Understanding the world of retirement benefits (IRAs, 401ks, pension plans, etc.) is essential to developing a coordinated estate plan. At Gevurtz Menashe, we advise clients on the estate and income tax impacts of beneficiary selection and recommend beneficiary designations that fit within each unique estate plan.
Guiding families through the beneficiary selection process.
Estate planning attorneys in Oregon and Washington
Retirement accounts provide many income tax benefits, but certain rules must be followed (and certain acts must be avoided) to maximize these benefits. Additionally, factors such as the beneficiary’s age play an important role in determining how these accounts will be taxed.