Insights & Financial News | Oak Road Journal

Insights

What Do Most People Do With Their 401(k) When They Retire?

Most retirees make the wrong move with their 401(k) — and it costs them. Learn the 4 options, the real pros and cons, and what Oak Road Wealth Management recommends for a smarter retirement.

What Is the Biggest Mistake with Wills?

Many wills have a flaw that costs families thousands — or worse, hands custody of your kids to a judge. Find out if yours is one of them.

Why Does Everyone Want to Avoid Probate?

Probate can consume 3–7% of your estate and drag on for over 12 months — all in public record. Learn how to avoid probate and keep more in your family's hands.

What Assets Should Not Be in a Will?

A missing beneficiary on your 401(k) can cause serious problems. Find out what assets should not be in a will before it's too late to fix it.

What Is the Major Disadvantage of a Trust?

Everyone assumes a trust is the smart move. Sometimes it's overkill. Discover the major disadvantage of a trust — and what actually works better.

A gavel, scales of justice, and legal document on a desk — illustrating the main purpose of having a trust in estate planning.

What Is the Main Purpose of Having a Trust?

Trusts aren't just for the wealthy. The main purpose of having a trust is simpler than you think — and it could save your family months of legal headaches.

What Shouldn’t You Put in a Trust?

Your trust won't protect everything—and putting the wrong assets in could trigger a massive tax bill. Find out what to keep out, including IRAs and retirement accounts.

A well-lit suburban home at dusk representing estate planning and transferring a house to your children.

What Is the Best Way to Leave Your House to Your Children?

Your home. Your biggest asset. Don't let the wrong plan cost your kids thousands. Here's exactly how to transfer it the right way.

A calculator and notebook with "401k" written in red ink — illustrating the question of at what age a 401(k) withdrawal is tax-free and how retirement income planning works.

At What Age Is a 401(k) Withdrawal Tax-Free?

Your 401(k) withdrawal is never tax-free — but age does matter. Learn exactly when the 10% penalty disappears and how to keep more of your money in retirement.