Naming a bank account beneficiary ensures your money goes straight to your loved ones without getting tied up in costly, time-consuming probate. Most banks let you do this through a “Payable on Death” ...

If you’ve ever opened an IRA, CD or brokerage account — or bought an annuity, life insurance policy or shares of a mutual fund — you’ve been asked to name a beneficiary, or a person who will inherit ...

Your money can leave a lasting legacy and live on much longer than you do. And when set up properly, your assets can be transferred to family members easily after you die. Planning ahead of time can ...

Forbes contributors publish independent expert analyses and insights. Matthew F. Erskine is a trusts and estates attorney. The FDIC has issued final regulations that, as of April 1, 2024, will change ...

Almost every funded trust has one or more bank accounts – checking, savings, money market or certificates of deposit – and most of those accounts are insured by the FDIC. What many do not realize is ...

Jessica Gibson is a content update editor and writer for Investopedia. She has over 10 years of experience in digital publishing and three years of experience covering financial topics like insurance, ...

Managing estate assets and beneficiary interests can feel overwhelming, especially when emotions run high and details matter ...

Losing a loved one is never easy. Along with the emotional weight, there are often financial questions that need quick answers. One of the most common sources of confusion is what happens to a ...