Avoid This Costly Mistake At Death
By Jeffrey Levine, Director of Retirement Education
It’s not exactly a fun thing to think about, but death is an absolute inevitability. When that time comes, or more aptly, sometime before that time comes, there are a number of planning strategies that you can implement to make sure that you preserve tax benefits and minimize present and future income taxes for your heirs. One such planning opportunity may present itself if you own an investment with a loss as your time nears. The issue and possible planning options are best explained by example, so with that in mind, consider the following case of “Bob and Betty:..”
