Month: July 2015

Tangible Property Myths: Conclusion

3. I gave it to him so I get it back. It’s very common for family members to try to reclaim gifts that they made to the deceased. Again, there is absolutely no legal basis for this. If you bought a TV for Dad and gave it to him, when he passes it goes under… Read More

Tangible Property Myths

“But Grandma said I was to have her diamond ring!” Since before Jacob tricked Esau out of his birthright and his father Isaac’s blessing, families have argued, fought, and become embittered over inheritances. Some of the most bitter disputes are over things – cars, silver, guns, china, clocks, and in one case I know of… Read More

Ten Stupid Things People Do To Mess Up Their IRA’S: Continued

4. Not beginning the required distributions on time. You are required to begin taking the minimum required distribution (“MRD”) by April 1 of the year following the year in which you attain the age of 70 ½. Making this withdrawal is your responsibility. It is not the responsibility of the broker or mutual fund or… Read More