Diego Maradona’s death has triggered an outpouring of grief around the world. Now comes the scramble for a share of the soccer legend’s complex financial legacy, ranging from his iconic jerseys to luxury cars, image rights and even an amphibious tank.
A last will and testament is a straightforward estate planning tool, used to determine the beneficiaries of your assets when you die, and, if you have minor children, nominating a guardian who will raise your children. Wills can be very specific but can’t enforce all of your wishes. For example, if you want to leave…
Lack of understanding around estate planning may be leading Americans to avoid getting a will, even as interest is on the rise due to the global pandemic, according to a new survey from financial services leader Policygenius.
A friend of the late Kenny Rogers is being sued by the singer’s estate for allegedly producing an unauthorized DVD of The Gambler’s farewell tour.
Regardless of the Supreme Court’s ultimate decision, work requirements are not expected to last long in the incoming Biden administration, which supports expanding access to coverage, not throwing up roadblocks to Medicaid enrollment.
If you pass away without a will, a state court generally decides who gets your assets and, if you have children, who will care for them.
If you get bogged down with a high balance that you can’t easily afford to pay off, it can take years to get out of debt. However, what happens to your credit card debt, if you die before you’ve repaid it?
A recent court order could give up to 15,000 Vietnam veterans previously denied disability benefits, an average of $28,000 in backdated payouts, but federal officials could still yet try to appeal the ruling in coming weeks.
There’s much to plan for in life — college, your wedding, your first child, life insurance — and with more than enough to keep you busy, it’s easy to forget about your will. After all, no one wants to sit around and dwell on their death, but it is perhaps one of the most important decisions you will make in your life.
If you are concerned about incurring debt after a family member’s death or are worried how your own debt will impact your family, here are some things you should know.