When someone dies, even seemingly simple assets like bank accounts can become complicated fast. Whether those funds can get ...

Proper account titling and beneficiary designations prevent estate plan failures and ensure smooth asset transfers for ...

An individual retirement account (IRA) can be a significant estate asset. How the account is handled depends on whether a ...

French athlete and former Mountain Bike champion Aurelien Fontenoy makes a bungee jump on his bike from the Artuby bridge, the highest bridge in Europe with 182 m of height, near Comps-sur-Artuby on ...

Your 401(k) doesn’t just disappear when you die. Here’s how it’s transferred, who gets it, the tax impact, and why beneficiary updates matter more than you think.

If you’ve ever opened an IRA, CD or brokerage account — or bought an annuity, life insurance policy or shares of a mutual fund — you’ve been asked to name a beneficiary, or a person who will inherit ...

It’s easy to assume your will has the final say over who inherits your money, but that’s not always true. Just one bank account beneficiary form can quietly override written estate plans and redirect ...

Life doesn’t stand still, and neither should your financial documents. Marriage, divorce, the birth or adoption of children or grandchildren, the death of a previously named beneficiary, or changes in ...

Beneficiary designations are one of the major gaps in many retirement and estate plans. A recent court case shows the ...

I have written previously about the tax advantages associated with health savings accounts (HSAs). Contributions are tax-deductible regardless of income. Returns on contributions grow tax-deferred. As ...