Mastering Estate Planning (eBook)

Are you someone who has a Self-Directed Qualified Account (SDQA), Self-Directed IRA (SDIRA), SoloK, or Rollover Business Startup (ROBS)? If so, this book is a must read for you. Understanding the estate planning nuances raised by these constructs is critical to avoiding prohibited transactions, distributions, or even account disqualification. The consequences of not knowing how to transfer SDQA assets after the death of the Account Owner (AO) can be detrimental. But fear not, because this book is here to help. With clear and concise explanations of the proper procedures, compliance becomes easy.

So how did the author, a former personal banker, end up writing a book focused on SDQAs? It all started with a merger that changed the course of his career. After leaving banking and enrolling in law school, he was called to serve in the military after 9/11. Eventually, a back injury forced him to work from home, and that's when he discovered the world of self-directed IRAs and ROBS. With his knowledge and experience, he helped clean up the messes created by others' lack of attention to detail or simply not knowing any better.

Now, he has put all of his expertise into this book to help you properly prepare your estate plan so that your assets will transfer smoothly when the time comes. Wasting tens of thousands of dollars in unnecessary taxes and legal fees is not an option when there's a way to avoid it. The author recalls a phone call that lasted less than six minutes but saved the caller from a massive tax bill. This book has the potential to give you the same kind of valuable insight.

Not all professionals have the answers to the questions addressed in this book, so it's important to arm yourself with the knowledge provided here. And if you find it helpful, don't hesitate to share it with others who might also benefit. Just keep in mind that reading this book does not constitute professional advice, and if you need legal representation with the IRS, you must seek the services of a qualified professional.

So dive into the world of self-directed qualified accounts and the nuances of estate planning and take control of your financial future. This book is your guide to navigating the complexities and ensuring a smooth transfer of wealth. Don't miss the opportunity to save thousands and pave the way for a stress-free estate planning process.