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You have two primary options for leaving an inheritance to a child. The most straightforward is to give it to them in a single lump sum,...

Thinking about the world and how our loved ones will fare after we pass away can be very difficult. Although we all know that we will...

It has been said that the only thing harder than being an addict is loving one. It can be particularly difficult for a parent to bring a...

Having an estate plan is a great way to ensure you and your loved ones are protected today and in the future. When creating an estate...

Wills and living trusts are two of the most fundamental estate planning documents. While both accomplish the same primary objective in an...

Most families are happy families. They get together for the holidays, share laughs, and tell stories. Everyone gets along and enjoys each...

Today more young adults are living at home with their parents than at any time since the 1940s. While there are many different opinions...

An intrafamily loan is a financial arrangement between family members—one who is lending and another who is borrowing. An intrafamily...

While television and movies provide great entertainment, they are not always factual. Even shows based on real events are not entirely...

Your mortgage, like the rest of your debt, does not simply disappear when you die. If you leave your home that has an outstanding loan to...

Mark your calendars: January 28 is International LEGO day, which celebrates the date when the patent for the globally famous plastic...

Many married couples share almost everything, including finances. This may be reflected in their estate plan by using one joint living...

When you decide to create a comprehensive estate plan, there are many things to consider. One is whether to tell your loved ones about...

The death of a loved one is never easy. Regardless of your relationship with the deceased (blood relative, life partner, or close...

After a house, a car is often the second-most valuable piece of property a person owns. About 15–20 percent of new vehicles are leased...

People often engage in transactions that result in money being owed to them, such as loaning money to a friend or business partner or...

It is normal for married couples to share almost every aspect of their lives with each other. But when it comes to death, even the...

A loved one’s passing is challenging on many different levels. In addition to the emotional difficulty of processing someone’s death,...

Adding a payable-on-death (POD) or transfer-on-death (TOD) designation to an account allows the assets (money and property) in that...

One important purpose of estate planning is to facilitate the transfer of ownership of your money and property to your family and loved...