Trustee? Ask These Questions First
When a family member or friend asks you to serve as the trustee, it’s an honor, conveying they trust you to look out for the beneficiaries. It is also, of course, a big responsibility. Before…
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Trusts Are Helpful When…
We all need an estate plan. Frequently, a basic last will and testament is a great way to lay out your wishes and leave affairs organized for your loved ones. Sometimes, depending on your intentions…
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Airports Expanding: Billions Allocated
Quick question: What do Kalispell, Montana and Mascoutah, Illinois have in common? Airport expansion! It’s underway in New York City, Denver, LA, Charlotte, San Diego, Dallas, Austin and Orlando, too. Head’s up—bids are flying. Space,…
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Modernizing Business Processes: Notaries
Notaries providing remote online services transform business processes. Gone is the lag time associated with many routine tasks in finance, insurance and legal services. Experts point out that remote online notarization (RON) has additional benefits…
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Can You Execute My Will?
Executing a will is a big responsibility. It takes time and patience, and the administrative chores can be an extra challenge for those grieving. When you create a will, be thoughtful in your selection and…
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Accountable To Beneficiaries: Personal Representatives
The probate courts appoint personal representatives to settle the affairs of the deceased when there is no will. A personal representative takes control of the assets (aka estate) of the deceased and distributes them to…
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Action Steps for Fiduciaries: Cybersecurity
Observing that the cybersecurity guidance provided this year by the Department of Labor (DOL) is very high level, leaving details somewhat fuzzy, legal experts suggest specific actions for plan fiduciaries. Beware that the DOL…
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Fraud Control and Retirement Accounts?
In the face of heightened and ongoing security threats, the Society of Professional Asset Managers and Recordkeepers (SPARK) has developed specific recommendations about what plan sponsors can do to prevent retirement account fraud. The suggestions…
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Flawed Retirement Plans?
Experts observe that during the pandemic, participants started asking more questions about investment plans and fees, ultimately pointing to flaws that hinder retirement savings to thrive. Now, a swell of new ERISA lawsuits are advancing…
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