What Is a ‘Lady Bird Deed’?
What Is a 'Lady Bird Deed'? I heard about something called a “Lady Bird deed” that could be useful if I need to apply for Medicaid. What exactly is it and why is it named that? A "Lady Bird deed"…
What are My Taxes on a House I Inherited?
When a house is sold, the seller is responsible for paying tax on the profit in the year of the sale.
Should I Sell My Life Insurance Policy?
When a life insurance policy is no longer wanted or needed, many policy owners either abandon their policy by not paying the required premium or surrender it back to the carrier. In either situation, the insurance carrier wins, and the policy owner is stuck holding the empty bag.
What Is Status of Larry King’s Handwritten Will?
Larry King's handwritten will was recently obtained by outlets. It reportedly left out his estranged wife.
How Do I Cancel a Loved One’s Credit Cards and Manage Their Points, After They Die?
How exactly do you deal with credit cards and rewards points when someone dies?
What’s the Difference between Per Stirpes vs. Per Capita in Estate Planning?
Here’s a closer look at what per stirpes vs. per capita means.
How Does the Generation-Skipping Transfer Tax Work in Estate Planning?
Estate planning can help you pass on assets to your heirs, while potentially minimizing taxes. When gifting assets, it’s important to consider when and how the generation-skipping tax transfer (GSTT) may apply.
Did the Pandemic Put a Premium on Estate Planning?
More Americans turned their attention to life insurance, wills and trusts last year, as the coronavirus pandemic made the reality of death unavoidable.
Did Larry King have an Estate Plan?
Retirement can be a bigger drag on the assets than all the professional and romantic mistakes put together.
Are Retirement Accounts Divided in a Divorce?
Gray divorce issues include weaving through the complications of splitting pensions, 401(k)s and more before the process is complete.