Why You Need a Secondary Beneficiary
A secondary beneficiary, sometimes called a contingent beneficiary, is a person or entity entitled to receive assets…
How Do I Reduce Size of My Taxable Estate?
The current lifetime estate and gift tax exemption is set to be cut by half after 2025,…
Can I Protect My Family after Death?
Estate planning involves a close look at personal and financial goals while you are living and after…
What Happens When Property Is Owned Jointly and an Owner Dies?
When property is owned jointly, the property may pass automatically to the other owner, passing without going…
Some Expenses are Paid by Estate and Some by Beneficiary
Settling an estate can be complex and time-consuming—it all depends on how much “estate planning” was done….
These Celebrities Didn’t have Wills…But You Should
Rapper Coolio died at age 59 after being found unresponsive on the floor at a friend’s house….
How Does Guardianship Work?
For family members of the estimated 6.5 million dementia patients in the U.S., it is crucial to…
How to Use Qualified Charitable Distributions in Estate Planning
Assets held in Individual Retirement Accounts (IRAs) are unquestionably the best assets to gift to charity, since…
Beneficiary Mistakes to Avoid
Planning for one’s eventual death can be a somber task. However, consider what would occur if you…
How Does a Trust Work?
You’ve worked hard to accumulate financial assets. You’ll need them to support your retirement. However, what if…