9 Questions to Ask Aging Parents About Their Finances
Speaking to aging parents about money isnât easy. Here are nine important questions to ask.
Speaking to aging parents about money isnât easy. Here are nine important questions to ask.
When it comes to trusts, most people are familiar with individual trusts, trust funds or family trusts that are connected to an individual or family. But another type of trust exists for entrepreneurs and companies called business trusts, which are … Continue reading →
The post What Is a Business Trust and How Does It Work? appeared first on SmartAsset Blog.
Trusts and estates are the two main legal structures for transferring assets to your heirs and beneficiaries. Each works in critically different ways. Estates make a one-time transfer of your assets after death. Trusts, meanwhile, allow you to create an ongoing … Continue reading →
The post Estate vs. Trust: Whatâs the Difference? appeared first on SmartAsset Blog.
Estate planning can be difficult. In addition to the fact that it may bring up some uncomfortable feelings – like grappling with oneâs mortality – there is also the fact that it can be a complex legal process. There are … Continue reading →
The post Trustee vs. Executor: What’s the Difference? appeared first on SmartAsset Blog.