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To: SeekAndFind

Trusts. The only answer.


16 posted on 07/14/2010 12:09:11 PM PDT by wac3rd (Somwhere in Hell, Ted Kennedy snickers....)
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To: wac3rd

Trusts are a good answer, except you do not want to try rolling a regular IRA or a 401K into a trust. It’s my understanding that you have to cash out, pay the onerous taxes, and then find some instrument the trust can include.

Anyone have further info?

PS: If I were a farmer or small-business owner I’d be looking for a good estate attorney right now!


25 posted on 07/14/2010 12:33:52 PM PDT by Wombat Ark
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