Dear Lifehacker, My parents have just told me that they have named me as the sole executor of their wills. What does this mean? Am I going to have to read up on different legal things? What does it mean I do?
Life insurance is an easy thing to brush off. It seems like something you do later in life, and it also seems complicated. To get the ball rolling and make sure your loved ones are protected, financial planner Carl Richards suggests what he calls "the 20-20 plan".