Where Is the Best Place to Store Your Original Estate Planning Documents

KEY TAKEAWAYS Accessibility matters as much as security when storing estate planning documents. Safe deposit boxes can create access problems. A home safe can provide secure, accessible storage. Professional storage may offer another secure option. Make sure someone...

Life Insurance and Estate Planning: Why One Without the Other Leaves Your Family Exposed

You bought life insurance to take care of the people you love. Whether that money reaches them the way you intended depends on something most policyholders never stop to check: how the policy fits inside your Estate Plan. September is National Life Insurance Awareness...

Avoid These Common and Expensive Mistakes: How to Leave Assets to Minor Children

KEY TAKEAWAYS A simple will may not be enough when leaving assets to minor children. Your child’s guardian does not automatically control their inheritance. Court oversight can reduce the inheritance you intended for your child. A trust gives you greater control over...

Types of Life Insurance and How They Can Be Used in Estate Planning

KEY TAKEAWAYS Life insurance should evolve with your life. The lowest-cost option is not necessarily the right long-term choice. Different policies involve different levels of flexibility, risk, and responsibility. Life insurance can help protect assets you want to...