Going to College - Make Sure It Happens with Proper Estate Planning

When you desire you children to go to College, are you guaranteed that will happen?

There are many elements involved in Estate Planning, but there is only one product that can guarantee what you want to happen will happen when it comes to sending your children to school beyond high school....Life Insurance.

But Life Insurance is only part of the equation. Depending on your Net Worth, Estate Planning has many issues. Unfortunately there are many mistakes that occur, unknowingly and unnecessary.

Here is common mistake that is easily remedied...we call it "The Missing Estate Plan". No, it is not a will, a living trust, or any other commonly thought about Estate Planning Technique. What is it?

First, the estate planning process is a roadmap to follow. That said, your missing estate plan is an issue most people assume to be in place, but often time is not. You may think you have arranged to whom you will pass what, and when, and how you will pass your estate. 

Let's look at an example where many more times than not, this simply is not true.

Beneficiary Designation Forms - You Have Guaranteed Your Children a Higher Eduction, Right?

Beneficiary Designation Review

Do you know where your IRA beneficiary designations forms are?

Are your forms properly completed to allow your wishes to be carried out?

Will your IRA Custodian allow your wishes to be carried out?

Our report will reveal mistake that causes problems plus an added bonus,

How to Withdraw IRA Money Tax Free with IRS Blessing!

 n    Who will inherit your IRA?  You may have the perfect will, it   has no effect on your IRA. Your will has no effect on your pensions  and also life insurance.

n        Beneficiary designations override the will. Many times you may feel you have everything covered, but without proper updated beneficiary designation forms often times people have nothing covered.

n       Major life events such as marriage, divorce, birth, death, an adoption, change in state residency, change in employers, retirement, and major tax changes such as the new Roth IRA regulations coming in January, 2009 --- all can be reasons for an updated designation check up.

       

Solution: Missing Qualified Retirement Accumulation Estate Plan

  •   Audit existence of beneficiary form designations
  •    Identify the beneficiaries you desire and match with current designations/or complete new beneficiary designation forms
  •    How to rid yourself of  IRA?
  •    When it is possible to receive IRA Distributions Tax Free
  •    Certain situations where you can eliminate the 10% penalty for withdrawing prior to age 59½
  •    Why you want to title an inherited IRA properly, and if you lose big tax savings MQRAEP eliminates this problem
  •    Verify with IRA Custodian the proper beneficiary and contingent beneficiaries in writing
  •    Maintain a copy of your designations and notify your beneficiaries when desired on how to reach us
  •    What happens if have no beneficiary form
  •   Goes it your estate, probate, and complications there and you lose a great stretch opportunity for the beneficiary
  •    Can you find your beneficiary forms, we will secure these from you IRA Custodian, help you complete them, and maintain a record for you
  •    Ask Your IRA Custodian 11 Critical Questions, example Are Multiple Beneficiaries and IRA Splitting Permitted?
  •    When and Why You Might Want to Consider an IRA Beneficiary Trust or  If You Have One a 10-Point Trust Check-UP