Perhaps the largest part of most Americans’ wealth is in their qualified plan or IRA. Planning for these assets is one of the most important parts of the estate plan, for many reasons. This article will discuss the asset protection of such plans and how a trust may be used to provide asset protection.
Planning for Retirement Plans and IRAs: Asset Protection
Amy Nowaczyk is a partner at O’Drobinak & Nowaczyk, P.C. Amy’s background in psychology and law have given her a unique perspective on estate planning and elder law issues. Her education and experience have enabled her to identify the needs of her clients in order to create customized estate plans that help her clients avoid probate, control the distribution of their estate, and protect their assets from the high cost of long term nursing care. Clients frequently praise Amy’s ability to make them feel comfortable and at ease while discussing difficult subjects such as their disability and death.
Latest posts by Amy Nowaczyk (see all)
- 529 Plans – The “Holy Grail” of Estate Planning - July 13, 2023
- Does Medicare Cover Nursing Home Care? - July 11, 2023
- What Is the 2023 Gift Tax Exclusion - June 28, 2023
