In this video, Kyle explains how a trust intended to be designated as a beneficiary of a Defined Contribution Retirement Plan must be drafted with special provisions to navigate complex tax rules. He also describes how Conduit Trusts and Accumulation Trusts work and when each type of trust structure is typically implemented.... ( read more )
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Retirement Plan Trust: Securing Your Future As the workforce ages, retirement planning has become a pressing issue for individuals and families. With the decline of traditional pension plans, many workers are now responsible for managing their own retirement savings through employer-sponsored retirement plans such as 401(k)s and individual retirement accounts (IRAs). While these retirement plans offer individuals the opportunity to sav
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)