Short video segment (speaker: Betty Davis, CPA/CFP at Q3 Advisors) explaining how the SECURE Act’s 10-year rule changed estate planning by eliminating lifetime "stretch" IRAs for heirs and increasing the importance of Roth conversions and updated trusts. The speaker urges viewers to update estate plans and consider Roth conversion strategies to reduce heirs' long-term tax burdens.
I'm Betty Davis. I'm a CPA and one of the CFPs that are part of the planning team here at Q3 Advisors. Craig Weir has probably been your introduction to Rothology and I have the privilege of working with clients every day to help them understand how to put these strategies into action. For just a couple of minutes, I'll be guiding you through a topic that can really save taxes. And by the end you'll see how having the right plan can completely change your long term tax outcome and put your heirs in a much better position. The Secure act blew up old estate plans. Has yours been updated? Plans built around stretch IRAs no longer work. Heirs can't stretch out over a lifetime. They must drain in 10 years. That makes Roth conversions more critical than ever. The 10 year rule changed everything. Old trust may now hurt your heirs. Integrating Roth is the modern solution Craig has shown time and time again that acting on Roth conversions at the right time can be life changing. Our team has the privilege of applying the strategy directly with clients every day. If you'd like to learn more about what this could mean for you, click the link below. Don't wait. The sooner you act, the more options you have.
