4121 Eіghteenth ave, suite 1110, 11218 Brooklyn
Retirement Planning Attorney
Retirement Planning Attorney
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4121 18th ave, suite 124011218 BrooklynNew York
- (347) 803-2476
- retiermentplaning@gmail.com
Description of Retirement Planning Attorney
One important part of your career today is to help prepare your finances so that you will have what you need during retirement. By starting as soon as possible, you can make sure that you have the income you need today, and that your savings will last you through retirement. Of course, you’ll also want to have something left over that can be passed on to your loved ones. We can help you with practical income and retirement planning services that will make it easier than ever to ensure you are doing everything you can to prepare for your future.
Most Americans who are getting ready to retire today have the bulk of their savings in the form of various retirement plans. It is important to understand how those assets would pass to your loved ones upon your death. There are very intricate rules with respect to estate and income taxation of those assets on the death of the person who was the primary contributor to the plan. It may possible to minimize income tax exposure or to defer part of it if a spouse or others are your intended heirs but it has to be done following complex set of IRA-trust rules imposed by the government. We will work with you to make sure that your pension account custodians understand and properly process your requests for beneficiary designations. We will also work for you to ensure that you have certain vehicles ready to accept your plans after your death.
Most Americans who are getting ready to retire today have the bulk of their savings in the form of various retirement plans. It is important to understand how those assets would pass to your loved ones upon your death. There are very intricate rules with respect to estate and income taxation of those assets on the death of the person who was the primary contributor to the plan. It may possible to minimize income tax exposure or to defer part of it if a spouse or others are your intended heirs but it has to be done following complex set of IRA-trust rules imposed by the government. We will work with you to make sure that your pension account custodians understand and properly process your requests for beneficiary designations. We will also work for you to ensure that you have certain vehicles ready to accept your plans after your death.
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