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INSIGHTS 2018-01-26T11:18:52-06:00
2301, 2020

SECURE Act Forces Updates to Stretch IRA Trusts

By | January 23rd, 2020|Categories: SECURE Act, Taxes|0 Comments

In a previous post, we explored the SECURE Act and how it affects inherited retirement accounts. Before the SECURE Act, retirement beneficiaries could spread out taxable distributions from the account over their lifetime. In fact, the government, at a minimum, [...]

2101, 2020

Medicaid Penalty for Transfers Less than Fair Market Value

By | January 21st, 2020|Categories: Estate Planning, Medicaid Planning|0 Comments

For Louisiana families who cannot offset long-term care costs with their income, Medicaid often becomes necessary. Once a family depletes assets below a certain level, the person needing long-term care becomes eligible for Medicaid.  Typically, families deplete their resources by [...]

2001, 2020

2020 Louisiana Long-Term Care Medicaid Asset Eligibility Limits

By | January 20th, 2020|Categories: Estate Planning, Medicaid Planning, Trust Assets|0 Comments

Medicaid Planning helps many Louisiana families achieve asset protection against long-term care costs. This strategy often utilizes Trusts which hold assets in excess of preset Medicaid eligibility Limits. When the Trust owns assets, those assets don't count against the planner's [...]

1601, 2020

With the SECURE Act, Paying Tax on IRAs Early May be a Sensible Approach

By | January 16th, 2020|Categories: SECURE Act, Taxes|0 Comments

In a previous post, I examined how the SECURE Act potentially creates greater taxes for retirement beneficiaries. Acknowledging this, is there any strategy that minimizes the tax your family ultimately pays on pre-tax retirement accounts? While we cannot eliminate the [...]

1401, 2020

Naming Alternate Beneficiaries for Children Without Descendants

By | January 14th, 2020|Categories: Estate Planning|0 Comments

As Louisiana residents enter their twilight years, it’s no surprise that many begin to think about planning for their legacy. When determining how their estate should be divided upon their demise, the decision is fairly straight forward for most. Divide [...]

1301, 2020

How the SECURE Act Increases Taxes for Many IRA Inheritors

By | January 13th, 2020|Categories: SECURE Act, Taxes|0 Comments

With Congress passing the SECURE Act, my Louisiana Estate Planning clients worry how this affects their family's retirement. Specifically they worry how it will impact their taxes. In short, the SECURE Act creates a climate where individuals who inherit pre-tax [...]

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