There Are Rules for Social Security When Someone Dies

Benjamin LongSocial Security, Survivor Benefits

The Importance of Reporting a Death to Social Security “When a loved one passes away, there are usually various arrangements that need to be made. …

Inherited IRAs Require Careful Handling

Benjamin LongBeneficiaries, IRA, RMDs, Survivor Benefits, Trusts

Navigating the Complex World of Inherited IRAs “One wrong decision can lead to expensive consequences, and good luck trying to persuade the IRS to give …

What Is a Testamentary Trust and Do You Need One?

Benjamin LongBeneficiaries, Estate Planning, Survivor Benefits

Understanding Testamentary Trusts and Their Benefits “Utilization of a testamentary trust for the surviving spouse is an excellent idea, whether the survivor is the husband …