Estate and Gift Planning
What estate planning attorneys “need to know” about family dynamics
When Tom Petty died at the age of 66 from an accidental overdose, he had been considered a success story in the realm of celebrity estate planning as he had a full plan in place at his death. Recent litigation, however, is calling into question how successful his planning was when it comes to family dynamics.—Alexandra P. Crean
Charitable giving
There are numerous ways you can choose to benefit a charity. As you determine what charity you would like to benefit, here are a few options on how to achieve your charitable giving goals.—Mary-Benham B. Nygren, Christine A. Sackett
Non-spouse IRA beneficiaries: how to avoid common mistakes
The rationale behind establishing an IRA may be quite simple; however, the rules for inheriting and distributing the IRA benefits upon the owner’s death are anything but. Therefore, understanding the rules governing IRA inheritances, for an IRA owner as well as the named beneficiary, is critical to avoid any unintended consequences, including paying higher taxes or forfeiting asset growth.
Wealth Management
Market Pulse: May 2019 Economic Highlights
Economic and market highlights from the NP Investment Team for May 2019.—NP Investment Team