Many individuals who live outside of America like to purchase real estate in America or invest in the U.S. Stock Market. It can be much safer than investing in other parts of the world and often times the individual has children who have moved to America to live or study. Florida and New York are […]
I just came across this useful web site by the US Treasury Department, so I thought I’d pass along the information: US Treasury– Death of a Bond Holder The important thing that you should know is as follows: If only one person is named on a savings bond, and that person is deceased, the bond […]
To determine who gets your money (Naming beneficiaries) To determine guardianship (Saying who will take care of you children) To determine who controls the money (Naming of executors and trustees) To minimize estate or inheritance taxes To avoid the cost of an insurance bond (If you do not allow for an executor or administrator to […]