Posts in February, 2016

Feb 29 What is a Digital Estate Plan and why is it important?

In this day and age, Digital Estate Planning is crucial. Digital Estate Planning is the process of inventorying and providing your ...

Feb 22 What do you see as the greatest danger to retirement accounts?

The greatest danger is taxes – not creditors. Few people realize that they can lose upwards of 80 percent of their retirement ...

Feb 15 Of the various protective strategies that you mentioned for non-ERISA retirement accounts, which do you most generally use?

Our own firm generally prefers the international LLC strategy. This protects the IRA from any creditor. We also recommend that the ...

Feb 08 You mentioned encumbering or equity-stripping other assets as a protective strategy. Can you also encumber retirement accounts?

You cannot normally encumber ERISA-qualified plans because of the spendthrift provisions, but then again there would be no need to ...

Feb 01 Are 412(i) plans also creditor protected?

A 412(i) or employer sponsored, tax qualified plan, is either a defined contribution or defined benefit plan. 412(i) plans are ...