One reason people don’t like to talk about life insurance is that it involves thinking about death. The other reason is that they don’t know how much they need or what type to buy. So here’s a primer on the two main types of life insurance for those who are hesitant to ask or don’t like to talk about it.
Here’s the thing – none of us really know how long we have. Morbid? Yes. But the reality is, waiting until your older to get life insurance doesn’t add up. That’s why it pays to have a policy at any age. Here’s why…
An executor is the person who oversees the settling of your estate. This person will settle your debts, pay your taxes, and ensure that your beneficiaries are taken care of. It’s an important role. Here are three tips to help you find the right person to manage your will.
The words “executor” or “executrix” sound so official and responsible, right? That’s because it’s an important role. This is the person who is tasked with settling an estate, or will, after a death. It can be a big source of anxiety, but it can be a bit easier if you know what to expect. Let take a look at how it’s done…
Congrats! Getting married was a big step into a shared future together. But now with the celebration over and the honeymoon behind you, it’s time to set yourselves up for a well-planned happily ever after. Get started with this easy cheat sheet to help you along the way.
A will, also called a last will and testament, is a legal document that says who will get your property after you die (inheritors and beneficiaries), who will become the legal guardian for your minor children or other dependents (special needs adults), and who will make sure this stuff actually happens (your executor). See, how hard was that?
The role of the guardian should never be taken lightly since it’s essentially the role you have now as a parent. This person would care for your children or special needs adult and act in their best interests at all times, making it a difficult, but vital, decision you need to make.