The SECURE Act, which became law in 2020, greatly restricts inherited IRAs and imposes a ten-year period in which the inherited IRA needs to be completely withdrawn. In this video, Attorney Justin M. Kennedy discusses how to Limit the Income Tax hit to those Inheriting your IRA under the SECURE Act.
Litherland, Kennedy & Associates, APC, Attorneys at Law are members of the American Academy of Estate Planning Attorneys. If you would like to learn more about the importance of estate planning, we invite you to attend one of our free estate planning seminars.
Litherland, Kennedy & Associates have been providing quality estate planning services in the Greater Bay Area since 1975. They are committed to helping those concerned with protecting their families from the devastating legal effects of disability and death. With the aid of public seminars, educational presentations, articles, and radio/television interviews, the law office has championed the use of revocable living trusts as a proven way to protect families from probate, to minimize or eliminate federal estate taxes, and to prevent the Medi-Cal Recovery lien. Roy W. Litherland and Justin M. Kennedy are certified as Legal Specialists in Estate Planning, Trust and Probate Law by the California State Bar Board of Legal Specialization. They are members of the American Academy of Estate Planning Attorneys and National Academy of Elder Law Attorneys.
Latest posts by Litherland, Kennedy & Associates, APC, Attorneys at Law (see all)
- Updating Your Plan: Your Trust or Will - January 14, 2021
- Updating Your Plan: Powers of Attorney - January 6, 2021
- Planning for Incapacity - December 16, 2020
