Do You Have a Will?
According to a recent Gallup poll, a little over half (54%) of adults in America don’t have a will.
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According to a recent Gallup poll, a little over half (54%) of adults in America don’t have a will.
Due to recent tax law changes, your family may be able to avoid adverse federal estate tax consequences when you leave assets to your adult children.
As soon as you are an adult, you should have an estate plan in place.
Handled incorrectly, these popular assets could go poof. You need a password-sharing plan, a plan for naming beneficiaries and possibly a trust.
In this article, we will address two terms which some people use interchangeably, but which are very different things: living trusts and estate plans.
Since we’re all going to die (yes, even those of us who are still in our 20s!), we might as well make things easier for the loved ones who, along with grieving our loss, will have to deal with the financial and logistical pieces of our lives.
When you set up your estate plan it is important to coordinate the legal planning documents that you or you and your attorney create with the document provided by your retirement account custodian and/or your life insurance carrier called a ‘Designation of Beneficiary.’
Completing an estate inventory can be one of the most challenging aspects of being the executor of an estate.
Some people draft wills or trusts to ensure that the loved ones they will eventually leave behind own a piece of the properties the former will be leaving behind in case of their death.
