Unexpected circumstances can happen, so don't put off writing your will.
Nerd Wallet, in "Avoid This Estate Planning Mistake," reminds us that many assets have their own beneficiary designations, including retirement plans like 401(k)s, 403(b)s, pensions, IRAs, annuities and life insurance plans. Many folks don't check them. They thin... A couple with four children may want to split their estate four ways when they pass away. However, what do they do if two of their children never grew up and would spend their legacy on extravagances and questionably needy friends? A recent New Jersey 101.5 article, "How to plan for s... Long-term care planning is something most Americans fail to do for themselves or for their loved ones. This can put adult children in a position of feeling helpless and lost when the time comes to make arrangements for their parents' care.Read More
Estate Planning Mistake No. 122: Neglecting Beneficiary Designations
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