An inheritance may affect the Social Security benefits you are receiving. Essentially, Social Security provides two types of disability benefits. One benefit is for disabled workers, the other benefit is for disabled adults and children with limited income and resources. The first type of benefit, the one for disabled workers (SSDI) is a benefit for […]
Kurt Panouses featured on MinnesotaConnected.com – read the full article here & below:
If you’re lucky enough to score a winning ticket, here are some tips on what to do with your prize money.
Over my 30 plus years of practicing law (as an Attorney and CPA), I have had the pleasure of advising several lottery winners. The list of Clients runs from $1,000,000 winners (and groups) all the way to the January 2016 $1.5 Billion dollar “Melbourne Beach” Powerball winners. While there are plenty of similarities in advising […]
Death Before the RBD (Required Beginning Date). If the owner of an IRA dies before the RBD (or at any age for a Roth IRA owner) one of two rules apply. The first rule (five-year rule) requires the entire benefit to be distributed on or before December 31 of the year in which the fifth […]
