The task of naming beneficiaries is one of the most important stages of estate planning. It ensures that the right people inherit your estate according to you wishes. However, there are a few common mistakes that may derail your plans if you aren’t careful. For example, your wishes may not be realized if you:
Fail To Name an Alternate Beneficiary
An alternate beneficiary inherits an account or asset if the primary beneficiary isn’t able (meaning they are deceased) to or isn’t willing to inherit it.…
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One of the most contentious issues that spouses argue and debate over during the divorce proceedings involves custody arrangements for the children. Approximately 23 million American children currently reside in single-parent households, which shows just how prevalent custody issues can be. If you have suspicions regarding how safe your children are when they are with your ex-spouse, you can rely on private investigators to get to the bottom of how well the children are being treated.…
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Debt collectors can be scary for many people, but then again, so can the idea of filing for bankruptcy protection. While bankruptcy should never be used as an easy out to wipe out debt and go back to old habits, bankruptcy can be a valuable tool for those who need it. Whether you are a facing insurmountable debt or not, the following myths may have you confused as to the reality behind bankruptcy protections under the law.…
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