It’s easy to create a simple revocable living trust with DIY legal books and software. You can buy additional $10,000 in I Bonds per year for each trust.
Even though you may have signed a broad Durable Power of Attorney, financial institutions often have their own process to give access to another person.
Real life experience and learning from maintaining and executing an estate plan.
Just having a trust document doesn’t do much. You need to put accounts under the trust’s name. I walk you through for how we did it with Fidelity, Vanguard, and Merrill Edge.
Using the legal plan through an employer works for simple estate planning.
Can you contribute to your adult children’s Roth IRA? Yes, but …