The end of the year will be here before we know it. But there is still time to meet some major estate planning goals. Here are ten things to do before the end of the year. 1. Have your estate planning done. Set the end of the year as your deadline to finally get this...
IRAs are among the largest assets inherited by heirs and beneficiaries. These inherited IRA accounts have been able to grow to such large amounts because income taxes are deferred until the owner begins to take distributions, usually after reaching age 70 1/2. Those...
Once a child turns 18, parents lose the legal ability to make decisions for their young adult and even to find out basic information. Learning you cannot see your college student’s grades without his/her permission can be mildly frustrating. But a medical...
When considering how to leave assets to adult children, the first step is to decide how much each one should receive. Most parents want to treat their children fairly, but this doesn’t necessarily mean they should receive equal shares of the estate. For...
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