In this episode, Logan DeGraeve, CFP®, and Corey Hulstein, CPA, distinguish between reactive tax preparation and proactive forward-looking tax planning . We analyze the IRC §408 implications of the SECURE Act's 10-year rule, which requires non-spouse beneficiaries to liquidate inherited IRAs within a decade, often creating a significant tax burden for heirs in their peak earning years. The discussion covers the "Silo Effect"—the financial danger that occurs when a CPA, attorney, and advisor fail to coordinate—exemplified by families who draft complex trusts but fail to properly title and fund them, leading to unnecessary probate.

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Educational Tool: Access the Retirement Plan Checklist to benchmark your current 401(k) and Social Security strategy against 2026 inflation.

Topical Deep-Dive: Visit the Modern Wealth Education Center for informative content on withdrawal strategies and tax-efficient retirement planning.

Fiduciary Consultation: To move from education to a personalized financial plan, you can schedule a meeting with our CFP® and CPA team._____________________ Chapters: 00:00 Proactive Tax Planning vs. Reactive Tax Prep 2:40 Relocation and Asset Access in Financial Planning 4:07 2026 Estate Tax Limits: $15M and $30M Exemptions 5:07 The Emotional Side of Inheritance: Helping Heirs Now vs. Later 6:15 Generational Wealth Accounts: Brokerage, Roth IRAs, and 529s 8:00 The Airplane Analogy: Putting Your Own Oxygen Mask On First 11:23 2026 Annual Gift Exclusion Rules: How to Gift Correctly 13:23 Strategic Gifting: How to Transfer $300k+ Annually Tax-Free 17:03 Gifting In-Kind: Leveraging 0% Capital Gains for Grandkids 19:26 Step-up in Basis: The Best Wealth Transfer Strategy? 21:54 The SECURE Act 10-Year Rule and Roth Conversions 23:24 Why Charitable Heirs Should Avoid Roth Conversions 26:11 The Silo Effect: Why Your Professionals Must Coordinate 28:12 Trust Funding Failure: Avoiding the Probate Trap ____________________ Sources: Presented by Corey Holstein, CPA, and Logan DeGraeve of Modern Wealth Management®.

https://www.irs.gov/businesses/small-businesses-self-employed/frequently-asked-questions-on-gift-taxes https://www.irs.gov/newsroom/irs-releases-tax-inflation-adjustments-for-tax-year-2026-including-amendments-from-the-one-big-beautiful-bill https://www.irs.gov/taxtopics/tc703 https://youtu.be/YiI7qjR0fXQ?si=c46LfHzc-cEhGe8b https://www.americanbar.org/groups/real_property_trust_estate/resources/estate-planning/revocable-trusts/

https://youtu.be/bubZLJUdIlI?si=SEZYhTN5iaI_EmR- https://youtu.be/ze1sYnh_VR8?si=Xjvd2ycXS-dO0IUp https://youtu.be/B4mTbCUuFGE?si=tC2B0j6HZggOk45r https://youtu.be/BdM-15mxEDM?si=0jFMRTao3Gbg1dG_ https://youtu.be/n_uePPhiZPE?si=25LMA21TmUe0UyFH https://youtu.be/RmiJyyuhmj0?si=ovZe-AWqhyBjx9yp ______________ Investment advisory services offered through Modern Wealth Management, LLC, a registered investment adviser.

The views expressed represent the opinion of Modern Wealth Management a Registered Investment Adviser. Information provided is for illustrative purposes only and does not constitute investment, tax, or legal advice. Modern Wealth Management does not accept any liability for the use of the information discussed. Consult with a qualified financial, legal, or tax professional prior to taking any action.

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