A short video talk by Betty Davis (CPA, CFP) from Q3 Advisors explaining why estate plans should include Roth IRA conversions. She argues that coordinating Roth conversions with trusts can prevent heirs from inheriting large pre-tax IRAs that would increase their tax brackets, and that converting to Roth makes trust payouts tax-free, improving heirs' long-term tax outcomes.
Hi, I'm Betty Davis. I'm a CPA and one of the CFPs here. As part of the planning team at Q3 Advisors, Craig Weir has likely 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 outcomes and put your heirs in a much better tax position. Your estate plan may not work the way you think unless you add Roth to the mix. Trusts can protect heirs and control distributions, but if your IRA stays pre tax, these distributions can wreck your heirs tax brackets. Coordinating trusts with Roth conversions can transform your legacy trusts. Protect, but don't erase tax problems. Converting first makes trust payouts tax free. Coordinate your estate and Roth plans together. 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 strategies directly with clients every day. If you'd like to learn more about what this means for you, click the link below. Don't wait. The sooner you act, the more options you'll have.
