Estate Archives – RFG Wealth Advisory

Clipboard with checklist attached, pen and coffee on desk

Inherited an IRA? How to Avoid These Common and Costly Mistakes

Written by Chris Robinson on May 12, 2025. Posted in Ed Slott's IRA Corner, Estate.

If you’ve recently inherited an IRA from a loved one, please know we’re here to support you. This kind of inheritance...

Don't take an immediate IRA distribution, know your RMDs, set up properly titled account, split account into other beneficiaires inherited ira accounts, stay ahead of deadlines

Using IRAs to Help Children Build a Strong Financial Future

Written by Susan Dawson on May 12, 2025. Posted in Ed Slott's IRA Corner, Estate.

As parents and grandparents, we’re always looking for ways to give our children or grandchildren a strong start in life....

Gift them the money, invest funds for long-term growth, keep good records, open guardian Roth IRA, Use Roth instead of traditional ira

Inherited IRA? Avoid These Common – and Costly – Mistakes

Written by Chris Robinson on April 22, 2025. Posted in Ed Slott's IRA Corner, Estate.

If you’ve recently inherited an IRA from a loved one, please know we’re here to support you. This kind of inheritance...

IRA distributions, know the deadlines, required minimum distributions, set up property titled accounts, split account with multiple beneficiaries

Avoiding Costly Mistakes as a Spousal Beneficiary

Written by Chris Robinson on March 25, 2025. Posted in Ed Slott's IRA Corner, Estate.

We’ve all heard the saying, “Nothing is certain except death and taxes.” But if you’re married,...

consider a disclaimer, name new beneficiaries, split the inherited account, spouse beneficiary

Living Trust In Texas: Benefits, Drawbacks, and How to Set One Up

Written by Chris Robinson on March 4, 2025. Posted in Estate.

Your estate plan is a personal and powerful way to protect everything you’ve worked so hard for. Whether you’re just beginning...

estate planning, living trust, trust

Protect your legacy with beneficiary information.

Protect Your Legacy: Review Your Beneficiaries Today

Written by Chris Robinson on February 20, 2025. Posted in Ed Slott's IRA Corner, Estate.

Life can change in an instant. Milestones like getting married, the birth of a child, divorce, or the loss of a loved...

beneficiary form checklist, beneficiary update, clarify beneficiary allocations, evaluate life events

A wide image depicting a formal document labeled 'Inheritance' on a wooden table. The document has a bold red 'X' marked across it, symbolizing reject

Can You Decline An Inheritance?

Written by Chris Robinson on November 7, 2024. Posted in Ed Slott's IRA Corner, Estate.

When someone passes away, their heirs are often left with assets like money, property or valuable items. Most people are...

deadlines, decline an inheritance, execute a disclaimer, legal formalities, tax complications

Maximize Your Giving Potential with Qualified Charitable Distributions (QCDs)

Written by Chris Robinson on October 15, 2024. Posted in Ed Slott's IRA Corner, Estate.

As we move toward year-end, many people are in the giving spirit. They are looking for ways to make an impact while also...

70 1/2 years old, eligibility, eligible accounts, limits and RMDs, qualified charities, tax reporting

Life Insurance vs. Roth IRAs: Which is Best for Your Wealth Transfer?

Written by Chris Robinson on September 10, 2024. Posted in Ed Slott's IRA Corner, Estate.

Are you concerned about providing financial support and also wealth transfer for your loved ones when you pass away? Both...

contribution limits. required minimum distributions, estate inclusion, Life Insurance vs. Roth IRA, tax benefits, Wealth Transfer

Avoiding Charitable IRA Beneficiary Mistakes

Written by Chris Robinson on July 22, 2024. Posted in Ed Slott's IRA Corner, Estate.

Designating a nonprofit organization or charity as a beneficiary of your estate is admirable. However, although their...

avoid charitable ira beneficiary mistakes, nonprofit or charity beneficiary

multiple beneficiaries words on computer screen

Essential Steps when Planning for Multiple Beneficiaries

Written by Chris Robinson on May 29, 2024. Posted in Ed Slott's IRA Corner, Estate.

When creating a financial plan, many people wish to leave a legacy for their loved ones. Some individuals choose to name...

financial planning for beneficiares, Multiple Beneficiaries, planning for multiple beneficiares

Avoid Costly Non-Spouse IRA Beneficiary Mistakes in Five Easy Steps

Written by Chris Robinson on May 8, 2024. Posted in Ed Slott's IRA Corner, Estate.

If you inherit an IRA from a deceased loved one, it is crucial to know the complexities involved. Avoiding costly IRA...

avoid costly mistakes with IRA inheritance., costly beneficiary mistakes, inheriting and IRA mistakes

Critical Changes for 2024: Avoiding Spousal Beneficiary Mistakes

Written by Chris Robinson on April 8, 2024. Posted in Ed Slott's IRA Corner, Estate.

Many are familiar with the adage, “Nothing is certain except death and taxes.” If you are married, a time will come when...

mistakes with spouse beneficiary, new rules for 2024 for spouse beneficiary, spouse beneficiary

Avoiding Financial Mistakes in Divorce

Written by Chris Robinson on April 8, 2024. Posted in Ed Slott's IRA Corner, Estate.

Divorce tends to present a myriad of difficulties as couples navigate their new normal. Oversight while splitting financial...

Checklist for Financial Mistakes in Divorce, Top 5 financial mistakes in divorce

“These materials have been independently produced by RFG Wealth Advisory. RFG Wealth Advisory is independent of, and has no affiliation with, Charles Schwab & Co., Inc. or any of its affiliates (“Schwab”). Schwab is a registered broker-dealer and member SIPC. Schwab has not created, supplied, licensed, endorsed, or otherwise sanctioned these materials nor has Schwab independently verified any of the information in them. RFG Wealth Advisory provides you with investment advice, while Schwab maintains custody of your assets in a brokerage account and will effect transactions for your account on our instruction.”

Investment advice offered through RFG Wealth Advisory, a registered Investment advisor. FINRA/SIPC.

The LPL Finanical registered representatives associated with this website may discuss and/or transact business only with residents in the states in which they are properly registered or licensed. No offers may be made or accepted from any resident of any other state.