Estate Planning

  1. Step-Up In Basis

    A step-up in basis is the increased cost basis of an inherited asset or other security.
  2. Why the Wealthy Shy Away from Inheritance Talk

    A recent survey of high-net-worth individuals shows that many avoid talking inheritance with children. Here are some ways ...
  3. Top Tips for Helping Clients Leave an Inheritance

    Leaving an inheritance can be complicated and even a burden on the recipient. Here's how advisors can help.
  4. Do Big Inheritances Do More Harm Than Good?

    Most wealthy parents plan to pass on their wealth, but few have had discussions with their heirs. Financial advisors should ...
  5. A Look at Vanguard's Robo-Advisor

    Consumers likely will benefit from Vanguard’s entrance into the rapidly expanding robo-advisory market as competition intensifies. ...
  6. 5 Signs You Need A Postnup

    They're not the most fun thing to contemplate, but these contracts can actually help a marriage.
  7. Revocable Trust

    A revocable trust is a legal arrangement whereby a grantor transfers property to a trustee who holds the property in trust ...
  8. Letter of Intent (LOI)

    A LOI is used in most major business transactions to outline the terms of the deal that has been struck between the two parties. ...
  9. What are the differences between a revocable trust and a will?

    Investigate the choice between a revocable trust and a traditional will and how their unique advantages can match asset management ...
  10. What happened to Bernard Baruch's estate after his death?

    Learn what became of financier Bernard Baruch's multimillion dollar estate upon his death in 1965, and learn about his philanthropic ...
  11. Who does Warren Buffett plan to bequeath his estate to?

    Find out how much Warren Buffett is leaving for his heirs and how he wants the funds invested after his death. Learn about ...
  12. Irrevocable Trust

    In an irrevocable trust, the grantor gives up the right to revise, amend or terminate the trust without the permission of ...
  13. Can trust funds be activated before the grantor intended?

    Trust law gives the grantor specific rights over the release of assets and therefore it is not possible to change the stipulations ...
  14. What are the keys to setting up a trust fund?

    Setting up a trust to secure your assets for a beneficiary allows you to set the terms under which the beneficiaries are ...
  15. What's the difference between a financial advisor and a financial planner?

    Seeking professional advice from a financial advisor may involve asking for financial help from a certified financial planner, ...
  16. Top 10 Money Mistakes New Parents Make

    Although having a child is an exciting and exhilarating experience, it is very easy to lose track of finance or make unwise ...
  17. Can 529 plans be used to transfer wealth to other family members if the original beneficiary does not use the money?

    Yes, the 529 plan (also known as a "qualified tuition program") allows you to distribute and roll over funds from one 529 ...
  18. What To Do When You're Left Out Of A Will

    Discover the legal steps you can take if you are left out of a will and if fighting is worth the effort.
  19. The Executor's Checklist: 7 Things To Do Before They Die

    Being an executor comes with a lot of responsibility, and these tips will reduce the complications that can come with the ...
  20. Living And Death Benefit Riders: How Do They Work?

    Find out how these different riders work, and which type is right for you.
  21. Pick The Perfect Trust

    Trusts are an estate plan's anchor, but the terminology can be confusing. We cut through the clutter.
  22. Passing Boomers Will Leave A Big Economic Wake

    While baby boomers keep the longevity economy surging, look out for a dark fiscal forecast when it comes to retirement planning ...
  23. How To Plan For The Charitable Giving Boom

    Of the $58 trillion that will be passed over the next several decades, $26 trillion could go to charity. Here's how to plan ...
  24. Surprising Uses for Trust Funds

    Here are five common situations where a trust fund makes financial sense.
  25. Financial Changes When You Marry

    Before you tie the knot, here are some steps to take so the legal underpinnings of your marriage will be as solid as your ...
  26. What Baby Boomers Need To Know About Making Out A Will

    Squarely addressing the prospect of your own mortality can be upsetting enough. But the financial questions surrounding what ...
  27. If I don't have any kids and want to leave all of my worldly possessions to my dog, how would I do it?

    A 1993 law, Section 2-907 of the Uniform Probate Code, changed the treatment of a deceased individual's pet from that of ...
  28. 7 Essential Questions To Ask Aging Parents About Their Finances

    No one wants to think about the aging of his or her parents, let alone plan for their death. Unfortunately, aging is a part ...
  29. 3 Financial Tasks We Think Are Harder Than They Really Are

    Use these three tips to help put your financial situation into perspective. It turns out, organizing your finances isn't ...
  30. Protect Your Personal Assets

    A family limited partnership (FLP) can go a long way toward securing your family's property.
  31. 5 Misconceptions About A Fiduciary

    Having knowledge of what a fiduciary is will not only impress your friends at a party, but it will also help you understand ...
  32. Ethical Wills Share Final Thoughts With Heirs

    This document allows a testator, the person making the will, to leave a personal legacy.
  33. 6 Ways To Lose Your Estate

    Find out why you shouldn't put off putting your affairs in order.
  34. Financial Information Your Spouse Should Know

    Your family needs to be prepared if something happens to you, which is why sharing financial information is important.
  35. Last Will And Testament: Not Just For The Elderly

    It's never too early to plan your last will and testament. Find out what steps need to be taken.
  36. Talking To Aging Parents About Money

    Addressing this difficult topic is crucial, but you must approach it with compassion.
  37. Don't Count On An Inheritance

    If you're fortunate enough to receive an inheritance at all, it might not be nearly as large as you expect.
  38. Nonfreehold Estates In Real Property

    If you have an interest in real estate, read on to find out which type of property you have.
  39. The Top 4 Richest Pets

    A cat received $13 million dollars when her owner died, but she isn't the richest pet in the world.
  40. Helping Aging Parents Manage Their Money

    Old age can make dealing with finances difficult. Find out how you can help aging parents manage their finances and estates. ...
  41. Retirement Planning For Those Who Live Past 100

    Can your nest egg survive several decades of retirement?
  42. Top Estate Planning Tips For Same-Sex Couples

    Estate planning for same-sex couples requires extra effort and legal assistance.
  43. Uniform Simultaneous Death Act

    A law used to determine the inheritance when more than one death occurs at the same time. The Uniform Simultaneous Death ...
  44. Ensuring That Your Trust Is Trustworthy

    There are many cases of trusts being mismanaged, so find out how to make sure yours is on the right track.
  45. Can You Trust Your Trustee?

    Ignorance and incompetence can cost you money. Make sure your trustee is up to the task.
  46. 7 Reasons To Review Or Revise Your Will

    Drafting a will and locking it away for good could negatively affect your beneficiaries.
  47. 4 Things To Consider Before Becoming An Estate Executor

    Executing a will takes more work than you might think. Make sure you are up to the task before agreeing to be an executor. ...
  48. How To Choose The Right Executor For Your Estate

    Making a careful choice now can save your heirs from a lot of problems later.
  49. Estate Planning: 16 Things To Do Before You Die

    Find out what you need to prepare to avoid serious estate planning mistakes.
  50. Why You Should Draft A Will

    Don't trust the courts to follow your wishes - plan the distribution of your own assets.
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