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The executor must show the beneficiaries or heirs an account of the deceased’s estate unless they waive the privilege. This accounting proves that the executor has settled the estate in accordance with the wishes of the deceased. Why is it necessary for executors to provide beneficiaries with a statement of accounts? The executor has a […]

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Tenancy in severalty — also called sole ownership, ownership in severalty or sole and separate ownership — is a way of titling real estate to signify that you own the property by yourself rather than jointly. In a legal context, the term severalty indicates that the owner has severed their interest from others and is […]

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Some Americans keep financial secrets hidden from loved ones. These secrets include whether or not they are in credit card debt, and the amount. NerdWallet found in its annual report on consumer credit cards that about one-third of Americans who have credit card debt (33%), say they don’t know how much money they owe. A […]

Read more: Most Americans keep financial information from their partners and parents

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The wedding bells are sounding and it is time to discuss money with the future spouse. NerdWallet’s latest survey of financial infidelity revealed that nearly half (43%) of Americans with a partner have either lied or withheld financial information. Before you say “I do .”, have these five conversations about money to start your marriage […]

Read more: Five Truths about Marriage and Money to Know Before you Get Married