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To avoid these issues, you might consider setting up a living trust — even if you only have one beneficiary. According to a 2024 LegalZoom report, about 75% of estate plans created in 2021 used ...
Organize your 2025 with style in the Hardcover Weekly Planner from Papier. Inside the bound book, you’ll find spacious weekly, monthly, and yearly overviews, with plenty of room to jot down ...
Estate planning is the process of anticipating and arranging for the management and disposal of a person's estate during the person's life in preparation for future incapacity or death. The planning includes the bequest of assets to heirs, loved ones, and/or charity, and may include minimizing gift, estate, and generation-skipping transfer taxes.
Suze Orman’s podcasts cover a wide range of estate planning topics, citing the use of trusts, ways to avoid probate, and handling beneficiary issues. However, some often overlooked topics ...
The Wealthy Barber (full title: The Wealthy Barber: The Common Sense Guide to Successful Financial Planning) is a financial planning book franchise by Canadian author David Chilton. The first book in the series was in the business fable genre, using the story of fictional characters to convey financial advice.
If an estate or charity is a beneficiary of a part of the account, the same holds true unless certain remedial measures are taken by September 30 of the year after death. The 5-year rule does not apply if the decedent died after having started his/her required minimum distributions (generally if he/she died later than April 1 after reaching age ...