There is a good chance that you have a beneficiary, since retirement accounts, wills, and trusts commonly have beneficiaries. A beneficiary is an individual (or legal entity) to receive the proceeds from a financial product or vehicle when the owner…
The 2021 Wills and Estate Planning Study by Caring.com and YouGov found that the percentage of Americans aged fifty-five and older who have created a will has declined from 60% to 44% since 2019. This decrease is as surprising a statistic…
The need for estate planning becomes more and more critical as we get older. Many people avoid estate planning because they do not want to think about the end of life, failing health, or disability. Others believe that an estate…
Leaving your property to your heirs may seem like a simple task. You make a will or a trust, you do a transfer-on-death deed for your real estate, you put your kids on your bank account, you designate beneficiaries for…