An untimely death can raise estate issues in very pointed ways.
In the first part of this post, we explained why federal regulators have issued rules to help surviving spouses and other heirs who wish to assume a mortgage after the mortgage holder dies.
When a husband or wife dies, the surviving spouse is not only faced with a difficult emotional loss. There are also typically various estate administration issues to be taken care of.
In the age of the Internet, estate planning increasingly includes decisions about digital data that would have been inconceivable a generation ago.
In last week's post, we wrote about the importance of updating beneficiary designations in life insurance policies and on retirement accounts. The reason for doing so is simple: to make sure the designations continue to express the priorities of the policy or account holder.