If you have certain types of financial accounts, you may be able to turn them into accounts that are payable on death. These are often called POD accounts. You can also open accounts with this designation from the very beginning, but you don’t necessarily have to do...
For the average American, the divorce rate has been dropping for years. When no-fault divorce originally came on the books, there was a spike in divorce rates for the population as a whole, but they have fallen since. However, it’s been found that one age group –...
If you have had a successful career or if you inherited property from your parents, you may be in a good position to leave valuable resources for the next generation. Estate planning requires not just acknowledgment of your relationships to determine who should...
When you create a will, you should appoint someone to carry out its mandate. If you don’t, the probate court will appoint someone to act as the personal representative or executor of the estate. Being chosen as the personal representative or executor of an estate is a...
