|
 Estate
planning is vital
By
Bankrate.com
You have accumulated more assets,
bigger-ticket items and have more responsibilities. Estate
planning is vital. If you die without a will, the state becomes
the executor.
Links:
It's
never too early to make a living will, What
is a will?, Preparing
a will, What
in the world is a trust?, Beware
trust scams, Getting
a will through probate, Estate
executor: No job for amateurs, Picking
a guardian for your child estate planning, Financial
considerations for unmarried couple
Receiving an inheritance
Adopt a methodical approach, not an emotional
approach. Deposit the money into a liquid fund where it'll
earn interest. Step back, decide how you'll use the money,
then select the best investing vehicle to meet your overall
financial goals.
Links:
After
an inheritance, emotions, finances mingle,
The
ABCs of inheritance taxes, Estate
taxes basics, Reducing
estate taxes, Interviewing
a financial adviser, Investigating
a financial adviser
|
