Wills and estate planning

Understanding beneficiary options in a life insurance policy
This article covers common beneficiary options for life insurance benefits, including how many beneficiaries you can name, different levels of beneficiaries and the importance of being specific.

Inheritance tax vs estate tax
Even after we're gone, our loved ones may have to pay taxes on the hard-earned money we left them. Or do they? Learn about inheritance and estate taxes.

Helpful estate planning tips for newlywed seniors
As a senior adult planning a trip down the aisle, it's important to understand the value of creating an estate plan that ultimately fulfills your wishes and obligations.

Gifting your life insurance policy to charity
Naming a charity as beneficiary of your life insurance is an ideal way to help out the causes you care about most and leave a financial legacy to ensure their good work continues.

Filing form 712
To ensure all taxes are in order when a life insurance policy is paid out, it is essential to understand IRS Federal Form 712. In this article, we'll cover what exactly form 712 is, and the who, where and how of filing it.

Estate planning basics: Updating your last will and testament
You basically have three choices when making changes to your Last Will and Testament: create a new will, make a codicil to your will, or simply alter your existing will.

How to build an "in case of death binder"
Death isn't a topic most people want to spend their free time thinking about. However, planning can help you do everything you can to ensure your loved ones are not left scrambling after you pass away.