Taxing life insurance benefits is dependent on several factors. You have people who depend on your income. Perhaps this is your spouse only. Maybe you
You cannot neglect your finances in retirement. You have recently entered retirement. You are enjoying some time to yourself with fewer responsibilities. Even so, there
Your life insurance policy could help you through financial hardship. The economy has been hit hard by the COVID-19 pandemic. Many people have lost their
The probate process requires the executor (also known as the “personal representative”) to take specific steps. The loss of a loved one is difficult. In
Your ex-spouse could inherit your estate without proper planning. You are divorced. This means you have an ex-spouse. Divorce proceedings and laws governing divorce can
Life insurance will be a useful estate planning tool. You want to leave an inheritance to your loved ones. To do so, you have created
Trust-owned life insurance is designed to hold your policy. Estate planning and life insurance often have similar goals. They help individuals provide for and protect
Spendthrift trusts can protect your children from themselves. You are setting up your estate plan. As you consider your goals, you want to be wise
Discussing estate planning with your parents cannot wait. Your parents have assets. They own a home. They have a retirement account. They have life insurance.
Beneficiary designations must be “aligned” properly for an effective estate plan. Estate planning seems simple. You get a last will and testament. You sign it.
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