REQUIRED MINIMUM DISTRIBUTIONS from IRA accounts: Remember, in 2009, required minimum distributions for IRA account owners who are 70.5 or older are suspended. In addition, if you are 70 1/2 or older, you are allowed to make distributions directly from an IRA to a charity (up to $100,000) during the 2009 calendar year.
For our clients located in Pennsylvania, note that we have receently prepared two great new reports that are available on this web site for delivery to you by email and with a follow-up mailing of hard copies of the report.
The first, The Ten Most Common Mistakes Pennsylvania Executors Make and How To avoid Them, you should get if you are either an executor or, if you are selecting an executor. The second, on Enhanced Estae Planning is a great resource if you have questions about redoing or updating your wills, trusts, powers of attorney or related estate planning documents. If you have children and or grandchildren and you are worried about protecting their inheritance from divorce and lawsuits, you should get this report. To order either report, just click the report names below: