<p>Inheriting property or other assets typically involves filing the appropriate tax forms with the IRS. Schedule K-1 (Form 1041) is ...
Category: Estate Planning
COVID-19 Gives a Boost to Estate Planning: How You Can Get a Will Doneâand FastCOVID-19 Gives a Boost to Estate Planning: How You Can Get a Will Doneâand Fast
<p>If you don't have a will or trustâor youâve never considered who will inherit your assetsânow's probably a good time ...
How to Teach Your Teen to Budget Like a ProHow to Teach Your Teen to Budget Like a Pro
<p>Here are some tips from fellow parents and experts in the personal finance space to teach your teen how to ...
What Is a Nuncupative Will?What Is a Nuncupative Will?
<p>Making a last will and testament is an important part of your estate plan and there are different types of ...
How to Change the Executor of a WillHow to Change the Executor of a Will
<p>Drafting a last will and testament can help to ensure that your assets are distributed according to your wishes after ...
Who Can and Cannot Witness a Will?Who Can and Cannot Witness a Will?
<p>A will is an important part of your financial plan. When you create a will and testament, youâre creating a ...
Fiduciary Bonds: Definition, Types, CostsFiduciary Bonds: Definition, Types, Costs
<p>A fiduciary bond, otherwise known as a probate bond, is a protective court bond that ensures a fiduciary will honor ...