Estate Planning and Retirement Accounts
Now that you are pursuing estate planning for your family, you may also be curious about the role of your Individual Retirement Account (IRA) and other assets in documenting your wishes.
In Linwood and Toms River, New Jersey, the experienced law firm with solutions to your estate planning and IRA goals is the Law Office of David A. Semanchik. Our founding attorney has more than 25 years of experience helping individuals, couples, and families formulate legal strategies that can benefit their loved ones and lead them to brighter futures.
Understanding Retirement Accounts and Estate Planning Techniques
As your Toms River lawyer, David A. Semanchik can show you how an IRA, 401(k), or another retirement plan can be structured while deferring taxes on money saved over an extended period of time. He can also advise you as to the wisdom of cashing out a retirement account if your intent is to name a new beneficiary for your estate planning. The use of a revocable, irrevocable, or grantor trust can place a beneficiary in a much more desirable legal and financial position.