--- title: Hanscom FCU MoneyWisdom Blog | Estate Planning description: Estate Planning | Hanscom Federal Credit Union offers free financial education for our members and as an employee benefit for our business partners. Our mission is to help our members become MoneyWiser. Get tips, worksheets and information to help you achieve a balanced budget, save money and plan for your retirement. --- [![MoneyWisdom_HFCU_r2](https://go.hfcu.org/hs-fs/hubfs/MoneyWisdom_HFCU_r2.png?width=464&name=MoneyWisdom_HFCU_r2.png "MoneyWisdom_HFCU_r2")](https://go.hfcu.org/blog) Filter by Category** - [Show All](https://go.hfcu.org/blog) - [Security](https://go.hfcu.org/blog/topic/security) - [Personal Finance](https://go.hfcu.org/blog/topic/personal-finance) - [Auto](https://go.hfcu.org/blog/topic/auto) - [Business](https://go.hfcu.org/blog/topic/business) - [Credit Score](https://go.hfcu.org/blog/topic/credit-score) - [Home](https://go.hfcu.org/blog/topic/home) - [Credit Cards](https://go.hfcu.org/blog/topic/credit-cards) - [Life Changes](https://go.hfcu.org/blog/topic/life-changes) - [Insurance](https://go.hfcu.org/blog/topic/insurance) - [Investments](https://go.hfcu.org/blog/topic/investments) Filter by Category** - [Show All](https://go.hfcu.org/blog) - [Security](https://go.hfcu.org/blog/topic/security) - [Personal Finance](https://go.hfcu.org/blog/topic/personal-finance) - [Auto](https://go.hfcu.org/blog/topic/auto) - [Business](https://go.hfcu.org/blog/topic/business) - [Credit Score](https://go.hfcu.org/blog/topic/credit-score) - [Home](https://go.hfcu.org/blog/topic/home) - [Credit Cards](https://go.hfcu.org/blog/topic/credit-cards) - [Life Changes](https://go.hfcu.org/blog/topic/life-changes) - [Insurance](https://go.hfcu.org/blog/topic/insurance) - [Investments](https://go.hfcu.org/blog/topic/investments) ![woman on steps](https://go.hfcu.org/hubfs/woman%20on%20steps.png) ## Crush Lifestyle Creep ### Protect your financial future [Learn more](https://go.hfcu.org/blog/avoid-lifestyle-creep) ![romantic couple sitting on park bench looking at each other](https://go.hfcu.org/hubfs/older%20couple%20in%20love%20blog%20banner.png) ## Romance Scams ### Are you vulnerable to the latest ones? 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Ensuring it is properly and easily passed to your [beneficiaries](https://go.hfcu.org/blog/whats-the-difference-between-an-heir-and-a-beneficiary) is probably one of your main concerns... ](https://go.hfcu.org/blog/what-you-need-to-know-about-putting-your-home-in-a-trust) ** Home Estate Planning Home Equity Mortgage ** Brette Sember - [Read More ** 10 Feb ![father with young daughter in indoor tent reading a book](https://go.hfcu.org/hubfs/Blog%20Photos%20800%20x%20800px%20(34).jpg) Do I Need a Trust? A trust might sound like something only a very wealthy person needs, but a living trust is a common estate planning tool more and more people are becoming interested in because of the benefits it can.. ** Life Changes Estate Planning ** Brette Sember ](https://go.hfcu.org/blog/do-i-need-a-trust) - [Read More ** 31 Oct ![older man in hospital bed being hugged by young girl](https://go.hfcu.org/hubfs/Blog%20Photos%20800%20x%20800px%20(9).jpg) Executor vs. Power of Attorney: What's the Difference? There are several situations in which someone you care for may give you the legal authority to act on their behalf. Two of these situations are as the executor of an estate and through a power of.. ** Life Changes Estate Planning ** Brette Sember ](https://go.hfcu.org/blog/executor-vs.-power-of-attorney-whats-the-difference) - [Read More ** 11 Oct ![4 college students walking outside](https://go.hfcu.org/hubfs/Blog%20Photos%20800%20x%20800px%20(11).jpg) Estate Planning with 529 Plans Searching for ways to lower the federal taxes that your estate or heirs may owe after your death is exhausting. However, reducing tax liability through wise estate planning isn't as difficult as it.. ** College Estate Planning Taxes ** Tracy Scott ](https://go.hfcu.org/blog/estate-planning-with-529-plans) - [Read More ** 20 Oct ![retired couple with family](https://go.hfcu.org/hubfs/Untitled%20design%20-%202020-10-09T115008.144.jpg) ](https://go.hfcu.org/blog/passing-retirement-accounts-to-loved-ones) [The Rules for Passing Retirement Accounts to Loved Ones So you’ve written your [will](https://go.hfcu.org/blog/create-your-will-your-way-tips-to-get-started). Congratulations, you’re done with your estate planning. Or are you? Not so fast. You also need to make sure your hard-earned retirement savings go to the people you.. ](https://go.hfcu.org/blog/passing-retirement-accounts-to-loved-ones) ** Investments Life Changes Estate Planning Retirement Taxes Death ** MoneyWisdom Newsletter - [Read More ** 27 Apr ![silver being liquidated from estate](https://go.hfcu.org/hubfs/Untitled%20design%20(73).jpg) ](https://go.hfcu.org/blog/how-to-liquidate-an-estate) [How to Liquidate an Estate Along with grief, the loss of a loved one brings a big to-do list. First, there are funeral arrangements to be made. Then, you need to figure out what to do about [the will and/or trust ](https://go.hfcu.org/blog/estate-planning-101-the-difference-between-a-will-and-a-trust)(which may or.. ](https://go.hfcu.org/blog/how-to-liquidate-an-estate) ** Life Changes Estate Planning Death ** Dawn Weinberger - [Read More ** 03 Oct ![family playing on the floor](https://go.hfcu.org/hubfs/Blog%20Photos%20800%20x%20800px.jpg) 6 Things to Know About Leaving Money and Assets to Minors You’ve thought long and hard about who will take on guardianship of your minor children in the event of your death, and you want to make sure that a) this trusted friend or family member has enough.. ** Life Changes Estate Planning ** Dawn Weinberger ](https://go.hfcu.org/blog/6-things-to-know-about-leaving-money-and-assets-to-minors) - [Read More ** 07 Mar ![Will-Trust](https://go.hfcu.org/hubfs/Will-Trust.jpg) Estate Planning 101: The Difference Between A Will And A Trust If you have children, assets, or children *and* assets, estate planning is a must. Avoiding estate planning is risky because it leaves the fate of your finances — and more importantly, the welfare of.. ** Life Changes Estate Planning Death ** Dawn Weinberger ](https://go.hfcu.org/blog/estate-planning-101-the-difference-between-a-will-and-a-trust) [**](https://go.hfcu.org/blog/topic/estate-planning#) [1](https://go.hfcu.org/blog/topic/estate-planning/page/1) [**](https://go.hfcu.org/blog/topic/estate-planning#) ## You are Leaving Hanscom Federal Credit Union #### **Please read the following before proceeding to:** The website you are about to visit is solely the responsibility of the merchant or other party providing the site. The content of this third-party site, including materials and information, is solely the responsibility of the provider of the site. The Credit Union is not responsible for any such third-party content. 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The Credit Union Privacy Policy does not apply to this third-party site, and for further information you should consult the privacy disclosures of the third-party site. ### Popular Posts [What You Need to Know About Putting Your Home in a Trust](https://go.hfcu.org/blog/what-you-need-to-know-about-putting-your-home-in-a-trust) ![older man looking at top retirement worry on digital device](https://go.hfcu.org/hubfs/Untitled%20design%20-%202022-02-10T072804.753.jpg) [What You Need to Know About Your Federal Tax Bracket](https://go.hfcu.org/blog/what-you-need-to-know-about-your-tax-bracket) ![older man looking at top retirement worry on digital device](https://go.hfcu.org/hubfs/Untitled%20design%20-%202021-03-22T123305.900.jpg) [6 Boat Types to Get on the Water](https://go.hfcu.org/blog/6-boat-types-to-get-on-the-water) ![older man looking at top retirement worry on digital device](https://go.hfcu.org/hubfs/images/Jet_Ski.jpg) [Here's The Difference Between An Heir And A Beneficiary](https://go.hfcu.org/blog/whats-the-difference-between-an-heir-and-a-beneficiary) ![older man looking at top retirement worry on digital device](https://go.hfcu.org/hubfs/grandparents%20on%20beach.png) [23 Organizations Dedicated to the Needs of Seniors](https://go.hfcu.org/blog/23-organizations-dedicated-to-the-needs-of-seniors) ![older man looking at top retirement worry on digital device](https://go.hfcu.org/hubfs/Senior%20citizens.jpg) ### Recent Posts - [![National Credit Union Administration](https://go.hfcu.org/hs-fs/hubfs/NCUA-logo-small.png?width=95&name=NCUA-logo-small.png) ](https://www.ncua.gov/) [![Equal Housing Lender](https://go.hfcu.org/hs-fs/hubfs/EHL-logo-small.png?width=65&name=EHL-logo-small.png)](https://www.hud.gov/fairhousing) - @ 2023 [Hanscom Federal Credit Union](https://www.hfcu.org/) - Federally insured by the National Credit Union Administration. - [Privacy Policy](https://www.hfcu.org/content/docs/Privacy_Notice.pdf) **Disclosure:** Hanscom Federal Credit Union does not provide and is not responsible for any products, services, or overall website content available at any third-party sites linked within this blog. Moreover, Hanscom Federal Credit Union's privacy policies do not apply to any of the linked websites within this blog. Please consult the privacy disclosures on those linked sites for further information. ```json { "@context" : "http://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Hanscom Federal Credit Union" }, "dateModified" : "August 3, 2023, 2:55:51 PM", "datePublished" : "2022-05-16 18:57:25", "description" : "Estate Planning | Hanscom Federal Credit Union offers free financial education for our members and as an employee benefit for our business partners. Our mission is to help our members become MoneyWiser. Get tips, worksheets and information to help you achieve a balanced budget, save money and plan for your retirement.", "headline" : "HFCU Money Wisdom Blog listing page", "image" : { "@type" : "ImageObject", "url" : "" }, "mainEntityOfPage" : { "@id" : "https://go.hfcu.org/blog/topic/estate-planning", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://cdn2.hubspot.net/hubfs/118438/Logo%202.jpg" }, "name" : "Hanscom Federal Credit Union" } } ```