Your 401(k) doesn’t just disappear when you die. Here’s how it’s transferred, who gets it, the tax impact, and why ...

One of the most important aspects of estate planning is choosing who you’d like to be your beneficiaries. A beneficiary is someone who is named to receive a financial gift from an estate or a specific ...

If you want to leave your individual retirement account (IRA) to your grandchildren, you should know that minors can’t inherit an IRA directly. Instead, a custodian should be appointed until the minor ...

DALLAS — A will is one of those things that a lot of us put off as long as possible. All that paperwork, those details, the intimidating legalese, and thinking about dying –they’re all good reasons to ...

A beneficiary is someone who receives a financial asset that was once owned by someone else. Choosing beneficiaries helps ...

In a recent article in Financial Planning, retirement plan expert Ed Slott, reminded those who participate in company retirement plans to make sure they name beneficiaries. In the absence of a ...

If you have a life insurance policy, you have named a beneficiary—usually a family member who will receive a payment based on the life insurance policy after your death. You may have also named a ...

During my years working in financial and retirement planning, one thing became very clear: many people don’t understand the stamp duty and costs their estate will face when they die. I often had to ...