An incentive trust is a trust that includes provisions requiring beneficiaries to meet certain conditions before the trustee can distribute funds. This means that the funds can only be accessed in specific situations or for specific needs. Some incentive trusts give the trustee the authority to spread distributions out so the beneficiary doesn’t receive them…
Year: 2022
Should I Retire To the Sea?
As retirement approaches, we may wonder about downsizing our living space, or even moving to a new area entirely. The perfect retirement has many elements, and is more than just having enough money to make work an option instead of a requirement. One of the hardest things is realizing that you are the leader of…
Another Roth IRA Advantage
The traditional IRA and the Roth IRA both will grow without income taxes reducing returns. The difference is that contributions to a traditional IRA may be tax deductible (depending upon income), and all distributions during retirement are taxable as ordinary income, while contributions to a Roth IRA are not deductible, but withdrawals are potentially free…
Factors Beyond the Fundamentals
In recent weeks there have been calls by Ukrainian officials for companies to take a stand against the Russian invasion, and many companies have responded beyond the government sanctions. This is not the first time that companies have taken a stand on political issues. Some companies make a point to embrace social issues as well,…
Smaller RMDs in 2022
It is normal to think that once you retire, you no longer need to save or invest for retirement. Although many may switch from an accumulation to a distribution mindset when retirement starts, it is important to keep your money working for you as much as possible. One consideration is managing distributions from tax-favored accounts,…
The Explosion of IPOs and New Investment Choices
Not all companies are available to be purchased by ordinary investors. Many companies, even very large ones, are held in private hands, and have no desire to change that anytime soon. In 2016, CreditSuisse compiled a report of the listed companies on major U.S. stock exchanges over the last four decades. Although the value of…