beneficiary

In order to property distribute assets to the beneficiaries named in the Will, you’ll need to set up a bank account in the name...

By including specific assets in a Will and naming beneficiaries (the people who will inherit those assets) you can make sure that...

Beneficiaries of a Trust are the people or organization(s) who are named as the recipients of any benefits of the Trust. The...

Probate is the legal process of proving the validity of a Will to a court.

If you want to pay for your funeral arrangements ahead of time, one way to pay is through a trust that the funeral home sets up....

If you're interested in setting money aside for your funeral but aren't interested in pre-paying any funds to a funeral home, a...

A simple funeral insurance policy can be purchased, with the funeral home as the beneficiary. This way, upon your death, the...

If you think or know the recently deceased had Life Insurance, and you can’t find the actual policy, there are a number of other...

Before you can submit the will to Probate, you've got some work to do.

Many times, personal items of sentimental or real value are not included in a Will. These items should be properly distributed to...

Who gets your kids? Who gets your stuff? What do you need to make it official? You've got questions, we've got this article.

Trustees are responsible for managing, investing, and distributing the property in the Trust. This includes administration and...

The primary purpose of Life Insurance, as with any insurance, is peace of mind. If you should suddenly or unexpectedly shuffle...

An Irrevocable Trust requires you to give up all ownership rights to the assets in the Trust, as well as your right to change the...

A Revocable Trust allows you to retain control of all the assets in the Trust.

Legally, there's some property you cannot include in a Will. This is usually property that you own jointly with someone else or...

When creating a Will, you have the right to give your assets or property to whomever you choose.

Inheritance rights determine who has the legal right to claim your property after you die.

The general role of the Executor is to follow the instructions of the will, primarily in terms of distributing assets to named...

The primary purpose of Life Insurance, as with any insurance, is peace of mind.

A Term policy is like renting Life Insurance for a set amount of time. It's more affordable than Permanent Insurance but will...

Permanent Life Insurance (also known as Whole Life Insurance) lasts for your entire life and never expires. In addition,...

The Beneficiaries named in your Life Insurance policy are the people who will receive the payout when you die. Choose wisely.

The family income benefit rider of a Life Insurance policy specifies that you’d like benefits to be paid out in installments over...

A Trust is a legal arrangement in which a certain amount of property or assets is held by a person or entity for the benefit of...

An Irrevocable Life Insurance Trust (ILIT) is used to avoid estate taxes on insurance payouts.

In estate planning, Trusts can be established to easily transfer assets to heirs. With the right set-up, assets in a Trust...

A Living Trust, also called an “inter-vivos trust,” is a Trust that becomes effective during your life.

Set up Trusts to minimize estate taxes, avoid probate, and seamlessly transfer your assets to your heirs.