Generally, an IRA is protected from collection efforts.¹ What is less well known is that a consumer can assign his or her IRA to a financial institution as collateral for a loan and this act allows a non-custodial financial institution to collect what is due to them from the account upon delinquency because the consumer...

The One Big Beautiful Bill Act (OBBBA) signed into law on July 4th, 2025, includes some critical estate planning changes. While the main estate planning related changes are focused in just a few areas, OBBBA gives many taxpayers a compelling reason to create or revisit their estate plans. Estate and Gift Tax Exemption First, the...