Life insurance is built around beneficiaries who will receive the benefits of your life insurance payout when you pass away. However, from time to time, your named beneficiary cannot collect the ...

Q. Can you explain the regulations regarding successor beneficiaries of IRAs? A. A successor beneficiary is the named beneficiary of an individual who has inherited an IRA. It’s important, if you are ...

Olivia’s maternal grandfather died when she was a teenager, and it wasn’t until then that she learned of the 529 plan. The ...

Make sure you follow the proper process to avoid adverse consequences Reviewed by Ebony Howard Disclaiming an inheritance is declining to receive inherited assets. Unlikely as it may seem, some ...

Editor’s Note: Under regulations finalized in 2024, an account owner is treated as having no eligible designated beneficiary if the owner has multiple designated beneficiaries and one of those ...

Forbes contributors publish independent expert analyses and insights. Bob Carlson researches all facets of retirement finances. Congress and the IRS made inheriting an IRA a very complicated, ...

Naming a successor trustee can help ensure your assets are distributed according to your wishes after you die. Many, or all, of the products featured on this page are from our advertising partners who ...

The SECURE Act changed the rules for many individuals who inherited individual retirement accounts. However, even though SECURE took effect five years ago, advisors continue to receive questions from ...

Learn how trust funds work, their benefits, and the differences between revocable and irrevocable funds. Understand how they manage and protect assets for beneficiaries.