#family-financial-planning

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from24/7 Wall St.
3 months ago
Miscellaneous

My father passed away 3 years ago and I'm having trouble getting his 401(k) - is it stuck?

Proper estate planning, including beneficiary designations on 401(k)s, is essential to avoid inheritance conflicts.
Communication with parents about their wishes can simplify the inheritance process.
from24/7 Wall St.
3 months ago
Miscellaneous

I'm in my 50s with a $3 million term life insurance that I don't have a need for - should I keep or cancel it?

Term life insurance may no longer be necessary for financially independent individuals.
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