Estate Planning

When a Spouse Inherits an IRA

When it comes to deciding what to do with the proceeds from a deceased husband's (or wife's) IRA, the surviving spouse who inherits an IRA has a choice.

The Hidden Costs of Settling an Estate

When settling an estate, you should anticipate costs beyond standard expenses such as attorneys' fees, commissions paid to the executor and court filing fees.

6 Essential Documents for Estate Planning

Planning for your own death is uncomfortable, but it can prevent heartache and financial distress for your loved ones. Here are the documents experts say we all should have.

4 Personal Financial Planning Musts for Dads

Dads, take time this Father's Day weekend to kick back and relax. But next week, implement these financial planning essentials. You and your family will be better off for it.

How I Squandered My Inheritance at Age 18

Lyn Roman inherited a small trust fund, and spent it all in a year. But the lessons she learned from her mistakes, and how she bounced back from them, have been priceless.

New Year, Same Beneficiaries? Here's Why You Need to Review

If you haven't checked the beneficiary designations on your financial accounts lately, you really should. It's quick, easy, and though it may not sound all that important, getting it squared away now could make a huge difference to your family later.

13 Financial Resolutions for Retirees in 2013

Being retired means not having to worry about waking up early to get to work. But retiring doesn't mean its time to quit worrying about making your money work as hard as it can.

Financial Planning for Same-Sex Couples: 5 Tips You Can't Ignore

Though same-sex marriage and gay civil unions are legal in 13 U.S. states, the federal rights that traditional married couples enjoy still don%u2019t apply to such unions. That means that it's critical for same-sex couples to get their paperwork and plans in order.

Planning for Trouble: Money and Estate Tips for Every Age

Many people put off doing estate planning on the grounds that it's too complicated. But it's not that difficult, and the right moves can save both you and your family a lot of trouble down the road. Here are a few things to keep in mind for the various stages of your life.

Retirement Rulebook: How to Keep It in the Family

Every adult needs a will: It may be depressing to contemplate, but die without one, and the state decides what happens to your property, and there's no guarantee the state's wishes and your own will coincide.

How to Use Life Insurance to Donate to Charity

When most of us buy life insurance, we're thinking about one thing: Making sure our families are taken care of after we're gone. But in this season of giving, you might also want to think about setting up a policy to take care of your favorite charity.

Dispelling the Top 12 Myths About Life Insurance

There's something about life insurance that just freaks some people out -- we'd prefer not to consider our mortality. But September is life insurance awareness month, and lack of knowledge breeds fuzzy thinking. So we've sorted some facts from fictions and debunked an even dozen myths about life insurance.

Why More Than Half of Us Don't Have Wills

Americans display a fairly significant disconnect between our ideals and our actions when it comes to preparing for our deaths: While 60% of us believe all adults should have estate plans, only 44% have one. But it's more than just fear of thinking about our mortality that's stalling many of us.

Why More and More Seniors Are Shacking Up

Shacking up isn't just for young folks anymore. Plenty of unmarried retirees are spending their golden years together. And while skipping the "I dos" can seem like the easier course, just living together can be complicated at this time of life. But we've got some tips to help you avoid the pitfalls.

When It's Worth It to Pay a Financial Guru

America is DIY Nation, but in certain financial situations, a do-it-yourself strategy can make a bad situation much worse, because in investing and money matters, most of us don't know what we don't know. Here are eight times in your life when the high stakes demand that you call in the experts.