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The Law Offices Of Kyle Robbins, PLLC


How To Budget For Retirement
  • Published: May 25, 2018

After spending years working, bringing in income and saving for the future, you now must spend and manage that money. It’s a big change, and requires a thoughtful approach. US News & World Report’s recent article, “7 Myths About Finances in Retirement,” says that moving into this new phase of life, can create changes in your finances and lifestyle. For most of us,…Read More

How To Take Control Of A Trust
  • Published: May 24, 2018

WTOP’s article, “7 questions to ask when taking control of a trust,” says that while having more wealth at your disposal may give you an increased sense of security, it’s also natural to have some fears about making a poor decision with new wealth. However, asking a few questions may give you the information that you need to be more confident. What are…Read More

Barbara Bush A Shining Example Of End-Of-Life Planning
  • Published: May 23, 2018

For many of us, losing Mrs. Bush was like losing a family member–regardless of our political party, says Forbes in its recent article, “Barbara Bush And Betty Ford - How Two First Ladies Mastered Unique Aspects Of End Of Life Planning.” The grace with which she handled the final days of her life, is something to consider in estate planning. She dictated how…Read More

Check Those Beneficiary Designations
  • Published: May 21, 2018

Beneficiary designations have precedence over wills. Therefore, if you have accounts with assets to pass on to heirs, be sure to update them regularly. CNBC’s recent article, “Out-of-date beneficiary designations are a common and costly mistake,” says that naming beneficiaries can come with unexpected costs, like deeding money to an irresponsible minor. Many people still have ex-spouses or deceased relatives named as a…Read More

If I Turn 70 In 2018, When Do I Need to Take an RMD From My IRA?
  • Published: May 18, 2018

Kiplinger’s article, “When to Take Your First Required Minimum Distribution From an IRA,” explains that when you must take your Required Minimum Distribution (RMD), depends on whether your birthday falls before or after July 1. It also depends on whether you want to use your option to delay taking your first withdrawal. Generally, you must begin taking your RMD from a traditional IRA…Read More

Virginia County Stepping Up Fight Against Elder Abuse
  • Published: May 17, 2018

Did you know that a person who serves as a court-appointed guardian of both person and property, is eligible to be paid for their efforts? published an article recently that asks “Can a court-appointed guardian get paid?” The answer: yes. If you serve as a court-appointed guardian of the person and/or the property of an incapacitated person (also known as a “ward”),…Read More

Financial Planning Crucial in “Gray Divorce”
  • Published: May 16, 2018

Bloomberg’s recent article, “Rise of ‘Gray’ Divorce Forces Financial Reckoning After 50,” found that a majority of married women (56%) still leave major investing and financial planning decisions to their spouse, according to a report titled “Own Your Worth” by UBS Global Wealth Management. The study shows that it’s not just older women moving into the more traditional gender roles of their parents:…Read More

New Tax Law Has Big Changes For 529 Accounts And ABLE Plans
  • Published: May 15, 2018

Think Advisor’s recent article, “Investing in 529, ABLE Plans? Better Check Tax Law Changes,” says that the tax reform passed at the end of 2017 made important changes to educational 529 and 529 ABLE plans. The 2017 Tax Act expanded Section 529 plans, to include the use of up to $10,000 per year for elementary or secondary school expenses. The new law will…Read More

Pennsylvania Lawmaker Proposes Guardian Background Check Law To Safeguard The Elderly
  • Published: May 14, 2018

A Pennsylvania lawmaker has introduced a bill that would require background checks on those selected for appointment as guardians for the incapacitated. The Reading Eagle reports in a recent article, “Bill would require background checks for guardianship,”that Pennsylvania State Representative Mark Gillen is seeking co-sponsors for the bill, after he read about aReading Eagle investigation that found courts in Philadelphia and Montgomery counties appointed…Read More

What’s The Biggest Threat To Your Inheritance?
  • Published: May 11, 2018

The biggest hurdle to seeing a windfall from your rich grandfather isn't the possible 40% estate tax. It's your own relatives, according to CNBC in the recent article, “Say hello to the No. 1 threat to your $11 million inheritance.” A recent TD Wealth survey found that 44% of attorneys, trust officers, and accountants cited family conflicts as the biggest threat to estate…Read More

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