While you might think that trusts are only for people that have quite sizeable estates, that is not the case. As a matter off act, the National Association of Financial and Estate Planning recommends trusts for estates with a wide variety of assets. Trust Costs The maintenance cost for a basic trust can vary. Generally [...]
Estate planning can have a lot of moving parts to it. You want to get a head by considering all of your options and making sure that the legal details are handled. Here are some things to consider when you are planning your estate. Have a Will A will is one of the most important [...]
Assets and asset distribution are the foundation of any estate plan. You want to make sure that your financial goals after death are met. You also want to ensure that your heirs are taken care of according to your wishes. Deciding what will be done with your assets by creating an estate plan ensures your [...]
Reverse mortgages are a good way for cash-strapped homeowners over 62 to use the equity in their homes to get a loan. The loan does not need to be repaid until the home is sold or the borrower dies. For heirs, however, reverse mortgages can pose problems they may not be prepared to deal with. [...]