Not a Billionaire? Trusts Can Still Be Beneficial
Even if your asset base doesn’t measure up to the Bill Gates standard, you may consider using trusts in estate planning. This is because they can help your heirs in many different ways.
Include Fido or Fluffy in Estate Planning
The best way to take precautions and ensure your pet will be well cared for, is by doing some estate planning.
What’s the Best Thing to Do with an Inherited Investment?
Receiving an inheritance can be a double-edged sword. On the one hand, it's overwhelming, thanks to the intense emotions associated with losing a loved one combined with the confusion about what to do with the newly acquired assets. On the other, an inheritance can re-invigorate your finances and create new opportunities for you and your family.
Do I Need Long-Term Care and Why?
Long-term care, often called custodial care, is a range of services and support to meet health or personal care needs over an extended period of time. This is non-medical care provided by non-licensed caregivers.
What Does a Successor Trustee Do?
I am named successor trustee in my parents’ trust. When the time comes, how do I sell the home and the other assets?
George Michael’s Charity Continues
George Michael's late younger sister Melanie Panayiotou's share of the massive fortune she inherited from her legendary brother will be donated to charity, keeping in tune with the singer's generosity during his lifetime.
Elder Financial Abuse Is Increasing
Financial Advisor Magazine reported that senior citizens lose at least hundreds of millions of dollars each year to fraud and various scams.
Retirement Accounts Targeted by Cybercriminals
Unlike with stolen credit cards, a saver's losses to fraud in retirement investment accounts aren't limited by federal law, although mutual fund companies typically say they'll reimburse funds lost to fraudulent activity.
Five Estate Planning Mistakes to Avoid
Five of the most common mistakes are easy to avoid with the right information and support, as well as a little creativity.
Business Owners Should Start End-Game Planning Now
Running and owning a business is just like raising a child: Both are investments in the future and both require a lot of time, resources and effort to raise successfully.