Qualified Terminable Interest Property (QTIP) Trust
Qualified Terminable Interest Property (QTIP) Trust A Qualified Terminable Interest Property Trust, or QTIP Trust, is a type of irrevocable trust. It allows you to provide for your surviving spouse while still providing for secondary beneficiaries, such as children [...]
What to do if You Get a Letter From the IRS
What to do if You Get a Letter From the IRS Everyone’s worst fear is getting correspondence from the IRS. It sends most people into emergency mode, but it does not have to. In this article, we will go [...]
Long Term Care Insurance Myths
Long Term Care Insurance Myths Long term care insurance is not widely used and commonly misunderstood. In this article, we will debunk some long term care insurance myths that can help you understand it better. 1. It is Only [...]
5 Pillars of Retirement Planning
5 Pillars of Retirement Planning Retirement planning is made up of several components; these are the 5 pillars of retirement planning. It is important to be familiar with these pillars so you can be prepared for every avenue. In [...]
Transferring Accounts at Death
Transferring Accounts at Death Transferring accounts at death can be accomplished a few different ways. The first is to name a living trust as the owner of the account. The second is to use a POD or TOD designation. [...]