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account holders and beneficiaries searching the internet for
free help may easily get conflicting information and outdated
data or outright -- wrong advice that may only make things
worse. Some will get the sales "sell up" all because you
respond. Not here.
A trusted and respected long term adviser is
ready to take your call about your Inherited IRA (Beneficiary IRA) situation or respond to your email to
RIGHT NOW!No tricks or games. Just read some
TESTIMONIALS, to discover why clients who find me -- stay with me for decades!
am M.D. Anderson, a nationally known and often published inherited IRA and
consultant in Chandler, Arizona. My firm, Financial Strategies, Inc., was
founded in 1990 and has been performing Inherited IRA and tax consulting since
hundreds of local
clients in Arizona and many clients
throughout the United States and serving U.S. citizens living abroad as well --
39+ years of experience solve your inherited IRA problem.
To do that, it may be necessary to first rescue your inherited IRA from bad advice.
My associate and consulting partner Dr. Saul S. Gefter, will be
reviewing your case too as our firm's legal and tax consultant and consulting partner on
the FSI inherited IRA advisory team.
Legal Consultancy Included
am proud to include in my inherited IRA "rescue" consulting services -
legal consultant Dr. Saul S. Gefter.
a well known former U.S. Diplomat and current International juridical consultant
and long term member of the D.C. Bar.
We include Saul's legal "overview" on every internet based client case. He has assisted
our firm on many cases over the years
when circumstances required his excellent legal input. So, we have joined forces
to provide substantial knowledge and experience to your inherited IRA situation.
It is doubtful you will find any other inherited IRA consulting service packaged
and set up to go to work instantly upon your payment of starter retainer fee.
And with the combined skills we offer you.
Putting a savvy and seasoned legal consultant on your case guarantees ALL
the legal options you have now -- will be explored and provided to you along with
my separate inherited IRA tax related advisory. Together, we discuss your
case and consult to assist you in determining proper "action steps" and case strategy.
This is done at a fixed hourly rate for our combined services.
(For one hourly fee you get two professional advisers)
With over 85 years of combined
experience in financial matters and client relationships -- this makes us the "senior" consulting team you should hire first to get the edge you need to fix a
broken inherited IRA or to solve a difficult inherited IRA problem.
already have a difficult and complex Inherited IRA problem potentially without
realizing it. Especially if your newly inherited IRA is payable to a family
living trust, you have any Inherited IRA in bankruptcy, etc.
Call me direct at 1-800-782-2806
if you have any questions.
FSI recommends you retain professional advisers at the onset of discovering a
problematic inherited IRA account. And especially on large IRA's
and cases with unusual circumstances, or for any case that has legal issues needing
Thank You to Past Consulting Clients
after all these years of practice -- other lawyers and CPA's nationwide request our combined help to assist them
when their own
clients have a difficult IRA situation. And, some also hire us to consult on
IRA situations. Sometimes for their own mothers and fathers.
personally thank all professional advisers
who refer or engage our inherited IRA
Inherited IRA Tax News?
Read more about the landmark Supreme Court
decision June 12th, 2014 that affects all inherited IRA accounts. And much more
inherited IRA related news for the past couple years.
On IRS Allowed Roth ConversionsNo, you can't convert your
Inherited IRA into a Roth under current tax law. But for your regular IRA funds,
discover why 2014
may still be a good year to convert your IRA to a Roth IRA.
Two Roads - And Now You Must Choose Just One To
Most people with problem oriented inherited
IRA accounts hire my firm's services after calling to chat with me for free.
After just a few minutes
of conversation, they can tell I am actively engaged on multiple case files and
speak with authority on applicable laws and potential options.
The most common response I get is "You seem to
know what you are talking about" or "I
like what you are saying because it sounds better than what my local financial
adviser is telling me".
