Seeking a guardianship for a loved one is a decision that shouldn’t be taken lightly. Here’s how the process works.
Author: Rodney Hatley
It’s generally recommended that you review your will and other end-of-life documents at least every few years, although there can be reasons to do a checkup more often.
Administration of a decedent’s estate may involve investment accounts (with stocks and bonds) held in the decedent’s name or trust.
A revocable living trust is a great tool to help your assets pass smoothly to your beneficiaries and it can significantly reduce the headaches of probate.
From digital assets to financial accounts to sentimental items, here’s what to think about to make sure your loved ones have access to everything they need when you pass away.
Executors can use additional information in administering estates, especially if the executor is unrelated to the decedent.
For most people, entering the realm of estate planning can feel a bit like traveling as a tourist into another culture. Because the language itself is unfamiliar, asking a question can result in an answer that is equally confusing.
We are approaching the biggest wealth transfer ever, as Baby Boomers prepare to hand off their life savings to their heirs. However, will their heirs actually get the full amount of the wealth intended for them…or will a large amount be lost to unnecessary taxes?
However, if you are retired and no longer generating employment income, you should make sure you weigh the financial implications of any potential move.
With apologies to poet Robert Burns, the best-laid estate plans of women and men sometimes go awry.