There Are Rules for Social Security When Someone Dies

Benjamin Long Social Security, Survivor Benefits

“When a loved one passes away, there are usually various arrangements that need to be made. One of the tasks to oversee will involve reporting …

Inherited IRAs Require Careful Handling

Benjamin Long Beneficiaries, IRA, RMDs, Survivor Benefits, Trusts

“One wrong decision can lead to expensive consequences, and good luck trying to persuade the IRS to give you a do-over.” For those who inherit …

What Is a Testamentary Trust and Do You Need One?

Benjamin Long Beneficiaries, Estate Planning, Survivor Benefits

“Utilization of a testamentary trust for the surviving spouse is an excellent idea, whether the survivor is the husband or wife.” A couple doing some …