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” ...

Navigating the financial affairs of a loved one who has recently died can be a tricky and complicated. This process includes unraveling the fate of any bank accounts the person held, which depends on ...

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 ...

Nobody likes thinking of the inevitable — death, the end of the road, or the big sleep. Yet estate planning, especially having clear beneficiaries listed for every account, is a crucial part of any ...

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 ...

When it comes to financial planning, many people assume that certain strategies or tools are only for the wealthy. However, one crucial element that everyone, regardless of income level, should review ...

Dealing with the death of a loved one is never easy. But when someone dies, there are often a lot of complex financial ...