Recently, Attorney Dennis B. Sullivan of Wellesley attended a national conference of Attorneys specializing in estate planning, elder law and disability planning in Chicago, IL. Medicaid problems were discussed. Improper Medicaid planning creates problems for...
Taxes on IRAs and other retirement plans can create a 70 percent tax before your IRAs can reach your children or grandchildren. IRAs and other retirement plans are taxes twice, once as part of your taxable estate, and a second time...
With the stock and bond markets in another rollercoaster and tax rates on the upswing, many people are concerned about their retirement planning. Whether it is a Roth conversion or how to complete a beneficiary designation, we hear many questions from our...
Are you ready to retire? At the Estate Planning and Asset Protection Law Center of Dennis Sullivan & Associates, we help individuals and families with advanced tax, retirement and estate planning to protect their life savings, reduce estate taxes and avoid...
If you have substantial assets in an IRA – whether a Roth or a traditional IRA – you’re wise to pay attention to how those assets might pass to your spouse or other heirs in the event of your death. Christine Benz of Morningstar Advisors last week wrote a small cache...
The Social Security Administration recently put the kibosh on a technique some retirees were using to boost their monthly benefits. But even though that loophole is essentially closed, experts say there are still plenty of ways households can legally maximize the...
