Posts Tagged ‘estate plan’
Getting Married? Estate Planning Basics to Consider
Getting married is the right time to update your estate plan, especially if you plan to combine finances. A few proactive steps now can prevent confusion and conflict later. 1. Decide what stays separate and what becomes jointTalk through which assets are: 2. Update beneficiary designationsRetirement accounts, life insurance, and payable-on-death accounts pass by beneficiary…
Read MoreFive Important Responsibilities for the Trustee of a Special Needs Trust
If you are thinking about serving as the trustee of a special needs trust, you will probably have questions about the trustee’s role and responsibilities. Trustees of special needs trusts have many important responsibilities, but the following five appear at the top of any trustee’s list. 1. Communication An ability to communicate with the trust beneficiary,…
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