Tagged: beneficiary

Life Insurance Over 50

For individuals who are young and in good health, shopping for life insurance is often easy and stress-free. Most of the time, young people only need to decide how much coverage they want and apply for a free quote online. Some companies that market term life insurance coverage even let qualified applicants start their policies […]

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A Guide to Schedule K-1 (Form 1041)

Inheriting property or other assets typically involves filing the appropriate tax forms with the IRS. Schedule K-1 (Form 1041) is used to report a beneficiary’s share of an estate or trust, including income as well as credits, deductions and profits. … Continue reading →

The post A Guide to Schedule K-1 (Form 1041) appeared first on SmartAsset Blog.

Options for Saving for College – No Matter How Old Your Kids Are

The post Options for Saving for College – No Matter How Old Your Kids Are appeared first on Penny Pinchin' Mom.

It seems as soon as our children are born, we’re planning for their future. Without being able to see eighteen years ahead, how can we know for sure what we’re up against and save accordingly? In this series, we’re going to break down saving for college one phase of life at a time. THE SMART … Read More about Options for Saving for College – No Matter How Old Your Kids Are

The post Options for Saving for College – No Matter How Old Your Kids Are appeared first on Penny Pinchin' Mom.

Final Expense Life Insurance: What You Need to Know

Also known as burial or funeral insurance, final expense life insurance is a variant of whole life insurance designed to cover a single expense after the policyholder passes away. Often aimed at seniors, these insurance policies have reasonable monthly premiums but generally pay much smaller death benefits than term life insurance policies. What is Final […]

Final Expense Life Insurance: What You Need to Know is a post from Pocket Your Dollars.

Why You Need to Open a UGMA/UTMA Account for Your Kids

Saving and investing for college expenses may seem overwhelming, but setting aside even small amounts can give your child a head start. While many people are aware of tax-efficient investing accounts like 529 plans, you may not know about UGMA/UTMA accounts – another way to save for educational and other expenses.

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The post Why You Need to Open a UGMA/UTMA Account for Your Kids appeared first on MintLife Blog.

Why UGMA/UTMA Accounts Are the Perfect Holiday Gift

If you have a special child in your life, you may be wondering what to put under the tree this year. One long-lasting and truly meaningful way to show the child in your life that you care is by taking…

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The post Why UGMA/UTMA Accounts Are the Perfect Holiday Gift appeared first on MintLife Blog.

Per Stirpes vs. Per Capita in Estate Planning

When creating an estate plan, one of the most basic documents you may wish to include is a will. If you have a more complicated estate, you might also need to have a trust in place. Both a will and … Continue reading →

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