Learn how to take control of your retirement - https://directedira.com/
In this episode, Mat and Mark dive into one of the most overlooked yet critical aspects of retirement and estate planning—who should be the beneficiary of your IRA? Should it be your spouse? Your kids? Or your trust? They break down the tax implications, legal requirements, and best practices to ensure your wealth is passed on efficiently and securely. With real-life stories and clear action steps, this episode is a must-listen for anyone with a retirement account.
- 00:00 – Welcome & Why This Topic Matters
- 00:25 – The Common Mistake Most People Make
- 01:02 – Why Trusts Often Get Left Out
- 01:58 – The Life Insurance Horror Story
- 03:19 – Why Beneficiary Designations Rule All
- 04:04 – Tips for Married Couples: Spouse First, Trust Second
- 05:08 – Why a Trust Helps with Minor or At-Risk Children
- 06:08 – Asset Protection & Special Needs Planning
- 06:50 – What Is a See-Through Trust?
- 08:06 – The IRS Rules & Structural Requirements
- 09:40 – Action Items: Audit, Update, Organize
- 11:00 – Wrapping Up: The Power of Being Organized
To get a comprehensive tax and legal plan get to my law firm KKOS Lawyers, https://kkoslawyers.com.
Directed IRA Homepage: https://directedira.com/
Directed IRA Explore (Linktree): https://linktr.ee/SelfDirectedIRA
Book a Call: https://directedira.com/appointment/
Other:
Mat Sorensen: https://matsorensen.com & https://linktr.ee/MatSorensen
KKOS: https://kkoslawyers.com
Main Street Business https://mainstreetbusiness.com
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