IRAs and 401k retirement assets can pose some challenges in estates due to the tax-related rules that apply to these types of assets. In this post, our Manassas estate planning attorneys at Manassas Law Group briefly explain IRAs and 401ks in estates. IRAs vs. 401ks IRAs and 401k have similar rules with respect to the […]

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RETIREMENT ACCOUNTS and Beneficiary Designations Some of the costliest estate planning mistakes involve retirement accounts. Contrary to popular belief, IRAs and 401K’s are not normally covered by a will. Beneficiary Designation Form Instead upon the death of the account owner, the funds pass to individuals based not upon the Will of the account holder or […]

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