How do you know if your investments go through probate? When a person dies, what is left behind is an estate. Contrary to popular belief, this includes everyone, not just the rich. Whether a deceased person had significant wealth or was of more modest means, they are likely to leave behind assets and liabilities that […]
Estate planning is much more than setting up a trust. The broadest description of estate planning is the process of preparing to dispose of your assets when you pass away. At least, that’s the textbook definition. Understandably, that gives many people the impression that estate planning is for the rich or those taking required minimum […]
IRA beneficiary designations specify who should receive your retirement account funds if you are to pass away. But there’s much more to it than that. Despite the importance of naming beneficiaries, it is often at the bottom of the to-do list. When a Traditional or Roth IRA is opened, it is often the result of a rollover […]
