ESTATE PLANNING COUNCIL OF GRAND TRAVERSE AREA

SECURE, combined with the proposed regulations and SECURE 2.0, has significantly changed the framework for analyzing options for estate planning with retirement benefits. Most beneficiaries now have 10 years to stretch out the income tax deferral on an inherited IRA, instead of being able to use their life expectancy. We will review the current required minimum distribution rules for beneficiaries of deceased retirement account owners. In particular, we will discuss the nuances of drafting beneficiary designations, as well as planning or administering inherited IRAs for spouses, minor children, beneficiaries with special needs, and charitable beneficiaries.  

Cost:

• Members - $50
• Non-Members - $100
• Optional Drink Ticket - $8 for beer or wine; $10 for spirits

NOTE: Drink tickets will also be available for purchase at the event; CASH OR CHECK PAYMENT ONLY.

About the Speaker

Sara A. Nicholson is partner with Warner Norcross + Judd, practicing in the Trusts and Estates group. She advises clients in all areas of estate planning and administration and specializes in planning with retirement assets for individuals and families. Ms. Nicholson speaks and writes for ICLE and other professional organizations. A member of the Probate and Estate Planning and Taxation Sections of the State Bar of Michigan, Ms. Nicholson earned her LLM in taxation from the New York University School of Law and JD from the University of Michigan Law School. She lives in Kalamazoo with her husband and three children.

Thank you to our event sponsor, the Grand Traverse Regional Community Foundation.