What to Do When a Spouse Dies
Unfortunately, during the grieving process surviving spouses also need to navigate the complex financial issues that arise after the death of their partner.
READ MOREDo Heirs Have to Pay Debts from an Estate?
First, debts in a person’s estate are payable from the decedent’s assets in the course of administering their probate estate or administering their living trust estate.
READ MOREWhy Everyone Needs a Will and an Estate Plan
Estate planning is the process of anticipating and arranging for the management and disposal of a person's estate during the person's life in preparation for a person's future incapacity or death.
READ MORESingles Need Estate Planning to Protect During Lifetime
You’re single, and you don’t have an estate plan or even a will. Perhaps you think you don’t need either because you’re not wealthy and don’t have children.
READ MOREShould You have a Pet Trust Created?
Specialized pet trust law has developed because of the huge popularity of pets in this country, and the strong desire of pet owners to provide for their pets, even after the owner's death.
READ MOREEstate Planning for Blended Families
There are many different configurations of blended families. However, they are generally made up of married couples who have children from previous marriages or relationships.
READ MOREShould You Convert to a Roth IRA?
If you have a Roth IRA, you may be planning to use it as part of your retirement income.
READ MOREUse Estate Planning to Prepare for Cognitive Decline
Data from sources like the U.S. Census Bureau shows in no uncertain terms that the U.S. population has grown older over the prior two decades.
READ MOREHow to Pre-pay for a Funeral
There are two primary ways to pre-pay for a funeral: via either pre-need funeral insurance policies purchased through a funeral home, or by setting up a funeral trust with a bank or financial institution. Each method works a bit differently.
READ MOREProtecting Assets with a Trust vs. Limited Liability Company
To protect assets effectively, you have to store them in the right legal entity. However, that can depend on whether you’re looking to protect business assets, avoid estate taxes, or protect personal assets from legal liability while running a business.
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