Past inherited IRA clients after
being rescued from "bad advisers" have called me
"financial angel" and evenone stated I was
"an answer to prayer" a few years ago. Articles
quoting my knowledge in the
Wall Street Journal,
Fox Business News,
Bankrate.com and other national media outlets help direct potential clients to this website you are now
Over all these years, I am sure some
of the former advisers that got "fired" due to my advice given to new inherited IRA
clients -- had some choice words to call me that aren't very nice at all. I do remember one
former adviser years ago who called me a
"bean counter" and told me to butt out of his client's retirement plan
situation. The client listened to me. I also remember the same financial planner
here in Phoenix after making fun of me, running a full page ad in the paper
declaring his knowledge on inherited IRA's. Based on what I knew, that would be
I will have to admit that no adviser
on this difficult subject is going to be an expert after taking a course or
reading a book. It takes years of experience and client cases to achieve the
level I now operate at along with Saul's help. The rest are all pretenders who most likely have
ulterior motives in giving you free inherited IRA advice. Normally, they want
a new commission or fee on YOUR inherited money...
You see, it is extremely rare
to find former advisers of the deceased IRA owner that are also competent
and experienced inherited IRA advisers. It is almost impossible to think your
current adviser (or your deceased parent's former adviser) is going to give you
all your options now. Or even get it right. The problem is you may
not know the difference if they malpractice.
Registering Below is a good start to educate yourself to be able to discern
truth from fiction in what these "inherited" advisers tell you.
I know, you inherited your parent's adviser along with their retirement plan/s.
But with some tact and dignity, they can nicely and easily be asked to respect
your desire to seek your own advisers since it is now YOUR money.
These inherited advisers will petition surviving beneficiaries
to follow their advice and "roll over" the account so they can continue to
manage the money for you. If you should be so lucky, they will actually
create a new inherited IRA account which is definitely the right way to go. But
even then, they may miss the longer stretch period you are eligible for when any
IRA is payable to a living trust or stand alone IRA trust. In our actual
case files -- they will tell you the five year rule applies and all
your inherited IRA money must be removed in five years after the year of
death, when the decedent died after taking one or more RMD payouts. This is malpractice folks and it
happens in over 50% of the client cases we take on a Professional advisory basis.
Most times, when client information
is submitted to us for review (fax, or emailed pdf files work or we provide a dropbox.com
private electronic directory for you), the paperwork
these former advisers want you to sign is wrong. In the most egregious cases -
it is a lump sum distribution request which means if you sign the forms, you
will be paying income taxes on 100% of your beneficiary share yet this year! It
doesn't help at all that the forms are confusing and vary between multiple
custodian accounts. You can easily sign your own fate
away if you don't read and fill them out carefully.
Now, I fully recognize and admit
that those bad advisers giving bad advice drive visitors to this website who are
estate managers and administrators or actual
beneficiaries who question the options these advisers give them after the death
of an IRA owner. I know my firm wouldn't get hired as often as it does to fix a problematic inherited IRA
situation without them. But, I do this service along with my other financial
services provided by my firm. Rarely do I get a break from assisting clients
with IRA problems - because it has gotten worse the past few years and I have
been busier then ever as a consultant.
Most often the problems are CAUSED by
the very adviser telling the new IRA beneficiaries (or estate manager) something that just isn't
true. They hope you won't know the difference and just blindly invest what is left after
taxes or penalties paid caused by their bad advice. Of course, they expect you
to invest with them. And if you don't... like I said, I get called a lot
of choice names by enlightening my clients with 100% of their options.
Our firm will not work with a current adviser who gave you
or your deceased loved one bad inherited IRA advice
that later proves to have caused you harm or financial loss. Besides, few are going to
be able to handle this, the most complicated section of the tax code. Nor
do they deserve to assist you now if they were the cause of your current problem
discovered. If they are the cause of tax or legal problems for either you, the
estate, or a trust as beneficiary of large IRA dollars - unfortunately we can't
accept a request to assist you if you want us to "work with them".
