Oftentimes, we think of every detail in advance of our unfortunate demise … except paying for the final ceremony. You may assume that a life-insurance policy covers the cost of a funeral, but that’s not always the case — and these expenses can quickly add up. In November 2021, the National Fun...
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If you add up the value of everything you own and subtract the value of everything you owe, that’s called your net worth. When you pass, it’s called your estate. While you’re still alive, you have the opportunity to designate how to divide your estate among your family and friends ...
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If you are like many individuals in the early years of your adult life, you very well may have given little to no thought to the matter of estate planning. If you’ve started a family, the time definitely has arrived for you to begin the process of estate planning. This is the case if you’...
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While you want to be as detailed as possible when creating your last will, there are numerous factors you should avoid. The most efficient way to decide what to include is by working with a trusted attorney. Of course, they will charge for their services, but hiring an expert gains valuable knowledg...
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Life insurance is an important policy to have when pre-planning your estate. Chances are, you will have remaining debts and taxes to be paid after death. A qualified policy can help alleviate the financial strain of an emotional family that will already be suffering your loss. If you’re still on the...
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A life insurance policy means more than leaving something behind for your loved ones; it should also cover funeral expenses and fund your financial responsibilities. Determine the amount you owe and adjust your plan with an insurance agent. Your family members will be dealing with grief at the time ...
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