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Protecting Your Money Through Estate Planning
Jul 16, 2004

How to pass funds on to your heirs and make sure you're fully covered by federal deposit insurance, including new rules for "living trust" accounts.


There are many reasons you've worked hard and saved money all these years, and one motivating factor is likely to be a desire to provide for your loved ones after you die. But have you given much thought to the best ways to pass along your built-up savings and other assets to your heirs? There's a term for the process of organizing your financial affairs so that your money, property and other assets can go to your heirs with a minimum of costs, taxes and hassles. It's called "estate planning." For many of us, that probably means making and periodically updating a will. However, there are many different ways to help preserve assets for your heirs

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