Financial Planning
Creditor Protection for Inherited IRAs
In June 2013, North Carolina’s Governor signed Senate Bill 279 into law, which made changes to statutes related to estates, trusts, and guardianships. One…
3 Tax Benefits of Education Trusts
TrustCounsel’s Gregory Herman-Giddens will present ‘Education Trusts and 529 Plans: Estate Planning Strategies for College Savings’ On September 5th in a 60-minute…
North Carolina Pet Trusts
Not every state has laws addressing pet trusts. Fortunately, North Carolina pet trust laws allow residents to establish clear plans for the…
3 Things to Consider for Retirement Planning
Without a retirement plan, an individual may diligently contribute to a savings account, but fail to be prepared for the true cost…
$3M Limit on IRAs in Obama’s Proposal
Individual Retirement Accounts are a top retirement choice for individuals who want to enjoy tax-deferred savings. However, Obama’s new budget plan includes…
Traditional IRAs: 3 Penalty-Free Withdrawals are Allowed Before Retirement
Making withdrawals from retirement accounts before actual retirement is usually a last resort. Individuals fear penalties and taxes—expenses they were not anticipating…
Don’t Let Them Boss You Around!
Dealing with financial institutions is not always easy; nor are the institutions always in the right. This is a big frustration in…
Duke’s OLLI Program to Offer Retirement Course in 2012
Local Financial Planner Janet Ramsey, MBA, CFP will be offering a course entitled To the Health of Your Wealth as part of Duke University’s…
Reverse Mortgages – the Impact on Older Homeowners
From a recent AARP report: reverse mortgages offer older homeowners a way to tap home equity to meet financial needs in retirement. However, the…
Don’t Pay more than 24.5% Tax on Your Roth Conversion
Do you think you have to pay income tax on large ($500k++) Roth IRA conversions at the top marginal tax rates? Think…
