How Much Money Will Be Inherited In 2020?

Do you have assets that you plan to pass on to your loved ones? Are there baby boomers in your family with substantial assets that will pass as part of their estate? Whatever your situation, you need to estate planning and an understanding of inheritance ...

Passing on Your Special Collection to Loved Ones

No matter what you collect, be it stamps, coins, art, or classic toys, you probably have devoted a significant amount of money as well as time to pursuing this passion, but have you done the forethought to think about what will happen to your collection i ...

Does My Elderly Parent Need a POA?

There are many scenarios when it makes sense for your elderly parent to have a power of attorney document in place that names you as the agent. While some of these situations help in terms of convenience, there are others that might arise making it a real ...

Not Married? You Still Need an Estate Plan

As an unmarried couple, you might assume that you don’t have as much at stake if something were to happen to you or your partner. Whether you’ve legally tied the knot or not, you still need to think about how to protect yourself and your loved ones. Addi ...

What Is a Payable on Death Account?

You might discover in the process of administering someone else's estate or in structuring your own estate the existence of a payable on death account. A POD account is an arrangement between a credit union or bank and a client that designates the benefic ...

What’s the Cost of Skipping Out On Estate Planning?

There are many different fears that lead people to avoid engaging in the estate planning process. It might seem like this is something it isn’t applicable to you because of your overall good health, young age or belief that you have many years left to sor ...

Do I Really Need Life Insurance Beneficiaries?

So you already have a life insurance policy in place as part of your estate plan- smart move. As part of your application and final policy approval process the company probably gave you a beneficiary form. This form is extremely important and should not ...