When it comes to owning property in two different states, you may wonder how to manage these in your estate plans.
It’s an important task that is easy to procrastinate. However, here is why you shouldn’t:
If you have a parent over the age of, say, 65, thoughts about their future may have started to creep into your mind. But because end-of-life planning can be emotional and overwhelming, it’s tempting to put these conversations off — and even more pleasing to avoid them altogether. If there’s a lesson to be learned from the pandemic, however, it’s that waiting until the last minute to prepare is seldom a good idea.
Who’s going to inherit on the death of one of the re-marrieds? Will this be the surviving spouse? If so, where will those inherited monies go on the second-to-die’s death?
Leaving behind a huge tax bill for your heirs with the stretch IRA scuttled? Here are some ways around it as lawmakers consider an updated SECURE Act.
There are two main kinds of trusts: revocable and irrevocable.
You have many options to make sure your wishes are followed after you die.
Without a will, decisions made about your property and assets will be handed over to local courts, which can make an already challenging time even harder for your loved ones.
Seeking a guardianship for a loved one is a decision that shouldn’t be taken lightly. Here’s how the process works.
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