Katharine Paljug is a financial writer and editor with over a decade of industry experience. Her writing has covered nearly every aspect of the financial world, from investing in forex to paying for ...

Understanding the difference between per stirpes and per capita can determine whether your grandchildren receive an ...

Choosing a primary beneficiary - and contingent beneficiaries - is the only way to ensure that your funds are allocated according to your wishes. The per capita designation is usually the default ...

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 a ...

Ah, those Latin words that lawyers love. Or, at least, used to. These days most lawyers do try to communicate in English, but some Latin terms persist because they are shorthand for well understood in ...

If your life insurance beneficiary dies before you, the payout may go to a contingent beneficiary or your estate, depending on how you set up the policy. You can choose how death benefits are ...