Can You Inherit a Loved One’s Debt?
201504.27
0

Can You Inherit a Loved One’s Debt?

April 27, 2015 – This is a serious question for heirs, and particularly for couples who hold debt jointly. In most cases, a deceased person’s debts fall to their estate for payment. However, depending on state law, shared credit relationships and the amount of debt in question, surviving family members may be shocked to learn…

201503.11
0

What is Estate & Tax Planning?

March 11, 2015 – Estate planning is the process of anticipating and arranging for the disposal of an estate during a person’s life. Estate planning typically attempts to eliminate uncertainties over the administration of a probate and maximize the value of the estate by reducing taxes and other expenses.

201412.21
0

What is a Will?

December 21, 2014 – In a will, the most basic estate planning document, you spell out who gets your stuff when upon death (otherwise the state decides, and it’s not always your spouse and/or kids), and who takes care of minor children (otherwise a judge decides).