IRA Legacy Planning

IRA accounts have become one of the largest forms of assets inherited by beneficiaries. If you don’t anticipate needing your IRA money in retirement, you may wish to consider an IRA legacy planning strategy to reduce taxes and increase the amount your beneficiaries will inherit upon your death.

A properly structured legacy IRA may provide your beneficiaries a regular stream of income, while leaving the balance of IRA assets invested for tax-deferred growth. The result may yield substantially more money paid out over the course of your beneficiary’s lifetime. We can help evaluate your financial situation to determine if IRA legacy planning may be an appropriate method for ensuring a long-lasting inheritance for your heirs.