How Does an ABLE Account Work for a Special Needs Child?
If you have a child or grandchild with disabilities, one of your biggest worries is what will happen when you are no longer around to provide aid.
Who Inherits TV Broadcaster Barbara Walters’ Estate?
Walters’s estate will be inherited by her family.
What Is a Tax Reimbursement Clause?
Tax reimbursement clauses are a common clause in many trusts. Why are they used? Why are they important for you to understand?
When Should I Change My Will?
If I have a current will that is about seven to 10 years old, do I have to write up a new will or can I edit the current will?
Steps to Take for End-of-Life Planning
It isn’t just about wills and funerals—it is a reflection of your values, your goals for healthy aging, and the hopes and dreams you have for those you love.
Estate or Beneficiary: Who Pays Expenses?
If you’re set to inherit, you may be wondering what estate expenses are paid by the beneficiary. The answer can depend on what assets are passed on to you when a family member or loved one passes away.
What Happens to Jointly Owned Property When an Owner Dies?
Various types of property, such as bank accounts and real estate, can be owned jointly with another person(s).
When Is Life Insurance Taxable to Beneficiaries?
When beneficiaries receive a payout from a life insurance policy, they typically don’t have to pay taxes. However, there are a few situations where a portion of the life insurance benefit is taxable to the beneficiary.
What Do I Need to Know If I’m Getting an Inheritance?
Heirs receiving an inheritance can expect the process to take time. Having a plan for the money and consulting with professionals are also things to keep in mind.
When Can Gifts or Donations Be Made for You?
Many older adults enjoy giving money during their lifetime to family members or donations to a religious or charitable organizations.