Upon passing, your will outlines who gets what, when and how (outright or in trust). Your named executor will submit the will to the proper court which determines its legitimacy and oversees the distribution of assets, a process called probate. However, not all of your assets are controlled by your will.
It’s important to have certain binding legal documents in place, if you become disabled due to an illness or accident. These aren’t easy things to talk about, but attorneys say every adult needs them.
Women have long been at a disadvantage in retirement. Generally, they earn less than men, interrupt careers to raise children or care for parents, and live longer.
Within a matter of days, Jorgensen became a widow and lost more than $70,000 from the joint bank account she shared with her late husband.
You’ve done all you could to draw up the perfect trust to protect your child and help them on the path to recovery. Now you need the right person (or team) to help make it happen.
You may be surprised at how easy it is to make an expensive mistake with your beneficiary designations.