Author: SmartSites

Many people wonder if converting IRA to Roth after age 60 is a good idea or even possible. The short answer is yes, it's both possible and can be a…

If you are in the process of planning your estate, you may have heard of terms such as wills and trusts. One of the reasons why trusts are increasingly popular…

When you hear the term business trust, what comes to mind? If you're unsure, you're not alone. Many people know about trusts in personal estate planning, but might not realize…

When we talk about preparing for the future, saving for retirement is a topic that often comes with a mix of concern and confusion. How much should you have saved…

Managing assets can sometimes feel overwhelming, especially when faced with the complexities of estate planning. However, understanding the role of a small estate affidavit can provide clarity and peace of…

You might have heard the term “trust fund baby” thrown around in conversations, often accompanied by assumptions and stereotypes. But what exactly does it mean to be labeled as such?…

When it comes to securing your children's financial future, setting up a trust fund can be an important step. However, it’s become apparent that the biggest mistake parents make when…

During your estate planning, you might have come across a legal term that's both important and complex: a testamentary trust.  Don't let the legal jargon intimidate you – understanding what…

Calculating your financial worth can feel troublesome, but it's an integral aspect of managing your money effectively. Understanding how to calculate net worth provides a clear picture of your financial…

When purchasing property, it’s important to know the distinctions between deed of trust vs. mortgage. These legal instruments play a pivotal role in property transactions, impacting both borrowers and lenders.…