Investing in real estate through a retirement plan, such as a self-directed 401K plan, can be a great way to diversify your retirement portfolio. But there are rules and regulations that you must follow to ensure that you stay on the right side of the law. In this article, we’ll look at the self-directed 401K…
A revocable trust is an estate planning tool that can be used to protect assets and manage financial affairs. It can provide great flexibility and control for the grantor, allowing them to change the terms or revoke it at any time. However, there are certain situations in which a revocable trust may become irrevocable, meaning…
When it comes to estate planning, many people have heard of executors and trustees, but may not be sure what their differences are. It’s important to understand the roles of these two individuals, as they’re both vital parts of ensuring an estate is handled properly. In this article, we’ll discuss the differences between a trustee…
When a loved one passes away, the task of settling their estate falls to the executor or administrator. It’s important to understand the differences between these two roles so that you know who is responsible for what when it comes to managing a deceased person’s estate. This article will discuss what an executor and an…
Investing in stocks can be an exciting experience, and it’s something that many young people want to get involved in. However, if you’re under 18, you may think investing in stocks is out of reach. That’s not the case! There are several ways for anyone under 18 to invest in stocks, but some rules need…