As the New Year progresses, there is no better time to start thinking about estate planning. To start your year off right, here is a checklist of the five must-have pieces to every solid estate plan. Read more.
With the proper estate planning, the following situations could have been avoided. The truth is, many fail to adequately plan their estate, which can potentially lead to outcomes such as these 5 worst-case scenarios. Read more.
With the state of the economy, the low unemployment rate for graduates, and the general cost of living, many children are continuing to live with their parents long after they turn eighteen. Having an adult child live with you can simultaneously be a benefit and a burden. Children at home can assist with the tasks that it gets harder to complete as one gets older. They can care for a house and its maintenance; they can care for you during times of sickness and in old age. Read more.
It seems pulled from the pages of a mystery story, but you may have heard it in the headlines recently. What happens if you win the lottery but die mysteriously shortly after?
Urooj Khan may have gotten lucky when he hit the jackpot for $1 million in the Illinois Lottery, but shortly after things took a terrible turn. Khan died this past July, days before he was set to collect $425,000 in lottery winnings. It first looked like a tragic yet unsuspecting death from natural causes, but after concern from his brother over the unfortunate timing, more tests on Khan’s body revealed that the actual cause of death was cyanide poisoning.
Unfortunately, for his loved ones, he died without a Will in place, deeming a court battle inevitable. Khan’s widow, Shabana Ansari, and his siblings fought for months over his estate, including his lottery winnings. Read more here.