There is a misconception out there that estate planning is only for people of a certain age. For example, you went through life already, had kids, sent them to college, and now have grandchildren; yet you do not have an estate plan. Even though you made it this far without a plan, it's still not too late to create one. You have a lot of beneficiaries to protect late in life. Estate planning is not just for young people.
Social media has become the forefront of our lives. Millions upon millions of people use various social media platforms multiple times per day. They share photos, videos, stories and other items with their followers. Social media can be a blessing -- but when it comes to divorce, social media can be a big curse. Here's why you should refrain from social media use while going through a divorce.
There are quite a few indirect impacts a divorce can have on your credit score. Just know that getting divorced in and of itself does not lower your credit score. There is no section for marital status on your credit report. It is how you handle all of the financial issues that come with divorce that impact your credit score and we will look at some of those issues in this post.
In many cases, your parents will have a trust or other legal document in place that prevents the family home from entering into probate when they die. It's not often that both parents die at the same time, but it isn't out of the realm of possibility for it to happen. If for some reason nothing was set up properly, you will need to follow the local procedure for transferring the deed of the home through probate.