Estate planning is an integral component of financial planning, but according to LegalZoom, 60% of adults in the U.S. have not made any effort to start a will. Dying without an enforceable estate plan leaves your assets to the state government for distribution....
Estate planning is an integral part of financial planning for future generations. Having a will, trust, or neither will significantly affect how your loved ones handle your estate and how the government must intervene. Whether to have a will, trust, or both depends on...
Life insurance is unusual — it is the only type of insurance not solely based on risk but on the inevitable death of an individual. This uniqueness, however, is exactly what makes choosing the right policy more important. Life insurance aims to protect dependents and...
Financial trusts can help you plan for your future and provide for the ones you love. However, when you plan to invest in a trust, there will be many options to choose from. However, trusts typically come in two basic structures: revocable and irrevocable. Here we...
A trust is an arrangement that allows a third party, or trustee, to hold assets on behalf of a beneficiary or beneficiaries. It can include anything, ranging from your real estate and life insurance settlement to cash and investments. Trusts offer a way to leave a...