I personally bypass all advisers
anyway in my work for inherited IRA clients. But I will talk to the supervisors
or legal departments of the firms they represent for the benefit of you, our
potential consulting client. This is a tremendous time saver and it helps
cut to the chase and perhaps solve your current inherited IRA problem quickly
and at very low expense.
Right now, you need someone who
understands both traditional and self directed IRAs and also fully knows how they
affect estates and living trusts when they are named as the primary
In summary, know my firm is
with some of America's top inherited IRA/retirement legal and tax advisers and
authors -- all experts and well versed
on Inherited IRAs, Taxation, Estates & Trusts.
Some of those advisers provide the
books and guidelines that all of us inherited IRA advisers must use in our
advisory practice. Being quoted in the same national news articles with
like attorney Natalie B. Choate, CPA Ed Slott, or financial adviser Michael Kitces the past few years is truly a
highlight in my long financial consulting and practice.
It is also your
assurance that you have found the "professionals" to fix your IRA problem at
a reasonable price. Unfortunately more than a
few of America's financial advisers continue
to malpractice in a "big
way" on client accounts before these clients die. This leaves beneficiaries
very few favorable
options -- until they contact FSI's inherited services division. If
there is a way, we will find it.
With much resources, talent and experience
at my disposal, we
take on some of the largest IRA cases in America and rescue the dollars from bad
advice. In almost every instance, my firm is able to rescue the
money from instant or short term taxation. In every case, clients have benefited by our advisory services by being
properly educated to make better decisions.
So, if you call to test my
skills, be aware that in order to help you, I may have to first rescue you from
the bad advice another adviser may have already given you. Or give you that all
important "second opinion" before you sign a single piece of paper you may have
laying on your desk this very minute. I challenge you to make that call. There
is no obligation or fee for your first inquiry.
Call M.D. Toll Free
Stays Busy in 5
Separate Financial Disciplines:
My current occupations are all "mastered" and definitely keep me busy.
But also as a former
mortgage officer and securities and Registered Investment
Adviser Representative, I have a 360 view that few advisers
can give in your situation.
Time to Toot Our Own Horn
Inherited or Self- Directed IRA or Investment Related National Media Mentions
Professional help available right now to
avoid needless taxation of your Inherited IRA
"I have helped save my clients countless millions of dollars from needless
taxation due to bad advisers and bad advice on inherited IRA
M.D. Anderson, AZCLDP, Accountant, Realtor
To date, since starting my Inherited IRA
consulting division way
back in 1998 --
I have helped save my clients countless millions of dollars from
needless taxation due to bad advisers and bad advice on
inherited IRA accounts.
Sadly, the bad advisers were many times formerly admired and
trusted by your deceased
parent or loved one. Your guard can easily be down if a large
account is left to you and you are given advice by some of these
folks who mean well -- but don't really have a clue just how
difficult it is to discern the proper steps to preserve IRA
money after death so it doesn't get instantly taxed. Or, taxed
on a much faster schedule due to mistakes, misdeeds, or advisory
malpractice that frankly,I see on almost every inherited IRA case I work on now.
I've had too many calls
from heirs already in Inherited IRA HELL!
TIP: Seek Counsel at the Outset
An inherited IRA article I was interviewed in, that published
in 2012 on
"Eight Pitfalls to Avoid With an Inherited
correctly quoted what you must understand at the onset --
"Seek Counsel at the Outset". No better advice could have
been spoken by reporter Sheyna Steiner. Especially if you are an
owner or beneficiary of a larger Inherited IRA account that you would like
to stretch the years out as far as possible before the bulk of
the money actually gets taxed.
Some of my past clients have penned that the "M.D." in
my name stands for "M.D. Hammer". I always maintain a professional
attitude but occasionally I have to "get tough" for a client's
behalf, while serving their best interests in the Inherited IRA
arena. One thing is for sure... I never back down when large
financial firms try to intimidate me.(I have never lost an
argument since they are always wrong and they eventually always
back down or yield)
Most likely, it is your FINANCIAL INVESTMENT ADVISER who has caused your
specific problem, and as noted previously, I do not normally communicate with them.
