Financial Planning / Retirement Questions
LLC vs doing business as
I’ve been a self-employed artist for over 30 years now. And I’m beginning to see certain aspects in which I..
basis in traditional ira and no-basis inherited ira
I am inheriting an ira with no basis where the decedent already started taking rmd’s. I am a sibling within..
Executor Or Co-Executor for each will in a 2nd Marriage?
Hi Terry In 2020 as part of my healthcare program, my insurance company offered a Healthy At Home Webcast Network..
Mature Series E bonds
My mother died and left paper series E savings bonds registered under her name and my adult daughter. All bonds..
Change of name for POD and TODI
All my accounts have PODs listed and my house has a TODI registered with the state of IL. My daughter..
Will versus estate plan
Hello Terry, I am a 63-year-old single male. I do not have children and have one sibling and 2 nieces)...
Roth-IRA conversions
Can an individual who is over 73 years old and taking RMDs, continue to transfer money from an IRA to..
Long Term Care & Retirement Community
My wife and I are considering a move to a retirement community, I am 76 and my wife is 74...
mortgage
I messed up. My realtor friends said my house would sell in a minute. I bought another house- I rented..
WEP & GPO
I am a retired FiireFighter from Chicago. My question is about the pension offset. I know about the wep and..
Top 10 money things to do right now column Where’s Organizer?
Your column in today’s paper mentions the Personal Financial Organizer but I cannot find it on your home page. What..
Starting a family trust
Do I need an attorney or financial advisor to setup a Family trust to start generational wealth
403b
I put 22% of every paycheck into my 403B. For 2023 the total amount was $21107. It doesn’t leave me..
product inquiry
I have 2 questions, please. I’m retired, living on soc. sec. & a pension. 1. if I take money out..
Stock at death
My husband and I own stock shares some held by us and some in certificate form. How can these transfer..
Roth IRA contributions
Happy New Year! I will be 70 1/2 at the end of July and am retired and not employed. Am..
Does a revocable trust protect one spouse from the other spouse’s medical expenses
My husband and I have had funded, individual revocable trusts since 1990. Currently are assets are split 60% in my..
Financial Advisor
HI Terry, I recently saw a financial advisor (fiduciary). He looked at all my assets, gave me a few suggestions..
Are SOFA and NSFE legitmate, reputable organizations?
I received in the mail a flyer offering a free 6 hour course at a local college. The course is..
Trusts
How can I make sure my son‘s wife gets nothing after I die that I have worked for all my..
