Estate Planning

Four Provisions People Forget to Include in Their Estate Plan

Posted on: April 1st, 2017
Even if you've created an estate plan, are you sure you included everything you need to? There are certain provisions that people often forget to put in in a will or estate plan that can have a big impact on your family....

How can I prepare financially for stormy weather?

Posted on: February 13th, 2017
Floods, tornadoes, torrential rain, lightning, and hail are common events in many parts of the country during the spring and may result in widespread damage. Severe weather often strikes with little warning, so take measures now to protect yourself and your property....

What Is Required of an Executor?

Posted on: July 5th, 2016
Being the executor of an estate is not a task to take lightly. An executor is the person responsible for managing the administration of a deceased individual's estate. Although the time and effort involved will vary with the size of the estate, even if you are the executor of a small estate you will have important duties that must be performed correctly or you may be liable to the estate or the beneficiaries....

Do Frequent Flier Miles Expire When You Do?

Posted on: November 7th, 2015
Accumulated frequent flier miles can be valuable assets, but what happens to those miles after someone dies? Can a spouse or other heirs inherit them, or do the miles simply evaporate like a contrail?...

What Is Cost Basis and How Do You Prove It?

Posted on: November 6th, 2015
Knowing the "cost basis" of your property is important for tax purposes, but proving cost basis can be difficult. Cost basis adjusts at death, so it is a good idea to appraise property when a joint owner dies....

How Do an Estate's Debts Get Paid?

Posted on: July 1st, 2015
An executor is the person responsible for managing the administration of a deceased person's estate. One of the executor's main jobs is to pay people or institutions to whom the estate owes money -- the estate's creditors. This can be an overwhelming task, especially when dealing with the death of a loved one, but it is important to follow the right procedures to avoid unnecessary problems and expenses....
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