It may sound like it makes sense, and it might be easier than picking a person (or two) to name, however there are some serious downsides to naming your estate as the beneficiary for your IRA.
Certain habits can signal cognitive impairment.
A critical item is often missing from back-to-school college checklists — and it could be far more valuable than anything else your student takes to school this fall: signed legal documents.
The intent of the laws and regulations is to allow the community spouse to have enough income and assets, so that he or she has enough income and assets to continue to live at home, whether that be a home, an apartment, or other living place.
No one enters a relationship — be it personal or business — thinking it will fail. However, what happens when it does?
As government programs do not cover all expenditures related to these categories, ABLE accounts can be used to pay for shortfalls.
Avoidance of estate taxes is one consideration in estate planning.
The way in which assets are titled can be vital.
Wills often go through probate, which is the legal process for settling an estate. The rules are different for every state, so check with an attorney or your local county office to learn more.
Q: Is there a difference between a ‘living will’ and a ‘do not resuscitate’ order?
