Effective estate planning is just as important, if not more important, for people without children as it is for people with children.
The U.S. housing market is finally on the upswing, and one contributing factor could be the uptick in international buyers who are purchasing property in America.
During the estate planning process, most people focus primarily on making sure their children are provided for, and they give little thought to their digital accounts. But people often underestimate just how much of their lives take place online these days.
Being named as an executor of an estate is not a small job. Ultimately, the responsibility of the executor is to make sure that a person’s last wishes are granted, according to his or her last will and testament.
There is a common misconception that just having a will in place will be sufficient to protect a person's wishes and assets. People assume that they can draw up a will, expect that the terms will be carried out as specified and never have to worry about any potential disputes.
For years, distraught family members were angered and hurt over Facebook’s unwillingness to hand over the passwords of accounts belonging to members who had passed away. Instead, Facebook had the policy to put an automatic freeze on a member’s account after learning that the member had died.