A fiduciary deposit account is an account that’s owned by one or more persons but managed by another. The owner is known as the principal, while the manager is known as the fiduciary. These accounts are sometimes used to handle … Continue reading →

The post What Is a Fiduciary Deposit Account? appeared first on SmartAsset Blog.

When creating an estate plan, one of the most basic documents you may wish to include is a will. If you have a more complicated estate, you might also need to have a trust in place. Both a will and … Continue reading →

The post Per Stirpes vs. Per Capita in Estate Planning appeared first on SmartAsset Blog.

A will is an important part of your financial plan. When you create a will and testament, you’re creating a legal document that determines how your assets will be distributed once you pass away. You can also use a will … Continue reading →

The post Who Can and Cannot Witness a Will? appeared first on SmartAsset Blog.