Estate Planning Checklist to Do Before You Die

This pre-death checklist will get your affairs in order. When Aretha Franklin died intestate—without a legal will—in 2018, she joined a surprisingly long list of famous people, including Prince, who also did the same. By not preparing an estate plan, she made the task...

401k Retirement Planning

401(k)s can be a major factor in retirement planning, adding thousands, or potentially millions, to your savings. Discover the different types of 401(k) plans, how and when to withdraw your funds, and where a 401(k) fits into your retirement strategy. Saving for...

The Chapter 7 Trustee, the Bankruptcy Estate, and Claims

When you first learn about Chapter 7 bankruptcy, there are some key elements to understand. These terms are important to know and can help you see the process, and the people along the way, clearly. Person: The Case Trustee When a Chapter 7 petition is filed, the U.S....

Individual Retirement Account (IRA)

What Is an Individual Retirement Account (IRA)? An individual retirement account (IRA) is a savings account with tax advantages that individuals can open to save and invest in the long term. Like a 401(k) account that an employee obtains as a benefit from their...

Exempt Property in a Chapter 13 Bankruptcy

A Chapter 13 bankruptcy involves the reorganization of a debtor’s assets and the creation of a repayment plan to pay back creditors for debts. This is different from a Chapter 7 bankruptcy (liquidation), which requires that property that does not fall under one...