Q: My mother named her financial adviser and his children as beneficiaries in her will. Is it legal for her attorney to allow this?
A: It is legal, but it raises red flags. In the United States, you can do whatever you want with your money: give it to...
When you open up a 401(k) or IRA account, you will be asked to designate the beneficiaries of your account. The beneficiaries you choose will receive the assets in the account upon your death. Many people choose their spouses or children as the beneficiaries of their 401(k) or IRA accounts. Most of...
The COVID-19 pandemic has many people finally taking action to fill out advance health care directives, wills and powers of attorney. Here are some tips to help you along the way.
By Sam Nuxoll,
It has arrived: the unexpected, potentially life-threatening circumstance you had in mind when...
By: Caring.Com, Contributor
Let’s face it—end-of-life planning isn’t fun. The topic can seem morose, depressing -- maybe even a little scary. But it’s also a critical aspect of managing your assets and protecting your family, which is why it’s surprising that nearly 6 out of...
By Hilary Shenfeld
"It is unconscionable that educators and parents are being asked to plan for end-of-life decisions because our country has no plan for reopening schools and institutions of higher education safely," says NEA president Lily Eskelsen García.
Many school districts have announced they won't hold...
Many people devote more time to planning a vacation than they do planning their estate. Without estate planning you are only making things harder for those that you love.
https://www.youtube.com/watch?v=Zg4BPVN9OZgIt seems like many people devote more time to planning a vacation, what car to buy or even where to eat dinner than they do deciding who will inherit their assets after they're gone. Sure, estate planning isn’t as...
By Brad Wiewel
This article is reprinted by permission from NextAvenue.org. It is part of The Coronavirus Outbreak: What You Need To Know Special Report.
The pandemic proves you need a will, but the process has changed.
Until now, you may have...
“What do you want your legacy to your community and your children to be after you’re gone?”
By Carrie Friedman, Guest Writer
The last time I saw my father in person, which may be the last time I ever sit across from him, I spoon-fed him...
Did you know that the month of June is the most popular month to wed? We wish our “Congratulations” to all the new bride and grooms who may have tied the knot recently! While many couple may be registered for china sets, one present that is truly indispensable is estate planning. A...
