Residuary Estate: Meaning And How To Distribute It
In this blog, we aim to shed light on a vital aspect of estate planning: the residual estate. Understanding the components of an estate following a person’s death is crucial…
In this blog, we aim to shed light on a vital aspect of estate planning: the residual estate. Understanding the components of an estate following a person’s death is crucial…
When it comes to managing your retirement funds, navigating the various options available can be daunting. Among the most common strategies are IRA transfer vs. rollover. These terms may seem…
Navigating the complexities of retirement accounts can be challenging, especially when it comes to understanding required minimum distributions (RMDs). At Nevada Trust Company, we are committed to helping you manage…
Navigating the financial implications of inheriting an IRA can be complex. An inherited IRA, or beneficiary IRA, is an account that comes into play when an individual inherits IRA assets…
Navigating the world of retirement savings often brings up a common question among investors: Can you have a Roth IRA and a 401(k)? The simple answer is yes, and having…
When planning for retirement, understanding the tax implications of your investment choices is crucial. One common question among investors is, "Are IRA contributions tax deductible?". The answer varies depending on…
When planning for retirement, figuring out how much money you can spend each year without running out can be tricky. This is where the 4% retirement rule comes into play.…
Grantor trusts are estate planning instruments that offer a lot more flexibility than the standard instruments of estate planning such as wills. In general, trusts make it possible for you…
Trusts are legal instruments that help individuals manage their assets while at the same time providing an efficient way to distribute these assets to beneficiaries upon the grantor’s demise. Trusts…
Planning your retirement is something every American should take seriously. With life expectancy getting longer and longer thanks to advances in medicine and nutrition, you can expect to live significantly…