Looking to buy your first home? If so, youâre probably familiar with mortgage insurance and traditional home insurance. Just like car insurance or life insurance, traditional home insurance protects you from the what ifâs: unexpected home expenses due to fire, flood, natural disaster, and more. But as a homebuyer, traditional insurance isnât the only type
The post What Is Title Insurance & Do I Need It? appeared first on MintLife Blog.
Learn how to set up a trust and make smart money decisions with this step-by-step guide for Gen Zers. Understand the tax implications, cost, and responsibilities of being a trustee.Learn how to set up a trust and make smart money decisions with this step-by-step guide for Gen Zers. Understand the tax implications, cost, and responsibilities of being a trustee.
The post How to Set Up a Trust: A Step-by-Step Guide appeared first on Money Under 30.
Creating an estate plan, writing down your last will and testaments, and identifying a healthcare proxy donât seem like a fun way to spend a weekend. However, organizing your end of life paperwork and making sure you have a plan for your finances are some of the most important tasks you can complete as an […]
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Some financial products like life insurance or tax-advantaged retirement accounts require you to name one or more beneficiaries. However, thatâs not the case with many assets. For instance, you can buy a house or set up a savings account without ⦠Continue reading â
The post Differences of Beneficiary Designations vs. Wills appeared first on SmartAsset Blog.
Estate planning is crucial to leaving your beneficiaries with your possessions as you intend. However, life insurance beneficiaries can conflict with the terms in your will if you arenât thorough. Your life insurance beneficiary designation usually supersedes your will. So ⦠Continue reading â
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The last thing anyone wants to think about after a loved one passes away is probate, or the process of distributing the deceasedâs property. While probate isnât always complex, itâ¦
What is estate planning? Over the years, I have received plenty of questions about creating a will and estate planning. After all, anyone over the age of 18 probably needs to have at least some part of an estate plan. Quick note about an easy giveaway: Vicki and Amy are also giving away three of […]
The post What Is Estate Planning? Do I Need To Do This? appeared first on Making Sense Of Cents.
If you want to end a trust, the process depends on the nature of the entity. A revocable trust can be ended relatively easily, in just three steps. The trustâs founder and owner can typically dissolve a revocable trust at ⦠Continue reading â
The post How to Dissolve a Trust in 3 Steps appeared first on SmartAsset Blog.
If you leave a trust to a loved one, itâs probably because you want to ensure that they are taken care of after you are gone. But that very act may cause you to wonder how long can a trust ⦠Continue reading â
The post How Long Can a Trust Remain Open After Death? appeared first on SmartAsset Blog.