Inherited IRA Consulting Services
extra-ordinary financial consulting
When you don't know which way to turn, stop. And call us.
Inherited IRAs can cause one of the greatest chances of adviser malpractice. Understanding the tax rules and statutes regarding inherited retirement money is one of the hardest areas of finance many advisers and prospective clients struggle and suffer from every day. Mistakes made are legendary since most retirement accounts have ballooned to become the largest financial asset owned at death. And the mistakes cause inherited retirement money to permanently enter INHERITED IRA HELL. It is a one-way trip and nobody gets out!
That is why you need a true time-tested tax professional who fully understands the process of transferring your inherited retirement money from your deceased relative or friend into your name. All without triggering needless instant lump sum or accelerated taxation. I am here to lighten the load off your shoulders you most likely now feel. I’m an honest and positive professional whose first priority is always the interests of my clients — providing instant professional consulting help and advice early on before you sign any paperwork. Signing paperwork and sending it back most likely will end any chance to help you if it is filled out wrong. And my long-term experience is that the first paperwork sent out by the plan trustee/firm is sent out with the wrong options. And very little (if any) instruction to complete it correctly.
FSI has been consulting on inherited retirement money since 1998, the first year an inherited IRA account was found feasible by an IRS private letter ruling. (PLR). Back then they were called decedent IRAs. Our inherited IRA site has been featured in many national media sources including the Wall Street Journal, bankrate.com, fox business news, Choate's Notes, and others. We subscribe to the yearly
A typical client wanting a solid estate plan used to go to an attorney known or referred and most likely would end up with a really nice Last Will & Testament, some power of attorney documents, and if lucky -- a Living Will. All individually wrapped up in a similar blue back cover that had been used for decades if not centuries! (Bank Box ready)
So, the client signed the new documents and placed them in their bank box to collect dust until they died, rarely thinking to update them throughout their years of life. Even so, the majority (about 70%) today have either outdated Last Will's (as behind the times as a horse and buggy) or absolutely nothing at all for controlling and VALID estate legal documents.
The internet, software, and technology are so aggressive today we barely remember having ever lived without them. They opened up the door to legal document consumers who shop "online" while professional offices as well as the malls and stores they used to go to and buy from - crumble and deteriorate with commercial "for sale or lease" signs on them. Many now for years.
And in the midst of this gigantic change in consumer trends, our online consulting service was born. For any financial matter you need an instant consultation on, consider a free 10-minute chat with Mr. Anderson. If you then hire him, he will either give you the answer you seek with documentation to back that answer up (sent by email). Or find an associated legal consultant or practitioner to refer you to if his licensing does not allow him to answer the question. (at no fee of course)