When planning for the future, one of the most important decisions for parents involves choosing a guardian for their children. This decision ensures that, in the event of the parents' untimely demise, their children will receive proper care and guidance. In...
Month: April 2024
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Reasons a will does not trump beneficiary designations
Your last will and testament describes who should receive your property after you die. However, your will may not cover every single asset you own. You may direct a particular account or financial plan to go to someone, only for another individual to claim it. This...
Going over the benefits of special needs trusts
A special needs trust is a valuable tool that can provide security for families who have a loved one with special needs. When a family member develops special needs, it is important to plan for their long-term care and financial well-being. In fact, these trusts offer...