When a loved one passes away it can generate a lot of financial confusion. This is especially true as different credit card companies, medical billing agencies, and other creditors need to be notified about the deceased’s passing. In these circumstances it can raise difficult questions around whether or not anyone else is responsible for the… Read More »
Monthly Archives: July 2021
Which Assets Are Not Subject to Intestate Succession?
Some assets do not pass through a will. This is because every state has intestate succession laws which allow property to be passed on to surviving family members in priority order even when no will exists. Typically only blood relatives and spouses are eligible to inherit under intestate succession laws. This means that charities, friends… Read More »
Which Assets Are Not Subject to Intestate Succession?
Some assets do not pass through a will. This is because every state has intestate succession laws which allow property to be passed on to surviving family members in priority order even when no will exists. Typically only blood relatives and spouses are eligible to inherit under intestate succession laws. This means that charities, friends… Read More »
How Does a Beneficiary Get Money from a Payable on Death Bank Account?
There are many different options when it comes to passing on your estate assets and many people will look for the simplest way to pass on assets to their loved one. In these circumstances a payable on death bank account is one streamlined way to allow a beneficiary in your estate to claim funds quickly…. Read More »
What Three Factors Make the Elderly Most Exposed to Financial Exploitation?
Unfortunately, far too many elderly people are exposed to financial exploitation every year. This problem is likely to get worse, which is why the government and family members are increasingly concerned about the possibility of exploitation. There are three primary sets of factors that work that make elderly more likely to be associated with financial… Read More »