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Piershale Financial Group
Mike Piershale, ChFC, is president of Piershale Financial Group, a wealth management firm in Barrington, Illinois. With more than 30 years of experience, Mike has extensive knowledge in key areas of financial planning and works with clients on retirement and estate planning, portfolio management and insurance needs. In addition, his widespread knowledge on tax planning allows him to highlight opportunities for maximizing tax reduction strategies.
No one likes to pay taxes unnecessarily, but that's what a lot of people who inherit IRAs end up doing. Failing to track down the IRA basis associated with an inheritance can be a costly mistake.
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