Retire Secure!

In this episode of The Lange Money Hour: Where Smart Money Talks, CPA/Attorney and retirement and estate planning expert Jim Lange will discuss his flexible estate planning techniques – focusing in particular on Lange’s Cascading Beneficiary Plan. We all face uncertainty when it comes to predicting who the ideal beneficiary for any given asset will be at the time of our death. We don’t know how much money there will be because we can’t know how the market will perform. There is uncertainty about which family members will have the greatest financial need at the time of our death. Will there be an expensive illness that will mean our surviving spouse needs all of the money? Or perhaps our spouse will have plenty of money, and our children or grandchildren could use the money more. If you draft estate planning documents that don’t account for changing circumstances, your heirs likely won’t get the full benefits of your assets. This strategy, which has been featured in The Wall Street Journal, Newsweek, and