We are pleased to announce the launch of a new web site dedicated to IRA distribution planning. The site describes how you can use an IRA Stretch and Protection Trust to maximize the withdrawal period of your IRA and other retirement accounts. By maximizing withdrawal periods you can turn a relatively modest IRA account into millions of dollars of distributions to your beneficiaries, literally creating A Lifetime of Wealth. Please feel free to visit the site at http://www.irastretchtrust.com.
The IRS will shortly release a new revenue procedure (Rev. Proc. 2008-16) that will describe a safe harbor method of personally using an investment property and still qualifying for a tax free 1031 exchange of the property when it is sold. It will only apply to property sold on or after March 10, 2008. More information will be posted shortly.
