Since the creation of Individual Retirement Accounts in 1971, they have become an increasingly important part of a well-balanced Estate Plan. Taxpayers contribute to the IRA. Upon attaining a certain age, the taxpayer begins taking distributions based upon tables promulgated by the Internal Revenue Service. The Internal Revenue Service recently updated those tables which will significantly impact certain taxpayers. Read on to learn more.
Chumahan is a founding partner and the Senior Partner of Ovando Bowen LLP. Prior to starting his own firm, Chumahan was a partner at a prestigious class action firm in Los Angeles. Chumahan now focuses his career on civil litigation, family law, and estate planning.
Latest posts by Chumahan Bowen (see all)
- Let’s Talk about Trusts…and Taxation - April 2, 2022
- Just When You Thought You Understood the 10-Year Rule, Think Again - April 1, 2022
- Estate Planning – Something You Shouldn’t Do Yourself - March 31, 2022
