Revocable vs. Irrevocable Living Trusts
admin Revocable Trust Irrevocable Trust Can be changed (or revoked) at any time Cannot be changed once it is signed (with rare legal exceptions) Grantor can act as trustee Grantor must…
How Probate Affects Tenants-in-Common Property
Holding title to property as tenants in common typically doesn’t avoid probate, at least not without a little help. Certain laws and rules determine who will inherit a decedent’s ownership…
What Happens When a Beneficiary Dies During Probate?
A number of things can happen when a beneficiary of an estate dies during probate, and the occurrence isn’t as farfetched as it might seem. Several months or even years…
Saving Rate Falls to Lowest Since Great Recession
That’s how little income Americans saved in April, the least for any month since the depths of the Great Recession and a clear sign of how hard inflation is hammering…
Which Credit Card Dates Matter Most?
Having a credit card means being accountable for repayment of every cent you charge to your account, but your responsibility extends far beyond debt repayment. As a cardholder and responsible…
3 Credit Unions You Can Join Online (From Anywhere)
Credit unions have a reputation for offering great rates on loans and savings accounts while keeping fees low. Ideally, you can find excellent customer service and banking products in your…
As Consumers Keep Spending, Inflation Eases Slightly
Consumers forged ahead in April, continuing to spend money as a closely watched measure of inflation slowed a bit, reports showed Friday. Here’s a quick look at the most significant…
What Is a Semi-Structured Interview?
When you’re job searching, you may encounter many different types of interviews as you go through the hiring process at different companies. One common interviewing technique is a semi-structured interview.…
What Is Wedding Insurance?
Definition and Example of Wedding Insurance Like other types of event insurance, wedding insurance is designed to protect you from various potential losses associated with your big day. These events…
Reasons to Consolidate Retirement Accounts
You can consolidate retirement accounts by transferring money from multiple accounts into one established IRA account (or into a new IRA you open). This is called an “IRA rollover.” Here…