It is not uncommon for people to fear that their family might have to pay back their debts after they die. Understanding what happens to your property, including your debts, is vital for anyone who wants to craft an estate plan. Further, common fears, such as leaving your debts to your family to repay, can often be alleviated simply by gaining a better understanding of the probate and … read more
Financial Planning
Basic Estate Planning Questions – What is a Fiduciary?
The question of “what is a fiduciary” is a common one amongst people who are just beginning the estate planning process. In today's blog entry in our ongoing series on basic estate planning questions, we are going to take a look at fiduciaries, what they do, and why they are important. Understanding what a fiduciary does will help you feel a lot more comfortable about the people or … read more
Student Loans, College Students, and Estate Debts
When it comes to topics that college students are likely to know little about, estate planning is near the top of the list. The reality is that most young people have little incentive to consider what might happen in the event they become incapacitated or die. Nevertheless, with rising student debt amounts, and more and more students choosing to opt for private student loans, the issue … read more
