ADVISE ON YOUR CLIENT'S IRA WEALTH TRANSFER PLANS.
Inherited IRA 10-Year Rule
The tool is for advisors to manage the impact of the inherited IRA 10 year rule on the wealth transfer plans of their large IRA clients. The advisor uses the tool to develop a life insurance and Roth conversion plan that customizes and maximizes the post tax wealth transfer to the client's beneficiaries.
Surviving Spouse Addl Tax
Advisors can use the tool to manage the surviving spouse's tax, the tax impact from a change in the tax filing status when a spouse dies. The advisor uses the tool to develop a life insurance and Roth conversion plan that customizes and maximizes the post additional tax wealth from the IRA for the surviving spouse.
SOLVE YOUR CLIENT'S COMPLEX IRA LEGACY AND TAX PROBLEMS.
IRA Wealth Transfer Planning
The advisor uses the tool to model multi-year Roth conversion, life insurance, QCDs and beneficiary inheritance shares strategies to understand the impact on future client's and their beneficiaries' taxes and the post tax wealth transfers.
Bespoke and Tax Efficient
Generally wealth is divided equally among the children. Under the 10 year rule, taxes play a larger role and the equal division of wealth may not lead to a tax efficient wealth transfer. The tool helps develop bespoke and tax efficient solutions for estate plans with large IRAs.
