If your children inherit your retirement accounts, they will have a few options about what to do with them. Most people designate their...

It might not seem intuitive. However, if you make plans for your death, you can sometimes live a better life. People do not ordinarily...

Wealthy people have so many different advisors for different aspects of their lives, that it is often a good idea to hire someone who can...

Educational costs have risen so high, that accumulating the money to pay for a child or grandchild to attend college can take years....

The Duke of Windsor's will has been sealed since his death in 1972. The will of the man once known as King Edward VIII has been ordered...

Every year wealthy people give money to the endowment funds of colleges and universities. What happens to the money, when a school closes...

Some common estate planning mistakes are mentioned all the time. There are other common mistakes that receive less attention. There are...

Estate planning used to focus almost exclusively on making sure that loved ones received inheritances. Today, it is increasingly...

The IRS recently announced what the annual inflation changes will be for some important taxes for estates and those who are planning...

Formal estate planning laws have been around long enough, that if something bad can happen it likely already has. In estate planning,...

To properly prepare for an emergency, you need to do more than stock up on drinking water and food. You also need to make sure that your...

Older Americans are increasingly getting remarried. Those who do need to understand what it means for their finances and estate plans....

If you have never done any estate planning, you should become familiar with the basic concepts. It is important for everyone to do some...

Parents are often very reluctant to discuss the parents' financial situation with their grown children. It is important to do so for...

Courts in many states today are reviving the old concept of common law marriage. However, not every state is which creates the need for...

When families fight over estates, it is not always over things of great importance. They often fight over the little things. That is an...

Estate planning is about more than just figuring out what happens to your possessions when you pass away. It is also about what happens...

A misconception is going around about estate planning, is that wills do not have to go through the probate process. It is not always...

One of the most frustrating things about estate planning, is that people assume that there is always time to do it later. That leads to...

Trusts used to be viewed as a tool for the wealthy. That is no longer the case. Most people probably first learned about trusts in a...