Famed country singer Johnny Cash had five children — but he only left his inheritance to one of them for a surprising reason.
What Is a Testamentary Trust?
While at Baltimore, Siragusa was also part of a defensive front considered by many to be among the best in NFL history.
A spendthrift trust allows you to leave funds to a beneficiary without giving them full control over those funds.
Being a trustee is difficult but adopting these four best practices employed by professional trustees will go a long way to ensure that you’ll effectively execute your duties and mitigate your liability.
Special needs trusts can help fund quality-of-life improvements for the beneficiary, such as a phone, a trip or a private room in a group care facility.
Your estate plan should certainly be revised, if you have gotten married or divorced.
What will happen to your assets when you can no longer manage them?
A person named as a transfer on death (TOD) beneficiary for an account will receive the assets held in it when the account owner dies.
Signing a prenup doesn’t indicate that you don’t have faith in your marriage, just like buying car insurance doesn’t mean you expect to get in a crash.