Opportunities and Challenges Under the SECURE Act

Matthew J. Mancini, CFP®, ChFC®, AEP® |
Wealth Planning
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The SECURE Act contains many changes for individuals with retirement plans as well as small businesses with retirement plans.The elimination of the “stretch” provisions for most non-spouse beneficiaries of IRAs and defined contribution plans (like a 401(k)) is perhaps the most significant and publicized change that is brought about by the SECURE Act.The Act provides for a later starting date for required minimum distributions (RMDs) from retirement accounts, up to 72 from 70½.

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Podcast: Year-End 2019 Planning Strategies

Alvina H. Lo |
Wealth Planning
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Wilmington Trust’s Chief Wealth Strategist, Alvina Lo, shares her insights on this podcast about the “Top 5” planning strategies you can employ to help you achieve long-term tax saving success in 2019 and beyond.  While tax planning should always be top of mind, a little extra time spent before December 31 can help optimize your tax positioning now and in the years ahead.

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No Other State Matches the Delaware Advantage in Trust Law

Jeffrey C. Wolken |
Wealth Planning
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The facts show Delaware is a top jurisdiction for personal trusts with its flexible laws, a robust trust infrastructure, and a depth of talented professionals who serve this industry. While promoting their own trust services, other states at times present subjective information as fact, which can be misleading.Practitioners looking to find the right home for their clients’ personal trusts choose Delaware to take advantage of its favorable laws.

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