During your lifetime, your retirement account has asset protection, but as soon as you pass that account to a loved one, that protection evaporates. This means one lawsuit and POOF! Your life long, hard earned savings could be gone.
Fortunately, there is an answer. A special trust called a “Standalone Retirement Trust” (SRT) can protect inherited assets from your beneficiaries’ creditors. Let me show you what I mean.
When your spouse, child, or other loved one inherits your retirement account, their creditors have the power to seize it and take it as their own.
Did you ever thought of protecting your retirement account? Here are 5 reasons why I think you should:
You’ve Worked Hard To Protect & Grow Your Wealth – Let’s Keep It That Way
You worked hard to save the money in those retirement accounts and your beneficiaries’ creditors shouldn’t be able take it from them. Let me show you how an SRT can help you protect your assets as well as provide tax deferred growth. NOW is the best time.
Give us a call at 305-456-7158 and we will schedule an Estate Planning Session for you or you can click Estate Planning Session to request we call you to schedule. Either way, do not wait, be protected and have peace of mind knowing you have the right Estate Plan that will not require probate.
Yahima Suarez, Esq.
Yahima Suarez, PA