Term life insurance is a good start for young professionals, but there are many more types of insurances out there, with better features, that can better benefit you, your family, and your beneficiaries. In this post we'll discuss term insurance, whole life insurance, universal life insurance, variable life insurance, variable universal life insurance, survivorship life insurance, first-to-die insurance, and single premium whole life insurance.
Princess Diana’s last wishes were largely ignored by her family. The executors of her estate, her mother and her sister, successfully petitioned the probate court for a "variance" of the will. To this day their motivation is unclear and the changes to her wishes were kept secret. Could this have been avoided?
Over the past few weeks, I've been asking my clients to send me their most recent tax return. By looking through their returns for missed opportunities and mistakes, there's a few patterns I've noticed.
Estate disputes highlight the need to be clear about our intentions when it comes to estate planning. A well-drafted will can lead to a lot less heartache for your family.
The death of a loved one is never easy. Once you've had time to cope with all that has happened, it's important to update your estate plan in light of your loved ones death.
It is important to understand that real estate can be owned in several ways, each of which has important legal consequences when it comes to leaving that real estate to your loved ones upon your death. Failing to understand how you legally own your real estate and how it will be passed on to your loved ones can lead to unintended, and often negative, consequences.
Estate planning oversights can be expensive mistakes to amend. It's a huge matter of importance to ensure these documents are kept up to date and evolve as your life does.
Estate planning can be complicated for those in long-term, committed, unmarried relationships. Unless you plan properly, your partner will not be able to receive any of the money or property you want them to should you pass away, and they won't be able to make important financial and medical decisions for you should you become incapacitated.
With such a large concentration of wealth to be divided, what are the ramifications for The Bill & Melinda Gates Foundation?
Permanent life insurance policies offer both a death benefit and cash value, which you can withdraw from at almost any point in your life. Life insurance offers more flexibility, and ROI than many other savings options.
