Doesn the new changes make Stretch planning simple and take away from our value added edge over other advisors?
This could not be further from the truth. Yes, the new changes have simplified the minimum distribution tables and created a universal life expectancy table. However, this is just one small part of the Stretch IRA® process. Disclaimer planning, liquidity issues, fulfilling Unified Credit, Q-tip trust, just to name a few. The new provisions have certainly simplified the RMD for the IRA owner, however all the other planning strategies are still extremely important if not more important. The new tables will decrease the RMD thus leaving more in the IRA’s growing tax deferred. This is going to mean larger estates, hence more planning issues.
