This is the first installment in a series that will be printed in this newsletter every third edition to describe the options and details for establishing an estate plan by the owner of these accounts.
IRAs and employer sponsored retirement accounts (i.e., 401K, 403b, etc.) often hold a substantial portion of an individual’s savings upon death. Since the earnings deposited into these accounts, including accrued interest and dividends, are often untaxed or have only been partially…