JAMES LANGE PRESENTS:
Who Says You Can’t Control from the Grave?
Using Trusts to Protect Your Family.
Trusts can ensure your hard-earned money is handled responsibly, long after you are gone. Perhaps you are worried about creditors destroying your legacy. Unfortunately, the ex-spouses of your children can be the fiercest creditors jeopardizing an inheritance from you. Trusts can stop them dead in the water!
Most trusts that we examine when the underlying asset is an IRA and retirement plan are botched. Bad trusts can trigger a massive acceleration of income taxes after your death if they don’t meet five specific conditions. Yet many attorneys don’t include those provisions in their trusts. Those omissions could cost beneficiaries tens or even hundreds of thousands of dollars.
Jim Lange, your host is a CPA, attorney and a Registered Investment Advisor whose tax and estate planning strategies have been endorsed by The Wall Street Journal (36 times). He’s written 8 best-selling books including Retire Secure!, which received praise from many of the country’s top financial experts including Charles Schwab, Larry King, Jane Bryant Quinn, and Roger Ibbotson.
In this event Jim will draw on his more than thirty years’ experience as a practicing estate attorney and CPA and his depth of research and analysis on a myriad of long-term tax and financial planning related topics to provide you with the information and strategies you need to help protect your financial security.
What You'll Learn:
• Should your heirs inherit your IRA directly, or would naming a trust be safer?
• Is it worth the aggravation of creating and administering a trust after you are gone?
• Is trust planning still appropriate for your family and which trusts should you use?
• Is the “I don’t want my no-good son-in-law to inherit one red cent of my money” trust right for you?
• Trusts for minors.
• Spendthrift trusts — how to protect adult children from their own bad judgement and creditors.
• Trusts for special needs beneficiaries. The SECURE Act offers protection for beneficiaries with disabilities or chronic illnesses if the trust is drafted properly.
• The SECURE Act changes the type of trust we recommend for IRA owners.
• The pros and cons of avoiding probate.
• Lange’s Cascading Beneficiary Plan — how to integrate trusts into the best and most flexible estate plan for married couples
James Lange
James Lange is an 8 time best selling author and his upcoming book is all about beating the new death tax. Jim was one of the first IRA experts in the country to address the impending death of the stretch IRA.
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