Estate Planning for the Digital Era As owning digital property becomes the norm, estate plans need to employ new strategies. FIDELITY VIEWPOINTS – 07/22/2020 Key takeaways Many people own digital assets: everything from domain names and electronically stored photos and…
Trusts, Wills, and Estate Planning: Facts You Should Know BY CARRON ARMSTRONG Updated May 10, 2020 Estate planning conjures images of conniving lawyers and bankers discussing million-dollar trusts for many people, and considering which conditions to place on a bequest…
Why You Might Want to Avoid Probate and How to Do It BY JULIE GARBER REVIEWED BY EBONY J. HOWARD Updated January 20, 2021 Why You Might Want to Avoid Probate and How to Do It. You've probably heard that…
An Unfunded Trust is a Useless Trust. An Unfunded Trust is a Useless Trust. For many, a Revocable Living Trust is created as part of an estate plan to determine who will inherit assets and property, rather than relying on…
How to Talk to Your Parents About Estate Planning It’s a hard conversation to have but a necessary one BY TERRI WILLIAMS Updated March 25, 2021 Discussing estate planning with your parents is a conversation that can be difficult to…
What Is Elder Law? BY JULIE GARBER Updated September 17, 2020 What Is Elder Law? Elder law is a field of law dealing with the unique legal issues that affect older adults. Understand how elder law works through an example,…
Settling an Estate: Knowing What to Do and When to Do It When a parent or other loved one dies, you might be facing the responsibility of handling their affairs. Things to take care of range from personal tasks such…
Own a Gun? Careful: You Might Need a Gun Trust Make a mistake when inheriting an IRA and you might face tax consequences. Make a mistake when inheriting a gun collection, and there's a chance you could face felony charges.…
About Asset Protection Plans BY JULIE GARBER REVIEWED BY EBONY J. HOWARD Updated March 18, 2021 With the economy slowly plugging along and credit remaining tight, asset protection is still a hot topic. So what is asset protection, and how can…
What Happens If You Die Without a Last Will and Testament? BY JULIE GARBER REVIEWED BY EBONY J. HOWARD Updated February 14, 2021 What Happens If You Die Without a Last Will and Testament? It is never too early to…