Florida Elder Law & Estate Planning Blog

Trump executive order creates more uncertainty for retirement advisor fiduciary rule
February 11, 2017

As I explained in this  June 2016 post, a Department of Labor policy, originally set to go into effect April 1, requires brokers giving advice on retirement accounts to put their clients’ best interests above their own. For example, given…

IRS relaxes rule for late retirement plan rollovers
September 24, 2016

Taxpayers rolling over a distribution from an IRA or other retirement account into another account must complete the rollover within 60 days of taking the distribution, or face paying income tax on those funds. In the past, if you failed…

Financial Plan
Higher standard for advice on tax-advantaged retirement accounts
June 17, 2016

Federal law requires a financial advisor to put the client’s best interest first when providing advice on tax-advantaged retirement accounts.   Believe it or not, that was NOT the law until just recently. But it is today In the past, financial…

Student Debt
Retirees with student debt: Social Security benefits may be compromised
September 13, 2014

It’s no secret: There’s a student debt crisis in this country. But who imagined that student debt is a growing problem for the senior population? While few households headed by individuals 65 or older carry student loans, there has been…