Your physical death does not automatically mean your social media death. When you are alive, you can make provisions for what happens to your social media accounts when you die. Most forms of social media have an option to nominate a legacy contact who will have...
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Is life insurance part of your estate plan?
You have a life insurance policy because you want to know that your family will be taken care of when you pass away. You can’t predict when that will be, but you know that you can have a policy in place in advance so that no one has to worry. In this sense, life...
Will divorce affect your child’s academic development and prospects?
Parents often worry about how a divorce may affect their children. In particular, they sometimes worry that the break in the family unit will derail their child's development and stall their academic progress. According to a 2019 study published by researchers at The...
Will your spouse give away assets to hide them?
You want to get divorced, and your spouse is not too pleased about it. They’re also the person who takes care of most of the family finances, so you are well aware that they have control over the money. Are they going to try to hide assets in any way? No one is...
Could disinheriting someone actually be the right thing to do?
When you talk about disinheriting people -- leaving them out of your will and estate plan -- it’s often viewed as a negative thing. For instance, maybe you have a child who is irresponsible with money or has had frequent arrests for drug use. Cutting them out of the...
The link between mental health and divorce
For those who struggle with mental health issues, they know just how these can take over your life. They’re often “invisible” ailments to outsiders, which can make it harder for other people to understand how they impact your life. One way they could influence your...
Why would you use an incentive trust?
A trust can be used for numerous things. The trust itself is just a way to set money for an heir and to be distributed in accordance with the instructions. One of the most common examples is an educational trust, which often puts money aside for college tuition, but a...