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Posts tagged "blog"

What happens to debt when someone dies?

If you have recently lost a loved one, you may be finding every day a struggle. Even if the death did not come as a surprise, coming to terms with the loss of someone close to you is difficult even under the best of circumstances.

3 Surprising facts about probate

Did you know that your assets may go through the probate process once you pass away? Unless you transfer your assets to your heirs through a living trust, pay-on-death accounts, gifts or joint ownership, much of your estate may go through probate before distribution.

Don't forget to fund your trusts!

You may have spent a great deal of time setting up your estate plans to provide for your family when you die. But if you forget to fund your trusts, all your hard work may be in vain.

Giving sentimental items a place in your estate plan

This summer, the family of deceased Coast Guard captain Albert Frost almost lost the key to the city of Washington, presented to him in 1957. Only through a set of unlikely coincidences were they able to retrieve it before it was sold through an online auction.

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