Death, while inevitable, is not often predictable. This can leave many people financially unprepared if their spouse suddenly dies–especially if the deceased was the one that took care of the household balance sheet.
Many people don’t realize the extent of their electronic and digital lives and the potential problems they’re leaving for others to deal with.
Federal estate taxes are no longer a problem for all but the extremely wealthy. However, several states have their own estate taxes and inheritance taxes that could still hit your heirs.
For married same-sex couples, a marriage license may soon no longer be enough to protect their union.
A critical item is often missing from back-to-school college checklists — and it could be far more valuable than anything else your student takes to school this fall: signed legal documents.
As government programs do not cover all expenditures related to these categories, ABLE accounts can be used to pay for shortfalls.
Avoidance of estate taxes is one consideration in estate planning.
Regardless of the preferred record-keeping mode, most people have some sort of digital footprint, making it important to know who would have access to your digital assets if you became incapacitated and how those assets would be distributed in the event you pass away.
Is there a difference between a “living will” and a “do not resuscitate” order?
When it comes to a power of attorney document, you don’t seem to need it – until you suddenly, desperately do.
