Estate and Elder Law Information Center
Community Property or Separate Property? - Each state has its own set of rules when it comes to marital or community property. Most states operate under the common law system of property ownership, which makes it easy to understand which spouse owns what: If your name only is on the account, deed, …
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How To Manage An Estate During Probate - Executors have a high level of responsibility for as long as the probate process drags on — which can even be years in some cases. Your main objective? Prevent estate assets from being damaged or depreciated. You must make decisions based on the best …
How Much Can You Withdraw During Retirement? - The magic number for retirement is 4%. If you calculate that portion of your liquid assets in the year you hang up your hat and thereafter continue to adjust each year for inflation, you should be covered for about three decades. Or so the theory goes. …
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How To Value Items At Death - If you're the executor of an estate, part of your job is to oversee the valuation of assets. Finding out how much the estate is worth and how that value is distributed will determine your approach to probate, the allocation of the assets among the heirs and how much the …
Decluttering the Muddle of Multiple Retirement Accounts - Streamlining and consolidating multiple old retirement accounts can help you organize your retirement finances. Most employees move around these days, typically switching jobs 12 times over the course of their careers and spending about four …
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