Estate Planning Questions for Couples with a Big Age Gap
For couples with an age difference of 10 years or more, assets need to last significantly longer to cover both of their retirements, making the risks of missteps higher.
Who Gets Access to Your Digital Assets Account When You Die?
From engaging with people professionally and personally, to posting photos, storing files and accessing our bank account information, this all represents what’s known as our ‘digital legacy.’
Another Lesson in Updating Beneficiary Designations
Although the beneficiary designation in a 401(k) plan was old, and tied to a previous relationship, a federal court concluded that it was nonetheless valid.
IRS Postpones Required Withdrawals from Inherited Retirement Accounts
Withdrawals from traditional inherited retirement accounts are treated as income by the IRS, so the timing of these distributions matters for tax strategy.
Business Owners and Estate Planning: Special Concerns
For most business owners, the business is the most valuable item on their balance sheet.
What Questions to Ask before a Mid-Life Marriage?
Getting married in middle age or beyond, is not only a significant personal milestone, it’s also one of the biggest financial decisions of your life.
What Is the Primary Purpose of a Revocable Trust?
Revocable trusts are much more common than irrevocable trusts because they provide many important estate planning benefits.
What are the Disadvantages of Dying without a Will?
People who die without a will can leave a thicket of probate problems for loved ones.
Inheritance Trends: How They May Affect Today’s and Tomorrow’s Estate Planning
We look at the latest research findings offering valuable insights into the inheritance trends impacting today’s and tomorrow’s estate planning strategies.
Have You had the Estate Planning Talk with Your Adult Children?
Estate planning can be a sensitive topic for families to talk about. Here’s how to get past the awkwardness and discuss estate planning with your family.
