Like many aspects of personal finance, estate planning can be daunting. You’ll encounter complicated terms, intimidating procedures and it’s all about your inevitable demise. Of course, everyone ...
Ah, those Latin words that lawyers love. Or, at least, used to. These days most lawyers do try to communicate in English, but some Latin terms persist because they are shorthand for well understood in ...
The new system is known both as "representation," and "per capita at each generation," and is taken from the Uniform Probate Code. It has two basic principles, which are illustrated by the examples ...
If your life insurance beneficiary dies before you, the payout may go to a contingent beneficiary or your estate, depending on how you set up the policy. You can choose how death benefits are ...