Tag Archives: estate planning

Warren L. Baker featured as self-directed IRA expert in Natalie Choate’s new book “Life and Death Planning for Retirement Benefits” (8th Edition)

December 17, 2018Estate Planning, Recent News, Self Directed IRA, Taxestate planning, self-directed IRA, tax lawWarren Baker

I am very proud to announce the release of the 8th Edition of Life and Death Planning for Retirement Benefits, by Natalie B. Choate. Natalie is an extremely well-respected tax attorney in Boston, MA. For many years, her book has served as a THE AUTHORITY for estate planning and tax attorneys related to the legal … Continue reading Warren L. Baker featured as self-directed IRA expert in Natalie Choate’s new book “Life and Death Planning for Retirement Benefits” (8th Edition) →

Upcoming presentation: Drafting IRA Trusts (June 20)

May 18, 2016Estate Planning, Self Directed IRA, Taxestate planning, IRA Trusts, self-directed IRAWarren Baker

Just a quick “FYI” that I will be one of several speakers at an upcoming National Business Institute (NBI) seminar entitled “Drafting IRA Trusts“. The seminar will be conducted at the Washington State Convention Center on Monday, June 20, 2016, from 9:00am-4:30pm PST. An outline of my portion of the seminar is below: Using Self-Directed … Continue reading Upcoming presentation: Drafting IRA Trusts (June 20) →

Survey Reveals Majority of Americans do not Have a Will

May 5, 2016Estate Planning, Recent Newsestate planningAngela Baker

A recent survey commissioned by Rocket Lawyer revealed that 70% of Americans aged 45-54, and 54% of Americans aged 55-64, do not have a Will. The recent death of Prince and news that he died without a will has brought a lot of attention to this issue and the added complexity, costs, and inherent conflicts … Continue reading Survey Reveals Majority of Americans do not Have a Will →

Article featured on “Wills, Trusts, & Estates Prof Blog”

February 5, 2016Recent News, Self Directed IRAestate planning, self-directed IRAWarren Baker

Thank you to the esteemed law professor Gerry W. Beyer for his interest in my 2014 article on the complexities that self-directed IRAs present in estate planning. Read Professor Beyer’s blog post here. In summary, retirement accounts need to be considered carefully during the estate planning process – and these complexities increase exponentially when the … Continue reading Article featured on “Wills, Trusts, & Estates Prof Blog” →

Death & Taxes Newsletter (Dec. 2015) – Self-directed IRA and Estate Planning Updates

January 4, 2016Estate Planning, Recent News, Self Directed IRA, Taxdeath & taxes, estate planning, GAO, ROBS, self-directed IRA, Solo 401(k), Summa Holdings v. CommissionerWarren Baker

Happy New Year! In case you missed it (or are not on my subscriber list), please read my latest newsletter, Death & Taxes (December 2015). This edition includes information regarding: (1) A second/pending US Government Accountable Office (GAO) report on “self-directed” retirement accounts (e.g., IRAs, 401(k), “ROBS”) that invest into “nontraditional” assets – e.g., real … Continue reading Death & Taxes Newsletter (Dec. 2015) – Self-directed IRA and Estate Planning Updates →

2016 Estate Tax Update

December 10, 2015Estate Planning, Recent News, Taxestate planning, gift, taxWarren Baker

Federal Estate Tax, Gift Tax, and Generation-Skipping Tax (GST) Exemptions For 2016, the federal estate and gift tax exemption is $5,450,000 million per individual. This is an increase over the 2015 exemption, which was $5,430,000 per person. This means an individual can shield up to $5.45 million from federal estate and gift tax and a married … Continue reading 2016 Estate Tax Update →

ROTH IRA + IRA TRUST: Tax free growth/income and asset protection for your heirs

January 30, 2015Estate Planning, Recent Newsbeneficiary designation, estate planning, IRA Trust, Roth IRAWarren Baker

Most clients like the idea of tax-free growth, tax-free income, asset protection, and maintaining some level of control over assets after they are passed to future generations. Maximizing Roth IRA growth during a client’s lifetime and leaving the Roth IRA to an “IRA Trust” (aka, “Legacy Trust,” “Retirement Account Trust,” etc.) at the client’s death … Continue reading ROTH IRA + IRA TRUST: Tax free growth/income and asset protection for your heirs →

PRESENTATION SUMMARY: “Self-Directed IRAs and other Interesting Retirement Plan Developments”

November 3, 2014Estate Planning, Recent News, Self Directed IRADabney v. Commissioner, Ellis v. Commissioner, estate planning, Form 5498, IRA rollovers, IRA Trust, IRA/LLC, Peek v. Commissioner, ROBS, Roth conversion, self-directed IRAWarren Baker

[The following blog post is a written summary of my presentation at the 59th Annual Estate Planning Conference in Seattle, WA on October 31, 2014. It was truly an honor to be asked to speak at such an important event to northwest attorneys, CPAs, and financial professionals]. The overall purpose of my presentation was to … Continue reading PRESENTATION SUMMARY: “Self-Directed IRAs and other Interesting Retirement Plan Developments” →

“Self-Directed IRAs – Top Five Complexities for Estate Planning Attorneys”

October 19, 2014Estate Planning, Recent News, Self Directed IRAbeneficiary designation, estate planning, IRA Trust, RMD, self-directed IRA, UBTIWarren Baker

I am pleased to announce the publication of my latest article in the WSBA Real Property Probate and Trust Section newsletter. The full article can be found here: Self-directed IRAs – Top Five Complexities for Estate Planning Attorneys – by Warren L Baker – WSBA RPP&T Sec – April 2014. Although the article was directed toward … Continue reading “Self-Directed IRAs – Top Five Complexities for Estate Planning Attorneys” →