A beneficiary is someone who receives a financial asset that was once owned by someone else. Choosing beneficiaries helps ...

It can be an individual, a charity or a trust that you've set up. You can have one beneficiary for an account or other asset, or divide it among several. Beneficiaries are different from heirs ...

In reality, life tends to become much more complicated when a trust or estate is named as a retirement account beneficiary—but that doesn’t mean the inherited IRA funds will automatically be ...

I want to have a plan in place to make sure my daughter is taken care of if I die, so I'm making setting up a trust a ...

When former Kellogg’s CFO Charles Elliott passed away in 2022, he left behind a carefully planned estate – with one flaw.

Christy Bieber has a JD from UCLA School of Law and began her career as a college instructor and textbook author. She has been writing full time for over a decade with a focus on making financial ...

Your investment account’s transfer process after death depends on how you’ve set it up – from quick transfers with proper ...

Her trust assets will be distributed to 15 beneficiaries. She did not own real estate. She had CDs, bonds, a ROTH IRA, a traditional IRA and a brokerage account, all titled in the trust. My question ...

Roland Asare, a former beneficiary of Multimedia Group Limited’s EDUCARE Trust Fund, has defied the odds and achieved his dream of becoming a medical doctor. Dr. Asare’s journey began on ...