Trusts come in many forms and can be useful to people from all kinds of backgrounds and situations. Those who have significant assets and worry about what their family members would do with an inheritance might want to consider adding incentive trusts to their estate...
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Month: October 2022
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How do you handle your financial accounts in your estate plans?
Opening financial accounts, such as checking and savings accounts, involves filling out certain forms. One of the forms you’ll complete tells the financial institution who should get the money in your account when you die. That form establishes what’s known as a...
What are compassionate allowances for disability?
People who become disabled due to a medical condition or injury that’s expected to last at least 12 months may opt to file a claim for disability payments through the Social Security Administration. One issue that people face is that the application process is very...