The death of a loved one creates many challenges. Of course, there is grief and a profound sense of loss and immediate plans must be made for a memorial service or funeral. But there are many other matters that need to be addressed. From closing bank accounts and credit cards to paying bills, settling an[…]
Too often, people believe their wills will solely determine who receives their assets. While this is true for “probate assets,” which are assets that are usually owned solely in a person’s name, it is not the case for multiple non-probate assets, which are assets that have a designated beneficiary. If you have qualified retirement plans,[…]
How to choose the right life insurance
By diamondcpas Estate Planning, Personal Finance Feb 03, 2021
Life insurance is an investment vehicle that provides your family with financial security and peace of mind once you are deceased and no longer around to take care of them. In addition, if you are a business owner, life insurance can provide your business with the resources necessary to sustain continuity or to recover from[…]