"IRA TRUSTS: What's All The Hype About?"

A recent new development in estate planning is helping thousands of affluent people across the country with IRAs over 100,000 transcend estate tax and income tax. It helps to keep your beneficiaries from blowing all their inheritance you’ve worked so hard for all your life.

It’s called an IRA Inheritance Trust, which only a very elite group of estate planning lawyers can draft and prepare and they are very few and far between. But armed with the ‘know how’ it can literally protect your money from your worst nightmares, and insure that the assets we both know you worked so hard your whole life for are protected and even multiplied for future generations!

Warning: If you have IRAs in excess of $150,000 (including any amounts you may rollover from a 401k or other employer plan), they may eventually be worth millions to your loved ones OR may be seriously exposed by your current estate plan!

Most seniors have more trust in financial areas that affect them immediately than in planning their estates for the future! If you want to avoid probate (a costly and time consuming legal process), you set up a Living Trust. If you want to maximize your IRA, protect it and use the tax stretch-out for your beneficiaries it can provide, you need to plan now!

Do you want to maximize your IRA so that it is potentially worth millions to your family in the future (left and distributed in your exact wishes to charity and family) OR will you take the risk and leave it unprotected and ready for the government to eat chunks out of it?

If you plan properly today, you can pass even more wealth down to several generations of beneficiaries. You can save huge amounts of money on taxes and create huge amounts of money with the IRA you have right now (whether it’s big or small).

If you want to assure your beneficiaries take advantage of the maximum income tax “stretch-out” and allow your IRA to compound income tax free for generations; protect your loved ones from losing your IRA to a divorce, lawsuit, creditors or government claims; pass your IRA from your children to grandchildren-estate tax-free; and prevent your beneficiaries with poor money management skills from blowing it all; then you must look into an IRA Trust!

This IRA Trust does sound too good to be true; however, in a private letter ruling the IRS has approved it, but it must be drafted and executed by an IRA Trust trained estate planning lawyer. If you are interested in more information regarding the IRA Trust, please contact an estate planning lawyer in your area who specializes in IRA Trusts.