One misconception people have about life insurance is that naming beneficiaries is all you have to do to ensure the benefits will be available for a surviving spouse, children, or other intended beneficiary. Life insurance is an important estate planning tool, but without certain protections in place, there's no guarantee that your spouse...

Once you have determined that you need a will, gathering the information that will be needed for proper drafting is not usually difficult. A will preparation checklist can ensure that your will properly addresses all your needs. Remember that if you die without a will, a probate court will have no way...

When you pass away, your family may need to visit a probate court in order to claim their inheritance. This can happen if you own property (like a house, car, bank account, investment account, or other asset) in only your name. Although having a will is a good basic form...