On March 11, Tonkon Torp attorney Karen Hobson spoke about the estate planning implications of the Setting Every Community Up for Retirement Enhancement Act of 2019, better known as the SECURE Act. Along with two other financial advisors, Karen gave an overview of how the SECURE Act impacts qualified retirement plans such as IRAs, and how it changes beneficiary rules. They provided ways to work within the SECURE Act rules to fulfill charitable trust goals, and shared examples of how tools such as life insurance can be utilized to maximize retirement investments and distributions. The breakfast briefing was hosted by Allium Financial Advisors
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Karen is an attorney in Tonkon Torp's Estate Planning Practice Group where she advises individuals and high-net-worth families in estate planning and administration, and assists clients with tax planning, business transactions, and succession planning.
