(720) 528-4227

(720) 528-4227

How Does an IRA Fit Into Your Estate Plan?

When you think of IRAs, you probably think of retirement. But what happens to your IRA money after you’re gone?  What happens depends on a lot of factors, like how you set up your estate plan, who you choose as beneficiaries, and many other factors.  If you do not...

What to Do with an Inherited IRA

One of the largest assets that people have are IRAs.  IRAs can be passed on to descendants, and they are therefore one of the largest inherited assets.  IRAs are such large assets because they grow tax free until you begin to take distributions out of the IRA. Your...

Life Insurance: How Much and What Kind?

Life insurance is a way for you to affordably provide finances for your surviving spouse, ageing parents, children, and others if you pass away while they are depending on you.  Proceeds from your life insurance can provide extra income for whatever needs your loved...

Six Stages of Life When You Need Life Insurance

There are generally three prime reasons why a person gets life insurance: 1) pay final expenses (burial and funeral, medical expenses, etc.); 2) provide retirement income for themselves; and 3) pass on wealth to loved ones after they pass away.  Additionally, life...

Why You Should Name a Stand-Alone Retirement Trust as Beneficiary

It is critical that you name the correct beneficiary for your tax-deferred retirement accounts.  Deferring taxes allows your retirement account balance to grow, decreases the income taxes you have to pay, and helps your account’s “life” stretch out...

How to Defer Income Tax on Your Retirement Plan

Deferring Income Tax Within the Internal Revenue Code, some of the laws that most benefit you and I are those the allow the beneficiaries (you and I) of qualified retirement plans (think IRAs, etc.) to defer our income tax liability until the beneficiary withdraws...