Many wealthy Americans today are worried about what will happen to their estates after they are gone. Although many different types of trusts have been designed to help alleviate this problem, a new type of trust, called the “inheritor’s trust” has a level of flexibility that is unmatched by other estate planning vehicles. This type [...]
« Archive for the ‘Uncategorized’ Category
A new type of trust may be able to solve many estate planning problems
October 13, 2008 12:02 PM
Getting divorced? Use these tips
October 1, 2008 03:53 PM
If you are either getting divorced or thinking of doing so, there are a number of factors to consider when dividing up the marital assets. Generally speaking, the house, cars and retirement assets are the main items to be allocated in most divorce proceedings. However, income, child support and Social Security benefits will also play [...]
Understanding the Probate Process
September 9, 2008 06:24 PM
You’ve worked hard all of your life to provide for your family and loved ones. Now you can relax, knowing that they will be taken care of once you’re gone. Or will they? If you are assuming that your assets and personal effects will automatically go to your spouse, you may be in for a [...]
Protect your disabled heirs with special needs and payback trusts
August 23, 2008 12:36 AM
If you or a loved one has a child or other heir that is mentally or physically disabled, then you may have major concerns about how to provide for that person once you are gone. Statistically, the odds of becoming disabled are much greater than the chance of an untimely death. Furthermore, the financial impact [...]
Know how a durable power of attorney can protect you
August 23, 2008 12:26 AM
Millions of Americans are more than willing to purchase life insurance on themselves and their loved ones in case of death, disability insurance in case of disability and long-term care coverage to cover assisted living expenses. However, many of them are not aware of simple legal document that can greatly aid their families in the [...]
When is permanent insurance really necessary?
June 15, 2008 11:24 PM
For millions of Americans, the choice between term and permanent insurance can be a confusing one. A number of variables factor in to whether one is more appropriate than the other for most consumers, such as debt level, health and longevity, and the size of one’s estate. There are a number of arguments on both [...]
HSBC Direct 3.00% Savings
ETRADE 3.30% Savings Account