(Just those who supervise them)
YES, I HELP YOU FIRE YOUR PAST ADVISERS!
I can also
assist in discussing problem areas BEFORE death, so the big mistakes I am
normally hired on after a loved one dies, can be avoided and eliminated. As a
professional tax consultant and financial adviser, I can't say it any more plainly --FIX IT BEFORE IT BREAKS! This in turn, can
protect you as well as your current
advisers. I can intervene before death occurs and help them
malpractice. By employing my prevention consulting services before you die,
proper education and guidance will guarantee NO ONE ends up in our "Inherited
we talk about in this website.
(That is as long as you don't let another bad adviser mess it up again...)
If you are reading this after losing a loved one,
you have my profound sympathies.
I fully understand just
how devastating and overwhelming the estate settlement process
can be, especially when placed on top of the grieving process. If you are
also an inherited IRA beneficiary, I understand that "deer in the headlights"
feeling you may now have. So, I suggest you get some
professional help. I have over 39 years of combined tax,
investment, mortgage banking, legal and real estate experience in my professional
practice. I have clients nationwide as well ex-patriots in foreign
Frankly, my advisory to fix a problem you
now have, or to fix it before it becomes a problem will cost just a fraction --
as to what the true and total cost of a needless big tax or legal mistake could
cost you in the long run.
Especially if things go horribly wrong. Keep that in mind when you seriously
consider who your ally is going to be in the journey to keep
your newly inherited IRA funds away from immediate taxation from
No matter how scared you may be right now
while reading this website -- few clients of our firm end up in that "hell" we
talk about. A minimum retainer can help you find out what your current
status is. It's a steal, especially if my tax review reports you have options
for stretch IRA potential of inherited funds. But, you need to hire the right
person to get the right results.
The example below shows just how easy you
can be in "hell" if you don't know how to play the inherited IRA game:
A HELLISH EXAMPLE: If you are attempting a
self-directed IRA with
your inherited IRA money, did
anyone yet explain how a simple mistake not caught in the same year it
happened -- could cost you a 100% penalty
from the IRS? (The custodian legally is charged the penalty, but
every custodian is held harmless when you employ them, so the
wrong person/company/plan could take your entire IRA!)
Delaying discovering the mistake in this example could cost
100% of your self directed IRA! Now, that would be hell wouldn't it?
In closing, If you are looking for
intelligence and experience,
at a reasonable fee structure, hire the Inherited IRA rescue team!
Time May Be of The Essence To Fix Your Inherited IRA
Employ The Inherited IRA Team Services Right Now
Both inherited IRA consultants M.D. Anderson &
Saul S. Gefter will review your situation and assist in solutions.
(Also Square Credit Card Services Are Available Upon Request or Invoice
Note: Once starter retainer is paid, you should immediately email or fax
your basic facts and documents to FSI. Or request a free Dropbox
sharing account link. Call
1-800-782-2806 for more details and to obtain our firms dedicated fax
Thanks for coming
to this important Inherited IRA information site! Be sure you
register for more free
get exclusive access to the feature rich content you now seek.
And, please don't hesitate to contact me and let me know how I can help
you further. The initial call is free. Good Bye for now!
M.D. Anderson, President
Financial Strategies, Inc.
Just before you register for much more free inherited IRA
content and begin reading the
"content" portion, where all the important
information you seek can be found -- this handy Retirement Terms Dictionary is
provided. Use this link for any terms you may not fully
understand. (Just don't forget to hit your "back" button so
you can keep reading)
Have a ten million dollar IRA
We are the team you need to call.
(DON'T WORRY! We take consulting
clients with IRA accounts
as low as $50,000)
the flames of
Inherited IRA Hell are
being felt by what you have read so far, and you want to
talk to a "real" Inherited IRA expert and tax consultant right now,
(There is no charge for your initial call)
really need the top 10 rules you must follow to administer
an Inherited IRA type account, because without them, trouble may be right around
the corner. Or the 5 biggest mistakes people make with newly inherited IRA
accounts. You will find these and much more "inside" the site after
registration. All provided to you free and with no cost or further obligation.
