Back to News
investment

Don't Let the Court Decide: Test Your Knowledge on Avoiding Probate

Kiplinger
Loading...
3 min read
1 views
0 likes
Don't Let the Court Decide: Test Your Knowledge on Avoiding Probate

Summarize this article with:

From $107.88 $24.99Subscribe to KiplingerTest your basic understanding of why having a estate plan is crucial to avoiding probate in our quick quiz. When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. This short, six-question quiz tests your basic understanding of why a comprehensive estate plan is crucial. We'll focus specifically on the key differences between asset transfers through court-supervised probate and through private estate planning tools like a revocable living trust.Get started to see how well you understand the benefits of planning for the future and ensuring your final wishes are carried out efficiently and privately. And don't worry if you miss an answer; you can follow the links below the quiz to brush up on your knowledge.Become a smarter, better informed investor. Subscribe from just $107.88 $24.99, plus get up to 4 Special IssuesProfit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.Profit and prosper with the best of expert advice - straight to your e-mail.Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more. Delivered daily. Enter your email in the box and click Sign Me Up.Donna joined Kiplinger as a personal finance writer in 2023. She spent more than a decade as the contributing editor of J.K.Lasser's Your Income Tax Guide and edited state specific legal treatises at ALM Media. She has shared her expertise as a guest on Bloomberg, CNN, Fox, NPR, CNBC and many other media outlets around the nation. She is a graduate of Brooklyn Law School and the University at Buffalo. Changing tax rules and falling interest rates mean financial planning is more important than ever as 2025 ends. There's still time to make these five key moves. The children of Morgan Clayton share how their father's wisdom, life experience and caring nature have turned their family business into a respected powerhouse. Oracle and Broadcom continued to fall, while market participants looked ahead to Tuesday's jobs report. Changing tax rules and falling interest rates mean financial planning is more important than ever as 2025 ends. There's still time to make these five key moves. You're off to great places! Why Dr. Seuss is the retirement guru you didn't know you needed. Many people find a financial adviser by searching online or asking for referrals from friends or family. This can actually end up costing you big-time. You're comfortably retired and want to give your grandkids a big Christmas check, but their parents are worried they might spend it all. We ask the pros for help. Roth conversions and other Roth strategies can be complex, but don't dismiss these tax planning tools outright. They could really work for you and your heirs. A retirement psychologist makes the case: A fulfilling retirement begins with a blueprint for living, rather than simply the accumulation of a large nest egg. Rather than letting the unknowns make you anxious, focus on building a flexible income strategy that can adapt to possible future Social Security changes. A "Stoic retirement" doesn't mean depriving yourself. It's a character-based approach to life and aging that can bring calm and clarity. Kiplinger is part of Future US Inc, an international media group and leading digital publisher. Visit our corporate site. © Future US, Inc. Full 7th Floor, 130 West 42nd Street, New York, NY 10036.

Read Original

Source Information

Source: Kiplinger