What are Mistakes to Avoid with Beneficiary Designations?
“Here are five critical mistakes to avoid when dealing with your beneficiary designations.”
What Do Higher Interest Rates Mean for Pensions?
“Higher rates mean a lower lump sum. You are discounting [the value] of a stream of future payments.”
What Is a TOD Beneficiary?
“A person named as a transfer on death (TOD) beneficiary for an account will receive the assets held in it when the account owner dies.”
Do I Need an Estate Plan If I’m 25?
“As soon as you are an adult, you should have an estate plan in place.”
Can My Ex Get Some of My Estate?
“Resist the urge to use your will for vengeance.”
What Shouldn’t Be Put in a Will?
“While the number of older Americans with wills has been dropping in recent years, that doesn’t mean you should forego this legal document.”
How to Avoid Giving Estate to Your Ex
“State laws generally make it so that once a married couple is divorced, ex-spouses lose all property rights.”
Can You Keep Your Children from Inheriting Your Money?
“I’ve decided I no longer want to leave my estate to my children. They are ungrateful brats. How can I set things up to give my money to charity when I die?”
Will Moving to a New State Impact My Estate Planning?
“However, if you are retired and no longer generating employment income, you should make sure you weigh the financial implications of any potential move.”
What’s the First Step in Estate Planning?
“For young professionals finding their way in the world and just beginning the journey of building wealth, death can seem like a far-off abstraction. However, the cold reality is that no one ever knows what’s around the corner — health problems and freak accidents can happen at virtually any time.”
