
Despite Pandemic, Many Still Don’t Have an Estate Plan
The Covid-19 has produced a rise in estate planning…but not a large enough one. Most Americans still do not have a last will and testament.

The Covid-19 has produced a rise in estate planning…but not a large enough one. Most Americans still do not have a last will and testament.

The heirs of Samsung Electronics Co. Chairman Lee Kun-hee, who died Sunday, could face billions of dollars in inheritance taxes. However, that doesn’t necessarily mean they’ll have to cede control over the group by selling shares.

When dealing with the emotional pain of the loss of a loved one, family members also have to address daunting administrative tasks.

Cold water swimming may protect the brain from degenerative diseases like dementia, researchers from Cambridge University have discovered.

Here’s a closer look at the seven biggest changes to Social Security in 2021

After art dealer Andre Zarre died in July, at age 78, his relatives got a surprise call from someone named Jose Yeje, co-owner of a deli in Queens. Yeje told them that, just nine days before his death, Zarre changed his will to name Yeje as the executor and sole beneficiary of his estate, which is worth millions.

In addition to writing wills, Minnesotans are now setting up trusts to care for pets, ranging from dogs and horses to parrots and raccoons.

If you have not already been inundated with invitations to webinars, articles and newsletters regarding estate planning, you should consider doing so before the end of the year, since you undoubtedly will receive these over the next few months.

Cornelius Vanderbilt was among the richest Americans ever to have lived. Born in 1794, he built his fortune on railroads and shipping. To put his wealth into context, in today’s dollars when adding inflation, his fortune would be worth $215.7 billion.

Seniors with limited income need to find ways to lower their medical costs. Here are some options for keeping those healthcare bills in check.