Choosing a Gift to Give to a Charity

Rincker Law Estate Planning Leave a Comment

If you are considering making a donation to a public charity, you are not limited to donating cash. Depending upon your financial situation, giving objectives, and the needs of the charitable organization, certain accounts or pieces of property may be better suited for donation to the charity. Cash Writing a check to your favorite charity is the fastest and easiest …

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Your Judgment of Divorce: The First Step in Estate Planning

Cari Rincker Estate Planning Leave a Comment

You have recently divorced your spouse and the judge has signed the divorce judgment. Now what? Although you may feel as though you have spent enough time and money on lawyers, there is one last attorney you need to talk to: an estate planning attorney. If you and your former spouse had estate planning done together previously, it is necessary …

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Warning: Don’t Let Creditors Inherit from You or Your Spouse

Rincker Law Retirement Trusts Leave a Comment

Although spouses receive special treatment when inheriting a retirement account such as an IRA (the ability to roll over the account into a personal retirement account and to stretch the distributions over their lifetime), the retirement account you leave for your spouse can still be seized in a divorce, a lawsuit, or a bankruptcy proceeding. Three Options Available to Surviving …

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Caution: Creditors Are a Threat to Inherited Retirement Accounts

Rincker Law Retirement Trusts Leave a Comment

Do you have an individual retirement account or other type of retirement account that you plan to leave to your loved ones? If so, proceed with caution. Inherited retirement accounts do not have asset protection when they pass to your loved ones, meaning creditors can seize the money in the accounts to satisfy any claims against your beneficiaries. How Can …

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Five Reasons to Protect Your Retirement Accounts Now

Rincker Law Retirement Trusts Leave a Comment

Your retirement account provides asset protection during your lifetime, but as soon as you pass that account to a loved one, that protection evaporates. When your spouse, child, or other loved one inherits your retirement account, creditors have the power to seize it and use the funds to satisfy their claims. This means one lawsuit and POOF!—your life-long, hard-earned savings …

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Myths and Frequently Asked Questions Planning After Landing Your New Job

Rincker Law Employment and Labor Law, Estate Planning Leave a Comment

Myth: When my employer hands me a beneficiary designation form for my employer-provided life insurance policy or gives me the link to complete the form online, it is optional and not a priority. This is false. When you are asked to complete a beneficiary designation form, you need to fill it out as soon as possible. If you were to …

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When Is The Last Time You Reviewed Your Estate Plan?

Rincker Law Food & Ag Organizations 3 Comments

I read a great article in the Agriculture Law Update from the American Agriculture Law Association (“AALA”) by Kevin Alerding, Esq., a Partner at Ice Miller, LLP in Indianapolis, Indiana, about reviewing estate plans.  Alerding recommends that folks review their estate plan once a year.  I think this is good advice so it becomes part of your regular routine.  Perhaps after you …

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