Even as we age, and are looking towards end of life decisions, financial matters remain important. Deciding on the best investment accounts not only helps your own peace of mind, but can also ease any burden placed on your loved ones in the event of your passing. One...
If you have a have a trust, do you also need a will? Even if you transfer the majority of your property through a living trust or other estate planning tool, you should also have a will. Without a will, any property that isn’t passed along to beneficiaries by those...
At some point, you have more than likely heard the terms will and trust, especially if you are looking at doing some estate planning. Often, they seemed to be used interchangeably. However, they do not refer to the same thing at all. Here are some key points to help...
Being named an executor is a significant responsibility. It can also be quite time consuming, depending on the size and complexity of the estate. Most estates can be settled within a year, but there are definitely exceptions to this. Before closing an estate, the...
An estate final accounting is the last step in the process of closing an estate and distributing the assets. The process and forms required differ from state to state so it is important to check on the particulars required for your state. The estate’s final...
Individuals have the ability to designate beneficiaries directly on assets such as investments, annuities, insurance products, and registered plans. By choosing to handle assets in this manner, the proceeds of the assets go directly to the beneficiary (or...
Losing a loved one, whether expected or unexpected, is a difficult time. Unfortunately, actions need to be taken and responsibilities looked after, whether you are the executor of the estate, family or a close friend asked to assist at this time. To help you during...
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