July 14, 2022 If you have a 401(k), an IRA or a life insurance policy, you’re likely familiar with a beneficiary designation form and how it works. An individual or entity of your choosing can be named to receive your assets when you pass away. You even have the flexibility to allocate the percentage each … Continued
In the simplest of terms, a trust is a financial arrangement that allows another person, known as the trustee, to hold assets for the well-being of a beneficiary. There are many benefits to creating a trust: privacy, control, legacy protection and tax savings. Once the trust has been created and funded, it is the trustee’s … Continued
I can now fully understand from firsthand experience what it means to want the very best for your child. As the mother of a 2½-yearold, I am fortunate in that it is still relatively easy to meet all of my daughter’s needs and to make her happy. While raising children in Silicon Valley — or … Continued