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You may find experts are necessary to make informed and legal decisions. When you start searching the Internet for advice, you can almost always get it. However, sometimes it can be a challenge, according to the Mercury News, in “Money Manners.” A couple wrote in to ask a columnists’ advice about something their attorney suggested they […]
The passing of the last grandson of John D. Rockefeller reveals a behind-the-scenes battle over legacy. Not every descendant of John D. Rockefeller is in agreement about the family’s legacy, according to Private Wealth in “Fighting Over A Dynasty’s Soul.” Rockefeller founded Standard Oil, which survives today under the name ExxonMobil. However, the Rockefellers are […]
If you inherit an IRA, you need to carefully consider your options and tax consequences. Americans hold a staggering amount of wealth in individual retirement accounts. It is far more wealth than the current account holders could ever possibly spend in their own lifetimes. That means that many people who have IRAs will eventually pass […]
One of the single most important estate planning choices that you will make is to select your executor. It is only a very small exaggeration to state that the executor of an estate is the person who is in charge of everything. He or she can either determine whether an estate administration will go smoothly or […]
Before sending your recent high school graduate off to college, there are a few things that you need to make sure that they have beyond spending money and a new wardrobe. Your child might have graduated as the valedictorian of his or her high school class and might be going off to a well-regarded university […]
If you can’t take care of your finances yourself, who can? What if something were to suddenly happen to you? It would be wise to take into consideration just how difficult it would be for someone else to take care of all your bills, according to WMUR 9 ABC in “Money Matters: Why you need […]
People will often talk all around the subject. However, sooner or later they ask the question about the need for an estate plan. It does seem that sooner or later everyone asks the same question, “Do I need to have an estate plan?” The answer is always the same, “Yes,” according to the Casper Star Tribune […]
If your pet is treated as a member of the family, you may consider cremation and keeping the ashes at home. Not everyone sees pets as members of the family. However, there is a trend for pets to be treated in death the way they were treated in life. This has resulted in a growing trend […]
Florida community addresses problem of high cost of funerals and burial of indigents. Funerals and burials are not a minor expense and a Florida county had such a significant problem of disposing of the bodies that they have acquired a cemetery, according the Tallahassee Democrat in “A priceless burden: Indigent burials at Leon County’s ‘pauper’s […]
Creditors often have to file a claim in order to collect a debt. Creditors who learn a debtor has passed away need to file a claim against the estate, which may include a trust, according to the NWI Times in “Filing claims against a trust.” Depending on the state, filing a claim against a trust […]