And, no one will call if you register, unless you ask for a call back!
Please register and you will be granted
INSTANT ACCESS WITH NO GIMMICKS. ALL THE
IMPORTANT INHERITED IRA INFORMATION YOU NEED TO KNOW ABOUT --
AWAITS YOU AFTER REGISTRATION!
YOU ALSO MUST REGISTER TO
GAIN INSTANT ACCESS TO OUR FEATURE RICH INHERITED IRA
CONTENT, INCLUDING RMD CALCULATORS. AND, TO READ OUR REPORT ON THE POSSIBILITY OF GOVERNMENT TAKEOVERS
OF YOUR 401-K, IRA, OR INHERITED IRA ACCOUNTS.
Much more INHERITED
awaits inside. Register and you will be reading it in 5
what M.D. "really" thinks!
M.D. Anderson's Personal & Corporate Published Client Testimonials
on 9/30/08) "My first
interaction with Mike happened back in September 2005 approximately 1 month
after my mother passed away in Sun Lakes, Arizona. Mike had made my mothers
living trust some years prior to her death. I had copies of bits and pieces
of the trust my mother had sent me but had never seen the whole trust until
it was given to me by her new husband of 8 months only hours after her
death. Being unfamiliar with the trust as well as devastated by the sudden
passing of my mother I went through it briefly and hit what I felt were the
high points. It wasn’t until I arrived back in Spokane, Washington that I
sought out help ciphering through the whole trust with the help of a
reputable living trust attorney. His initial charge to complete it all would
be between $15,000- $25,000. It was a fairly substantial trust but I felt
that was a bit over the top. I then sat down and read it cover to cover and
stumbled upon a statement that said to contact Mike Anderson if any problems
were encountered reading the trust. So I figured I’d contact him before
proceeding forward of course figuring another big price tag to get help!
Boy was I
pleasantly surprised after speaking with Mike for just a few minutes and
finding out he could take care of everything for somewhere around
$1000-$1500 depending on what changes my mother had done to it. I sent the
trust to Mike. From that point on I never had any worries. Mike kept in
constant contact with me always keeping me informed of what needed to be
done and when and then he took care of it. My mother (bless her heart) had
made quite numerous changes some on her own and some with assistance from
her new husband of 8 months. Most changes were done by pencil scratch out
and re-written in new information. Mike was able to cipher through all the
legal and questionable changes that had taken place and handled everything
there in Arizona.
I felt so
comfortable with Mike’s guidance and knowledge I had him go ahead and make
living trust’s for both me and my wife. I have been in contact with Mike
over the last 3 years asking guidance when I make additions and changes to
my trust and he is always very expedient and professional in getting back to
me. I cannot thank Mike enough for all the monetary value he saved but more
for all the mental grief he saved me. Thanks Mike!"
Max & Ellen
on 6/27/08) "I have known Michael Anderson for some time as both a colleague and
as an associate of our 105 year-old Brazilian international law firm, located in
Rio de Janeiro. Mike and his Arizona firm, Financial Strategies, Inc. has been
contracted to do strategic financial, tax, trust and estate planning and
development on behalf of an important and long-standing client, a member of one
of Brazil’s most famous families with assets in Brazil and abroad .
I can personally attest to his business acumen, sharpness of
mind, outstanding professional abilities and most importantly, his honesty,
integrity and professionalism in accomplishing the most difficult and complex
tasks put to him. Mike’s personal interest in the well-being and concern
for the client’s interests entrusted to him is remarkable and noteworthy. His
Estate Planning & Trust Portfolio has become a model for others attempting to
match his efforts in producing such an important and meaningful document to both
clients, their heirs and family members.
