The Best Estate Plan for All Economic Climates + Trust Planning

The Best Estate Plan for All Economic Climates + Optimal Trust Planning

In this workshop we will explore an estate planning system based on a series of disclaimers.

Disclaimers allow enormous flexibility for planning for your estate, and one important feature of that flexibility is that it allows you to create a plan that can be adapted based on the economic climate at the time of your death.

We believe flexible estate plans should be used routinely, but in practice, they rarely are.

This kind of flexibility is particularly crucial after the passage of the SECURE Act which has up-ended pre-existing laws governing the distribution and tax treatment of monies from Inherited IRAs and retirement plans. We will delve into the nitty gritty of those changes and our recommendations for how IRA owners should respond via their estate planning.

For many $1M+ IRA or retirement plan owners, unless you take aggressive action, your loved ones will likely take a massive income tax hit on the monies in those plans. So this workshop will concentrate on what you could do to preserve your estate, especially around wills, trusts, and beneficiary designations of your IRAs and other retirement plans.

We've combined our newest thinking with some of our classic strategies for protecting your children or grandchildren from themselves, but also creditors, possibly including their current spouse.

In this webinar you'll discover:

The details of the best estate plan for married retirement plan owners known as Lange’s Cascading Beneficiary Plan
How to determine whether your heirs should inherit your IRA and other retirement assets directly or through a trust based on your family’s unique goals and situation
The pros and cons of naming a charitable trust as beneficiary of your IRAs and retirement assets and what kinds of financial and familial circumstances are more likely to make this strategy worth the effort
The ever more popular trust that Jim has informally deemed the “I don’t want my no-good son-in-law (or daughter-in-law) to inherit one red cent of my money” trust: what it is and why you might want one
Which assets you should spend first and which assets you should spend last during retirement. Please note the answer has changed since the SECURE Act.
The implications of the back-door Roth and what to do about it in 2022
and more...

Presented by James Lange:

Jim Lange 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 9 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.

And his forthcoming book, Retire Secure for Professors, includes a foreword by Burton Malkiel.