One of the best ways to prevent disagreements between siblings is to name an independent executor or fiduciary.
Read MoreIf someone is stealing from the estate, you have the right to sue the executor to get the money returned. You will need to prove that the executor breached his or her fiduciary duty.
Read MoreLife insurance, retirement accounts, checking accounts, and vehicles are some examples of assets that may be best left out of a trust.
Read MoreThe most important task you will need to accomplish when you suddenly come into money is to create an estate plan.
Read MoreThe power of attorney cannot make changes to your will, transfer his or her power to someone else, or keep making decisions after your death.
Read MoreA will can include a provision that allows for the distribution of an asset only after a specific condition has been met.
Read MoreThe rules are different depending on whether you are a spouse or non-spouse, or if you inherit the 401k as a child or are disabled.
Read MoreOne of the main benefits of a land trust is that it allows an owner to separate some property from their personal finances.
Read MoreThere are a number of things you will need to do when a parent passes away, including locating important papers, making burial arrangements, filing for probate, and taking care of the estate.
Read MoreScams are more prevalent than ever and criminals put a lot of focus on older people. As your parents age, it is helpful to become more involved in their financial affairs.
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