• Robert J. Kolasa

IRA Beneficiary Designations


A common and costly estate planning mistake is the improper drafting of beneficiary designations for IRA and other retirement assets. Typically, major tax savings can be obtained if after your death retirement benefits are paid out over the life expectancy of your loved ones (the "stretch IRA"). However, improper beneficiary and trust drafting may cause such benefits to be accelerated thereby disastrously increasing income taxes. Proper planning in this area is critical to achieve income tax deferral.

#IRA #BeneficiaryDesignations









0 views

Recent Posts

See All

Law Offices of Robert J. Kolasa, Ltd

1401 N. Western Avenue, 2nd Floor
Lake Forest, IL 60045

© 2020 by Robert J. Kolasa, Ltd. All Rights Reserved.

Tel: 847-234-6262

Fax: 847-234-7629

  • LinkedIn
  • Twitter
  • White Facebook Icon