Understanding New Rules: 529 Plan to Roth IRA Conversions

11 Mar 2024

I’ve said for some time that college planning is hard. I discovered this the hard way, through my own situation. Both of my daughters are in college now, and I started 529 accounts for each of them the year they were born. I got a little tax deduction and the benefit of tax-free growth. When my older daughter was a freshman in high school, I realized the problem: even though… Read More

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You Better Think (think!) About Estate Planning

17 Jul 2023

The Queen of Soul, Aretha Franklin, died in August 2018. Five years later, the battle over her estate ended after a two-day lawsuit that should allow her estate to finally settle. At issue was that Franklin left two wills behind, both handwritten (one tucked in a notebook under a couch cushion), and they were contradictory. Initially, her four surviving adult children thought there was no will since they couldn’t find… Read More

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