How Well Do You Manage Wealth? Take the Millionaire Decision Quiz
“Jim” considers himself a savvy investor. He saved just over a million dollars before turning 50, but recognizing that he may have some financial blind spots he scheduled a meeting with a fiduciary financial planning firm. At the first meeting, the advisor asked him, “How do you pick stocks?” Jim provided various answers. He pays […]
Should I Name A Trust As My IRA Beneficiary?
Before naming a trust as the beneficiary of an IRA, consider the pros, cons, and complexities of doing so. Trusts can provide control over your assets after death, but with a cost and legal complexities.