💼 Want expert help in planning for your financial future?
Apply for a consultation here 👉 https://calendly.com/erg-kc/introductory-phone-call-with-erg
How can naming your spouse as beneficiary create unintentional tax problems? Most people assume naming their spouse as the IRA beneficiary is the safest and simplest option, but Scott explains why that isn’t always true. In this episode, he walks through several real-life situations where choosing a spouse can unintentionally (and negatively) impact taxes, fuel family conflict, or even jeopardize government benefits.
Here’s what we cover in this episode:
💰 When They Already Have Enough: why extra inherited assets may create tax headaches
🛡️ Scam Protection: safeguarding vulnerable spouses from exploitation
💍 Remarriage Risks: preventing assets from accidentally going to a future spouse
👨👩👧 Blended Family Concerns: avoiding accidentally disinheriting your children
♿ Special Needs Situations: protecting government benefits with the right trust
Watch Scott’s videos to Protecting Yourself from Scams:
Beware of the Pig Butchering Financial Scam
https://www.youtube.com/watch?v=_PrGluJvaJE
Am I At Risk of Having My Identity Stolen or Being A Victim of Fraud?
https://www.youtube.com/watch?v=W0MDdVGbBbg
🌐 Visit our podcast website: https://listentoscott.com/
📚🛠️ Check out Scott's book, Exceptional Retirement, and Retirement Toolkit
Download here 👉 https://keap.page/bu413/exceptional-retirement-youtube.html
🎥 Subscribe to our YouTube channel for more retirement insights!
🔔 http://youtube.com/@erg-kc?sub_confirmation=1
📰 Read our latest articles on Kiplinger:
https://www.kiplinger.com/author/scott-m-dougan-rfc-investment-adviser
📌 Follow us for expert retirement planning tips!
https://www.facebook.com/elevatedretirementgroupkc/
#retirement #retirementplanning