If you die intestate (without a will), your possessions become part of your estate, and it is left to the legal system to sort things out. For your heirs, this means more time wasted, more money down ...

But there’s one essential step that often gets overlooked: making sure you have beneficiaries listed on your key assets. This ...

I recently came across an IRA beneficiary document, as I sometimes do, that names the estate as the beneficiary. While there can be some valid reasons for this, 95% of the time this is a really ...

Here are two ways to kickstart your estate planning process in five minutes or less. "The simplest estate planning step is ...

Life insurance beneficiaries aren't limited to people. You can also name charities or non-profit organizations as primary or contingent beneficiaries. Designating a life insurance beneficiary ...

Most financial institutions now have a specific form that is completed to designate an account as a TOD and name the beneficiary (or beneficiaries). Most states have laws recognizing the accounts ...

the insured amount is $1,500,000 ($250,000 x two grantors x three beneficiaries). So, between now and April 1, 2024, if you have accounts in an FDIC insured bank in the name of a trust ...

Often, individuals will identify a spouse or partner as the primary beneficiary, but this is not a requirement. If you're single, you can name children as primary beneficiaries, or you can list ...

You name each one an equal beneficiary on your IRA. Unfortunately, Miriam dies. Shortly thereafter, you die, and the custodian's policy is that Chava and Leah should inherit Miriam's share.