Many people use the terms "heir" and "beneficiary" interchangeably, but there are important differences between the two designations. Here's how an heir and a beneficiary differ:
My daughter is a college student and she has a credit card. She didn’t use it to buy plane tickets or expensive electronic gadgets, just gas, groceries, and a few drugstore items. But it all added..
Weddings have a reputation for being incredibly expensive, and it can certainly be true. Even though there are less costly ways to have a wedding, the average cost for a wedding in the United States..
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..
There are several situations in which someone you care for may give you the legal authority to act on their behalf.
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When I went off to college, my parents took me into the local bank, set me up with my first checking account and that was it. No sage advice. No spreadsheet. No CliffsNotes version of Personal..
If you or your spouse have filed for divorce, you may have the overwhelming urge to change beneficiary designations on your checking and share accounts, personal investments, life insurance, and..
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