Do Your Homework to Ensure Your Kids Are Properly Cared For No Matter What Happens

It’s back-to-school time again, and when it comes to estate planning you may have homework to do. As a parent, your most critical—and often overlooked—task is to select and legally document guardians for your minor children. Guardians are people legally named to care for your children in the event of your death or incapacity.

If you haven’t done that yet, you should immediately do so using our easy-to-use (and absolutely free) website, where you can...

The Ins and Outs of Collecting Life Insurance Policy Proceeds

 

Unlike many estate assets, if you’re looking to collect the proceeds of a life insurance policy, the process is fairly simple provided you’re named as the beneficiary. That said, following a loved one’s death, the whole world can feel like it’s falling apart, and it’s helpful to know exactly what steps need to be taken to access the insurance funds as quickly and easily as possible during this trying time.

And if you’ve been dependent on the deceased for regular financial support and/or...

Before Agreeing to Serve as Trustee, Carefully Consider the Duties and Obligations Involved—Part 2

 

Last week, we shared the first part of this series explaining the powers and duties that come with serving as trustee. Here in part two, we discuss the rest of a trustee’s core responsibilities. 

 

Being asked to serve as trustee can be a huge honor—but it's also a major responsibility. Indeed, the job entails a wide array of complex duties, and trustees are both...

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