Passing on Money

Planning for a Disclaimer-Passing Assets to another Beneficiary

Written by Susan Dawson on . Posted in Ed Slott's IRA Corner, Estate.

Saying “no thanks” to an inheritance might seem like a crazy idea to most.  However, don’t count it out until you know all the benefits. A disclaimer allows a beneficiary to refuse an inheritance. And, as long as the rules are followed properly, it also lets the beneficiaries pass the assets onto alternate beneficiaries—which is an intriguing option to some.

However, to implement a disclaimer correctly, many pieces need to be put in place ahead of time. This includes the naming of beneficiaries as well as contingent beneficiaries. If you are considering passing on your inheritance, be sure to plan ahead!

Click here to download “Planning for a Disclaimer in 5 Easy Steps.”

Have questions about disclaimers or options for inherited accounts? We are here to help! Give Chris Robinson a call at 940-464-4104 to schedule a time to further discuss your questions.

“These materials have been independently produced by RFG Wealth Advisory. RFG Wealth Advisory is independent of, and has no affiliation with, Charles Schwab & Co., Inc. or any of its affiliates (“Schwab”). Schwab is a registered broker-dealer and member SIPC. Schwab has not created, supplied, licensed, endorsed, or otherwise sanctioned these materials nor has Schwab independently verified any of the information in them. RFG Wealth Advisory provides you with investment advice, while Schwab maintains custody of your assets in a brokerage account and will effect transactions for your account on our instruction.”

Securities offered through LPL Financial, Member FINRA/SIPC.  Investment advice offered through RFG Wealth Advisory, a registered Investment advisor and separate entity from LPL Financial.

The LPL Finanical registered representatives associated with this website may discuss and/or transact business only with residents in the states in which they are properly registered or licensed.  No offers may be made or accepted from any resident of any other state.

Back to Top
Copyright © 2022 RFG Wealth Advisory. All Rights Reserved.