Without spouses and partners to help, single people need to prepare some documents to improve their estate planning.
A will is the least you can do to make sure your estate passes to your loved ones after you die, but almost half of American parents don't have one.
For most seniors and especially retirees, insurance payments can seem like an unnecessary expense. But not in these five common scenarios.
When naming beneficiaries for your life insurance policy, you're likely to pick your spouse and children. But naming a trust instead can have benefits.
Couples with reverse mortgages face huge problems if only one name is on the title, and that person dies. It's the plight of the non-borrowing spouse.
Not a whole lot of people have to pay the federal estate tax, but income tax and state estate, inheritance and gift taxes can make a mess for heirs.
For people who think drawing up a will seems morbid, changing preferences on Facebook may be less intimidating. It's simple, even if it is a little weird.
The president's poorly named plan to collect more inheritance tax can make handing down even minor investments a major hassle.
The death of a spouse is traumatic -- personally and financially. Here are eight critical financial steps that to take after the death of your life partner.
If you or someone you know is grappling with a terminal diagnosis, I offer you my sympathies and practical advice for dealing with the money side of death.
Estate Assist allows customers to create a digital safe deposit box to organize and distribute all the critical information related to their estate.
Parents of children with disabilities face incredible obstacles at every step in handling education, health care, housing and family finances.
Young people just starting their families need to be think of the future and develop a comprehensive estate plan.
Trusts are flexible, don't require that much effort, can benefit the living, and are appropriate for people of moderate means. Maybe you should have one.
Like Robin Williams, Joan Rivers is also leaving behind a valuable estate-planning lesson: How to ensure your pets are cared for as you wish after you die.
As my dad's health declined, I thought there was nothing I could do. In retrospect, I see how his physical problems grew out of fiscal ones.
With whole life insurance or a fixed indexed annuity, you can leave behind more money than you thought possible for your loved ones or special causes.
The comic genius was serious about smooth estate planning, apparently using at least one revocable trust. What can you learn from Robin Williams' method?
If your potential heirs include biological children, stepchildren and former spouses, you have much more to consider in preparing your will.
Having a conversation with your parents about long-term care is difficult but necessary. Here are suggestions to make having that talk a bit easier.
A properly designed whole life insurance policy offers tax-deferred benefits that no other financial product can match.
Crowdfunding funerals has become a bit of a fad, but there are smarter alternatives to handling your final expenses than making your family pass the hat.
I'd love to offer my clients a safe investment that pays a good return - and that's what whole life insurance claims to be. But the numbers just don't jibe.