- How Much Do Cremation Services Cost?
When planning a funeral for a loved one, or for yourself, cremation may be presented as an alternative to burial. In terms of the expense involved, the average cremation cost can range from $1,500 to as much as $6,000. The… read more…
- How Much Does It Cost to Set Up a Trust?
A living trust is an estate planning vehicle that protects your assets against taxes and probate after you die. There are multiple types of trusts, like marital, bypass, generation-skipping and more. You can generally assign beneficiaries and make adjustments, unless your… read more…
- What Is a Prepaid Funeral Plan?
Planning a funeral can be an expensive prospect. The average funeral costs more than $8,000 and in many cases as much as $10,000 – or more, depending on the arrangements. Prepaid funeral plans offer a way to help manage those costs… read more…
- Understanding How to Gift Stocks
Gifting stocks is something you might consider if you want to help someone else build a portfolio. Or you could gift shares of stock you own to a charitable organization. There are different ways to gift stocks and it’s important… read more…
- What Is a Grantor Retained Income Trust (GRIT)?
Trusts can be useful in estate planning for passing on assets to your heirs. A grantor retained income trust (GRIT) is a specific type of trust that allows you to transfer assets while still benefiting from the income they generate.… read more…
- What Is a Life Estate and How Does It Work?
If you own a home, passing that property on to someone else — whether it’s a spouse, your children or someone else — requires planning ahead. That’s where a life estate comes in. A life estate is a legal way… read more…
- How Does Inheriting an Annuity Work?
When someone inherits an annuity, they receive the remaining payments or account value from a contract originally owned by another person. The payout options and tax treatment depend on the relationship to the deceased and whether the annuity was qualified or non-qualified. Spouses can often continue the contract in their own name, while non-spouse beneficiaries… read more…
- How to Create a Living Trust in Wyoming
Estate planning can be a complex process, and relying on a will can put your heirs through the time and expense of probate court. A living trust can help simplify things. This arrangement can hold your assets and property in a… read more…
- How to Create a Living Trust in Rhode Island
A living trust is a viable estate planning tool for Rhode Island residents. Since they allow your families and loved ones to skip the time-consuming and expensive process of proving a will, creating one is a good idea for those with complicated… read more…
- How to Create a Living Trust in North Dakota
No matter where you live, it’s important to have a strong estate plan in place. One popular estate planning tool is a living trust, which offers a secure way to store your assets and property so that they can be easily… read more…
- How to Create a Living Trust in Maine
If you are considering an estate plan, there are many paths you can take. One way to protect assets for your family is to create a living trust. Probate and inheritance laws vary from state to state, which means that the… read more…
- How to Create a Living Trust in West Virginia
When planning your estate, you have different tools at your disposal to protect your assets for your loved ones. One such tool is a living trust, which many estate-planning experts consider to be a more iron-clad strategy than writing a will.… read more…
- How to Create a Living Trust in New Hampshire
If you’re thinking about your estate planning strategy, odds are you’ve heard about creating a living trust. A living trust can protect your assets and make life easier for your heirs. Residents of New Hampshire may particularly benefit from using a… read more…
- How to Create a Living Trust in Connecticut
As you approach the estate planning process, you have many tools at your disposal. One such tool is a living trust. By creating a living trust, you can protect your assets and property and save your family from having to go through… read more…
- How to Create a Living Trust in South Dakota
A living trust can be a powerful tool for building a comprehensive estate plan and ensuring your assets are managed and distributed according to your wishes. Since estate and inheritance laws vary by state, it’s important to understand the specific rules that apply in South Dakota. We’ll give an overview of how to create a… read more…
- How to Create a Living Trust in Pennsylvania
Estate planning gives you the opportunity to protect your assets and control how they’re handled after you pass, or if you become incapacitated. Once any outstanding debts and taxes are addressed, your remaining property can be passed on to family members, friends or charitable causes according to your wishes. One of the most common tools… read more…
- How to Create a Living Trust in Kansas
Estate planning is one of the best ways to ensure your assets are protected after you’ve died. You’ll have a range of options for legally distributing your assets following death or incapacitation, but one of the ways to do so… read more…
- How (and Why) to Use a Spendthrift Trust
Leaving money behind for an heir can be nerve-racking, especially if they’re new to managing money or have trouble controlling their spending. An estate planning tool that can help you in this situation is a spendthrift trust, which affords a trustee… read more…
- How to Create a Living Trust in Alaska
Estate planning is the part of financial planning that allows you to protect your assets after your death. You’ll have access to a range of options to ensure your assets are legally distributed to your desired heirs, but one of… read more…
- How to Create a Living Trust in Utah
If you’re working on your estate plans, you may come across living trusts as a way to protect your assets so you can safely leave them for family and friends. The primary benefit of using a living trust instead of a will is that it can allow you to bypass the probate process. As probate… read more…
- How to Create a Living Trust in Virginia
A living trust is an estate planning tool that can simplify the passing on of your assets to your family. Each state tends to have its own rules as to how you can set up your own living trust as a resident.… read more…
- How to Create a Living Trust in Colorado
Estate planning can take a lot of energy, and there are many options to consider when coming up with your directions for what will happen to your money and possessions after you die. A living trust can ensure that your… read more…
- How to Create a Living Trust in Delaware
A Delaware living trust helps you bypass probate and can ensure that your assets and property transfer promptly to your loved ones after you die. Creating a living trust may not be needed by everyone, though, so it’s important to… read more…
- How to Create a Living Trust in Alabama
Estate planning should be a part of everyone’s financial plan, especially as you grow older. A living trust can serve as the centerpiece of your estate plans, as it helps simplify things for your family when you die. That’s because,… read more…
- How to Create a Living Trust in Nebraska
A Nebraska living trust allows your heirs to receive your estate without the delay or interference of the court. A will, on the other hand, must go through probate before your estate can be distributed. However, it’s important to understand… read more…