What is an estate plan?
The Bankrate.com financial term of the day is: "Estate plan."
The phrase "estate plan" may give you a mental image of a gazillionaire sitting down with an architect and going over blueprints for a new mansion. But it's actually a term that may be relevant even for those worth far less than big bucks. It's a strategy for leaving property to your loved ones when you die, while trying to make sure they don't also get stuck with a big tax bill to go along with that inheritance.
As they say, you can't take it with you -- so create an estate plan to determine where it goes when you're gone.
To find a certified financial planner to help with your estate plan, visit the retirement section at Bankrate.com.
Here are some ways to get organic foods you want without breaking your budget.
Food costs eating up your budget? Try growing your own produce.
Planning, clipping and budgeting can save you money on your food bill.
Getting fit is a reward in itself. But you can also save cash while trimming your waistline.
Are Americans more likely to invest in stocks now that rates on savings accounts and CDs are so low?
Finding a trusted financial adviser can be well worth the fees in the long run.
Follow these tips to choose from the many different funds to invest in for your 401(k).
Bankrate wants to hear from you and encourages thoughtful and constructive comments. We ask that you stay focused on the story topic, respect other people's opinions, and avoid profanity, offensive statements, illegal contents and advertisement posts. Comments are not reviewed before they are posted. Bankrate reserves the right (but is not obligated) to edit or delete your comments. Please avoid posting private or confidential information, and also keep in mind that anything you post may be disclosed, published, transmitted or reused.