What Is The Difference Between A Will And A Trust?
A Will and a Trust serve different purposes. Most people don`t have either one. A Will and a Trust are similar in the effect that both let you designate exactly how you want your assets and other …
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What Is An Estate Tax?
The Estate Tax is a tax on the value of your property transfered to your hiers upon your death. The federal government allows every person to give away, either through lifetime gifts or upon …
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What Is An Advance Directive For Health Care?
The Advance Care Directive for Health Care gives the individual many options including signing a simple living will, the appointment of a surrogate decisionmaker called a health care proxy and …
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Naming Children as Life Insurance Beneficiaries
Many people purchase life insurance to provide for their children. As the term implies, life insurance is an insurance plan that allows a parent, or other policy holder, to continue to provide financially for the beneficiaries after the parent’s death. Life insurance can provide income for the day to day support of a child and it can provide funds for long term or larger …
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Protect Your Children with Your Last Will and Testament
There’s a lot to think about when you are expecting a baby. Baby names, nursery décor and car seat installation probably come to mind quickly. However, there are also other important considerations to think about like making a last will and testament. It might be difficult to think about making a will at such a joyful time for your family. Yet, part of being …
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