Traditionally, custodial accounts under the Uniform Gifts to Minors Act (UGMA) or the Uniform Transfers to Minors Act (UTMA), were used to gift or transfer money or other assets (up to $13,000 per year) to a minor and manage those assets on the minor’s behalf until they reach the age of majority.

Probate is the process by which your Last Will and Testament will be evaluated and deemed valid in a court of law.

While it is almost impossible to disinherit your spouse without his or her written consent.

Inheriting money is a bittersweet event. While we may suddenly find ourselves in a financially advantageous position, we have also suffered the loss of a relative or friend.

If you’ve been asked to be an executor to someone’s estate, it’s not surprising to have mixed feelings.

We typically spend the first thirty years of our adult lives gathering assets which we'll consume during the last thirty years of our lives.