Estate Planning - Setting up a 'Legacy' or
Stretch IRA can double and even triple the current value of your qualified
retirement account's value to your heirs. Unfortunately, all too often a minor and
easily correctable error by most retirees can turn this tax benefit into a tax burden
for your heirs.
Will setting up a trust benefit you or trigger severe maximum taxation of these major
liquid assets? Trusts are great planning tools. But all tools can be hurtful if not
properly used. Coordinating your specific assets with a trust plan can reveal great
planning opportunities and some sever pitfalls.
We prepare no legal documents. We work thru and with your lawyer and accountant to
review and discuss many options. Each option will have some benefits and each will
have some detriments. You should solicit at least two or three opinions and study the
advantages and the negatives of each strategy.
We will not bill you per hour. We never bill your Attorney and or CPA's for consultations
about your plans and objectives.
When appropriate, we may use life insurance, annuities, or long-term care insurance policies
to implement some strategies. In those cases an insurance company would pay us a fee.
Have your advisor call us.
ALL INITIAL CONSULTATIONS WITH YOU ARE FREE OF CHARGE
AND WITH NO OBLIGATIONS
Richard Pelletier educates pre & post retirees
about their financial and long term care alternatives and then
assists them to implement the proper solutions. The firm holds
seminars throughout the western counties of
Massachusetts.
Mr. Pelletier is available to employers,
corporations and organizations wishing to sponsor seminars and
speaking engagements on retirement issues. Please
contact him at: 413-747-5500, or
800-552-5449.
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