Category Archives for 2003
Setting up a burial reserve
A few weeks ago I wrote a column on old life insurance policies often held by seniors. Everyone knows the type. Issued by such companies as Prudential, John Hancock and Met Life, these policies had face amounts of less than $10,000, often less than $2,000. People held on to them for what seemed like a […]
Continue readingUnderstanding the meaning of ‘probate’
Of all the misunderstood legal terms in estate planning, probably the most unfairly maligned is the idea of probate. In fact, probate has been so regularly attacked in popular periodicals and in do-it-yourself estate publications that average people have sometimes gone to great expense to avoid the process altogether. The result is that some authors […]
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