Posts Tagged ‘ debt ’

What’s In a Will? 10 Common Clauses and Their Functions

By George Wythe [Public domain], via Wikimedia Commons

Today, let’s take a post to broadly work through the clauses that are in a typical will.  Why?  To remove some of the mystery and to show you how such a document is effective and even essential.  Read more...

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Probate In Real Life II: The Executor’s Duties and Liabilities

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Today, we continue our discussion of probate and the executor’s duties.  In Part I, we discussed what happens if a person named as executor does not want to serve.  In this post, we will cover the executor’s duties of preparing an inventory of the decedent’s property, controlling the estate’s assets, and his potential for personal…

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Building Your Estate: Emergency Funds

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Second in an occasional series about foundational financial planning strategies. What is an Emergency Fund? An emergency fund is an amount of money you set aside that only used for a “rainy day” – unexpected events that must be handled financially.  Read more...

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Building Your Estate: 2 Essential Debt Reduction Concepts

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First in an occasional series about foundational financial planning strategies. I have been fortunate enough to receive some nice feedback on this post about ways to spend an extra $1,000.  In the following weeks, I will take an individual look at each of the 12 foundational strategies listed as ways of building your “estate” more…

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