June 2019 – Law Office Of Skipton Reynolds, LLC
A Letter to our valued clients and community partners – Coronavirus Update
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Month: June 2019

How to Plan Your Funeral

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Thinking about your funeral may not be fun, but planning ahead can be exceedingly helpful for your family. It both lets them know your wishes and assists them during a stressful time. The following are steps you can take to plan ahead: Name who is in charge. The first step is to designate someone to make … Continue reading

A Final Retirement Account Distribution Must Still Be Made After Death

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Federal law requires that beginning on April 1 of the year after you reach age 70 1/2, you must begin withdrawing a minimum amount from your non-Roth individual retirement account (IRA) or 401(k) accounts. These withdrawals are called required minimum distributions (RMDs). But what if you die after age 70 1/2 and before all the account funds … Continue reading

Tips on Creating an Estate Plan that Benefits a Child with Special Needs

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Parents want their children to be taken care of after they die. But children with disabilities have increased financial and care needs, so ensuring their long-term welfare can be tricky. Proper planning by parents is necessary to benefit the child with a disability, including an adult child, as well as assist any siblings who may … Continue reading

Passwords and Estate Planning: How to Prepare Your Digital Assets

Estate planning does not have to be a complex and time-consuming process. Unfortunately, certain mistakes can complicate matters for your loved ones after your death. Passwords are a common problem during the estate planning process. Chances are, you are like most people and have various online accounts. You could have online banking, Bitcoin wallets, and … Continue reading