If you are retired and no longer generating employment income, you should make sure you weigh the financial implications of any potential move.
For young professionals finding their way in the world and just beginning the journey of building wealth, death can seem like a far-off abstraction. However, the cold reality is that no one ever knows what’s around the corner — health problems and freak accidents can happen at virtually any time.
In general, the best reason to establish a charitable trust, is if you would like to create a long-standing form of charitable giving.
Creating a list of digital accounts and instructions on how to gain access to them is now akin to having a traditional will or a trust in estate planning.