Estate Planning and the SECURE Act of 2019

Effective Jan. 1, new Federal legislation signed into law by President Trump, the Setting Every Community Up for Retirement Enhancement (SECURE) Act includes significant provisions designed at making it easier for small business owners to set up retirement plans and seeks to prevent individuals from outliving their assets by pushing back the age retirement plan participants are required to begin taking required minimum distributions (RMDs) from 70½ to 72.