When an IRA owner dies, surviving spouses suddenly inherit more than memories. They inherit a stack of decisions wrapped in IRS fine print.
In many instances, spouses execute what is referred to as reciprocal wills. What this means is that each spouse designates the other as the entire beneficiary or the primary beneficiary of their ...
To better understand their potential benefits and financial risks in retirement, both spouses should be aware of some benefits planning realities.
It's of course very difficult to lose your spouse — and some survivors may also have to deal with the shock of higher taxes after their wife or husband dies. Stream Los Angeles News for free, 24/7, ...
Despite an intention to add a spouse or domestic partner to their Will, at times a decedent may neglect to do so prior to his/her death. Under such circumstances, however, a surviving spouse or ...
Losing a spouse brings immense emotional weight and, often, unexpected financial decisions. For many surviving spouses, one of the most complicated and confusing tasks is deciding what to do with the ...
Debt collectors may pressure surviving spouses to pay debts they are not legally responsible for. It is important to understand which debts transfer to a surviving spouse, as laws vary by state.
Grief can cloud your judgment, and some decisions can have dire consequences in the future ...
Domestic partners have the same rights as surviving spouses in Rhode Island regarding vehicle titles. It is recommended to obtain a title in the sister's name before selling to avoid complications.