IRA Inheritance Planning
Colorado IRA Inheritance Planning Lawyers Protects Your Rights and Legacy
401(k)s and IRAs are great tools to preserve wealth during your lifetime. However, they can also be ticking tax time bombs when you die. Unless properly planned, inheriting these qualified retirement plans can result in a large income tax for the “lucky” beneficiary. But it doesn’t have to be that way.
For 21 years of service to hard-working Coloradans like you, our Brady, McFarland & Lord, LLC, law firm has provided honest, accurate approaches to minimize the estate and income taxes from inherited IRAs. We work hard to earn your trust. We value the lasting relationships we build with our clients.
Karen L. Brady is a recognized expert and author on estate planning of all kinds. She can recommend tools such as the IRA inheritance trust, so that you and your survivors can get the most enjoyment from your savings. The IRA is often the single largest asset that an individual or family may possess.
To find out more about how your heirs can legally “stretch out” your IRA savings to cover their lifetimes, contact our full-service estate planning Brady, McFarland & Lord, LLC.
Our toll-free phone number – 888-806-7304 – puts all greater Denver, JeffCo and Front Range clients within reach of us. We serve clients in Colorado cities such as Arvada, Thornton, Lakewood, Wheat Ridge, Louisville, Broomfield, Golden, Superior, Westminster, Littleton, Genesee, Evergreen, Lafayette, Northglenn and Commerce City.
Experienced Legal Guidance for Your IRA Tax Issues
This kind of planning is not on the mind of every estate planner. Knowledge of how to execute an IRA inheritance trust requires creativity, a specialized command of the rules of income taxation and IRA’s, and rules of estate planning and estate taxation.
Advantages of an IRA inheritance trust include:
- Deferral of income taxes
- “Spendthrift” protection against heirs who may spend the funds too quickly
- Protects heirs from losing potential government benefits
We invite you to discuss your IRA inheritance trust goals and strategies in an initial consultation at our Arvada law offices. At Brady, McFarland & Lord, LLC, we want to help you create something of value for those you care about most.
Your Initial Consultation
Contact our Arvada IRA inheritance trust attorneys by toll-free phone, e-mail or fax. Call 888-806-7304.