Category Archives: Tax Planning

Problems with Joint Tenancy

Posted on November 2, 2010 by yourmoneyfirst

By Brent Ripley Many people are tempted to avoid probate by adding children or others as joint tenants to their properties or bank accounts.  Don’t do it!  You may think it’s a convenient way to pass your property free of … Continue reading →

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How to Inherit an IRA

Posted on October 29, 2010 by yourmoneyfirst

by Brent Ripley Many people mistakenly name their family trust as a beneficiary of their IRA or 401(k) account. But wait!  You thought this was what your trust was for, right?  Shouldn’t your trust be the owner or beneficiary of … Continue reading →

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