Money

Three Advantages a ROTH IRA May Offer Your Estate Plan

Many may not consider the possibilities that a ROTH IRA can offer an estate plan. But, there are three advantages that a ROTH IRA can offer if your estate value is under the Applicable Exclusion Amount ($2 million in years 2006, 2007, and 2008) and if one of your planning goals is to leave as much money as possible to your heirs.

“Stop going for the easy buck and start producing something with your life. Create, instead of living off the buying and selling of others.”

-Martin Sheen as Carl Fox, Wall Street

For centuries European explorers navigated the globe on what was then the prevalent assumption that world was flat, and that a terrible and unimagined fate befell those who traversed too close to it’s edge. While the scientific knowledge of the Earth’s roundness was said to be known as far back as the ancient Egyptians and through to the Greeks and even the Mayan civilization, you could argue that nobody knew for sure until Magellan’s circumnavigation of the globe, a journey he did not survive, actually proved it. 

I have seen into the future. It just took me a while to realize what I was looking at.

      I have written numerous, specialized financial articles , and I continue to be asked for this material time and again because I have the Knowledge. The feedback I’ve received on this work has generally been positive, but of course you can never be quite sure of how much actual good you are doing regarding your chosen subject.

     Unless you’ve been living in the bush in Papua New Guinea for the last couple of years, you have probably seen the Visa Signature advertising campaign that exhorts us to check a number of things off a list that they have entitled “Things to Do While You’re Alive.” This grandiose to-do list includes relatively inexpensive moments like taking in the Northern Lights, to pricier pursuits like riding first class on the Orient Express.