estate planning
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The Difference Between a Will and ‘Payable on Death’ Account (and When to Use Them)
When you die, sorting out your estate can take over a year. For that reason, you might want to consider converting some of your bank accounts to “payable on death” (POD) accounts, which give your heirs quick access to those funds. PODs shouldn’t necessarily replace the comprehensive estate planning that you get with a will,…
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You Need To Deal With Your Digital Legacy Right Now
It used to be that when someone died, their executor would follow a standard roadmap to settle their estate: clean out the house, go through the file cabinets, and file a tax return at the end of the year. Now this wasn’t exactly easy – handling the administration after a loved one’s death can be…
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How To Prepare For Old Age When You Don’t Have Kids
1Generally speaking, if you have kids, you have someone to watch over you beyond your golden years. Not everyone has children, though, and if you don’t, it’s up to you to prepare for your own senior care. And it’s important to plan now.