Can You Give Away Real Property and Avoid Probate Court?
Takeaways When passing property to heirs, using a deed can help avoid probate court. However, deeds have downsides, such as limited flexibility and lack of creditor protection for beneficiaries. If you plan to pass your home on to a family member through your will,...
Generation Gaps Among Americans in Retirement Planning
Takeaways Retirement planning confidence varies significantly across generations, influenced by economic factors and unique challenges. Current retirees advise paying down debt, beginning to save early, and utilizing employer-sponsored plans for successful retirement....
How Estate Plans Can Help Family Members Avoid Legal Battles
Takeaways Family problems can become legal issues when a loved one needs end-of-life care or passes away, leaving an inheritance. A comprehensive estate plan can help your loved ones avoid family fights by addressing potential issues before they become legal...
Wealth Building With Cryptocurrency: A Generational Divide
Takeaways Many older Americans shy away from cryptocurrencies as an investment vehicle for their retirement. Millennials and Gen Z also view cryptocurrencies as risky — but as a risk worth taking. We’re living in an increasingly digital world where virtually all areas...