IRA Reboot

  • 2022 0302 - Reif Law Firm - 12 Million Awarded to Two California Senior Citizen Victims Of Insurance Sales Scam - [link]
    •  - LC - Gloria S. Rodillas v. CMAM, Inc. dba Heritage Financial Services, et al, Los Angeles Superior Court, Case No. 19STCV21497
    • - LC - Emma A. McKinnon v. CMAM, Inc. dba Heritage Financial Services, et al., Los Angeles Superior Court, Case No. 19STCV21598.
    • The disputes involved an insurance program, known as the IRA Reboot, which targeted vulnerable senior citizens visited by insurance agents in their homes.
    • During these visits, the agents recommended the elderly clients to liquidate their assets, including retirement accounts, cash-on-hand, other insurance products, and securities, to invest in Future Income Payments, Inc. (FIP) and Minnesota Life Insurance Company (MLIC) life insurance policies.
  • 2021 - LC - Dolores Stegelin, Wayne Gugel, and Anne H. Rack, Plaintiffs, v. Pacific Life Insurance Company, Defendant. - Civil Action 3:21-cv-01444-BHH
  • 2020 -  The Bombshell Battleplan: How to Defend Against the IRS' Secret Weapon, by David Phillips and Tom Phillips - 46p
    • p11 - Ed Slott – CPA, National IRA Expert - “Your retirement account beneficiary form is the single most important document in your estate plan because it guarantees that the individuals you name as beneficiaries of what may be the single largest asset you own – your retirement savings – will indeed get that asset when you are gone."
    • p26 - The IRA Reboot
      • Family Bank Strategy
      • RMD Leverage Strategy
      • p30 - The RMD Leverage Strategy and The IRA Reboot have been a focus of my firm, Estate Planning Specialists for over 30 years.