Role of Insurance in Estate Planning
Failure to plan can mean unnecessary hardship for loved ones. The hardship can be financial (not having sufficient money to live on) or emotional (a feeling that the parent treated the children unequally). Life Insurance Reasons to have one: For heirs: Immediate cash for payment of debts and burial. Elimination...
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Why Single People Need Estate Planning
Generally, most estate planning literature focuses on married individuals. However, according to the Census Bureau, in 2013 almost half of Americans age 15 and older were single. If you are single and die intestate (without a will) your money will be distributed in ways you may not like. Where the Money Will Go if...
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