In this video, I’ll talk to you about how protect family wealth, preferably before your loved ones have passed. It can be difficult to discuss sometimes, but it's better to do it now, than when everything falls into probate court. The Secure Act of 2020 has changed the way you need to handle an inherited IRA or 401K, so don't get caught off-guard. NOTE: The information provided by John Ross is intended for educational use only. Please consult with a registered professional before acting on any information herein. 0:00 How to Protect My Inheritance 0:33 Inheriting a Parents IRA 2:18 When to Take Out IRA Distributions 3:42 Inheritance, Creditors, and Bankruptcies ........................................................... ....................... ............................... ' ? ? You might think that your parents retirement plan assets, like an IRA, Roth IRA or 40
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 :)