Estate Planning Basics
Learn the essentials around planning and protecting the future for your family and loved ones.
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What Is a Beneficiary? Your Complete Guide
If you don’t appoint a beneficiary, your valuables and legacy might get passed on to the wrong person. Understand all you need to know about beneficiaries and how to select the right one with confidence.
· 12 min read
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What Is an Estate Sale?
An estate sale is a quick way to make some money by offloading a loved one’s possessions. However, if the sale isn’t done properly, it can cause undue stress and financial complications. Understand what an estate sale is and how the process works.
· 7 min read
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What Does an Executor Do (Definition)?
Need a simple, non-legalese “executor" definition? An executor is the person who handles a deceased person's estate, making sure all property is distributed according to the decedent's wishes and that all debts are paid. Usually, executors are close family members of the deceased—spouses, children, parents, or siblings—but the person writing a will (the “testator") can choose anyone to fulfill this role.
· 3 min read
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Estate Planning Mistakes to Avoid
Many people put off estate planning because the process seems intimidating, but planning your estate doesn't have to be difficult. Check out these common and easily avoidable mistakes before you get started.
· 2 min read
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Life Insurance in Estate Planning
Did you know that life insurance can be one of your most effective and flexible tools when it comes to estate planning? Read on for more information.
· 4 min read
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Leaving Money for College: Education Trusts
The cost of raising a child is nearly $286,000. And a good chunk of that is education costs. One way to cover ever-growing education costs is by setting up an education trust. An education trust can pay for school and help avoid estate taxes—we tell you how.
· 4 min read
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What Happens to Your Digital Assets When You Die?
Smart phones, tablets, and computers are part of many people’s daily lives. What happens to all of those digital files, photos, and songs when you die? Learn more about what you can do to protect your digital assets.
· 4 min read
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Small Business Solutions to Minimize Estate Taxes
If you're an entrepreneur, your business is likely your most valuable asset. Fail to take the time to plan for disability or death and your estate may face significant tax consequences. So how do you protect your business and your heirs?
· 3 min read
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What to Consider When You Believe a Relative Is Not of Sound Mind
As people age, their mental capacity often declines. It's hard to see a family member struggling with basic tasks, but it can be equally hard to know what to do about it. This guide explains your legal options and offers suggestions for reaching out for support.
· 3 min read
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Gifting to Heirs: An Introduction
Are you considering giving a significant gift to a future heir this holiday season? Our introduction explains the potential tax benefits as well as other important considerations for gifting to heirs.
· 3 min read