Our office has constantly dealt with professionals in all
sectors world-wide over the years and I can attest to that fact that
Mike is head and shoulders above them all.
We look forward to a continued and fruitful relationship with Michael Anderson
and his firm for years to come."
Saul S. Gefter, Esq.
U.S. Consul (ret.)
Member, D.C. Bar Assn.
Petrópolis, RJ Brazil
on 6/14/08):"It was my mother,
Berniece Robb, who first introduced me to Michael Anderson. Mother's
tax accountant extraordinaire for a period of time, she became aware of Mike's
family trust preparation capabilities. Contacting referrals, she received
splendid encouragement from individuals who had engaged Mr. Anderson in
preparing their trusts. Mother placed her confidence in Mike and asked him
to proceed with her estate. Soon after, as I was a widow with three
children, Mother encouraged me to do the same. That was winter of 1992.
Mother died in April of 1996. As difficult as the loss was
emotionally, Mike stepped up to the plate (Mike was only a phone
call away), just as he informed us he would and as the trust would.
As successor to Mother's estate, I had immediate access to her accounts,
including the ability to write checks for her funeral expenses. There was
no probate, no waiting, no need for approval from brokerage houses and financial
institutions, and no added expenses. Everything was in order and fell
mercifully in place, thanks to Mike's foresight in trust preparation.
While periodic updates may be necessary due to changes in the law (I have had
one), I can say with confidence that I have peace of mind Mike will inform
me of such changes and my children will experience the same ease when it comes
time to settling my estate at my death. My children will know my final
wishes. Short of that, the individuals I have chosen will have the trust
tools (Powers of Attorney), to deal with all health and financial issues should
I be incapable of doing so. In all sincerity, Thank you Mike
Anderson for offering me "Shaffer Family Trust" peace of mind.
on 5/8/08): "Mike
Anderson has been handling our taxes for our small business for about 20 years.
He never keeps us waiting for answers when we have questions about anything from
taxes to finances to real estate. He is very knowledgeable and we know
that we can trust his advice.
He recently did our trust for our family and it was wonderful!
He seems to make it come alive by the way he represents the family in personal
ways by adding pictures of us and even our pets. Mike makes our life run
more smoothly and he does it at a very affordable price." Frankie and Dennis Malicowski
Disclaimer: The information
contained on this inherited IRA information site, though deemed reliable and accurate,
is solely the opinion and statements of the adviser
profiled. Therefore, it should be considered "general" in
nature and no action should be taken based on this
information until such time your specific situation and
circumstances can be reviewed and analyzed by competent and
qualified tax, insurance, legal, and/or other financial
advisers. This information is not intended, nor should be
construed as legal advice. FSI can not and will not give you
legal advice. If you need legal advice, we can refer you if
you desire and request it. Founded in 1990, FSI is a long-term Financial
Advisory and Arizona domiciled Corporation now providing
services nationwide and in some foreign countries. Services
profiled herein are available unrestricted to Arizona residents.
Residents outside of Arizona are eligible for certain
consulting services and to legal (lawyer) referrals by our firm when
requested of us. For Arizona residents, communication with an Arizona Certified Legal Document
Preparer (AZCLDP) are private and confidential but are not
"privileged", such as they would be with an actual Lawyer.
Besides being a licensed
Arizona Certified Legal Document Preparer, Mr. Anderson serves as an associate
of an international law firm. He also is an Arizona
Professional Accountant/Consultant and licensed IRS registered tax
preparer and ERO (Electronic Return Originator) agent/firm.
He also is an Arizona licensed Professional
(Realtor®)/consultant) with Realty One Group and a licensed Professional insurance agent and corporation for life, health or
annuity sales. Lastly, he and his firm is an appointed
representative for Royal Metals Group as a Professional
Precious Metals consultant and sales adviser.
Inherited IRA accounts have many options you may not be
aware of, including alternative "hard asset" type
investments. Let M.D. show you the the options your current
banker, broker or insurance agent may still be hiding from