IRAs Archives - Pyke Balen & Moncure, P.C.

Making Sense of Beneficiary Acronyms

As our last blog article discussed, there are many types of beneficiary designations or ways to hold assets that avoid probate. Prior to the invention of IRAs and 401Ks, almost all assets were either owned singularly or jointly. In Texas, as a general rule, joint assets do not automatically pass to the other. Singular assets [...]

Proposed Estate Tax Law Changes

dpl_admin2022-08-17T19:56:17+00:00October 4th, 2021|Tags: Biden administration, David Pyke, Estate Planning, Estate Tax Exemption, IRAs, Pyke Balen & Moncure|

House and Senate Democrats are working with the Biden administration to pass legislation to fund their infrastructure initiatives, including wide-ranging social programs, and tax legislation to pay for those programs, at least in part. The House Ways and Means Committee released their tax proposals on September 13 and they have wide-ranging effects on high income [...]