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Financial Planning

All Articles (16)

Advice & Support

Dec 29, 2015

Who Pays for the Funeral? Defining 'Immediate Family'

Money is always a touchy subject, whether you're requesting financial help or being asked to provide it.

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Advice & Support

Mar 21, 2017

Should a widow move?

Q. My husband died several months ago, and people keep asking me whether I’m going to sell my house and downsize or move somewhere else entirely. How do others decide what to do?

Advice & Support

Feb 15, 2018

Taking Care of the Last Budget First

Including a funeral in your financial plan can save your family extra stress.

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Advice & Support

Mar 23, 2018

What Is Durable POA for Finances?

This power-of-attorney directive specifies who can make financial decisions if you're incapacitated.

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Advice & Support

Apr 23, 2018

What Funeral Benefits Am I Eligible For?

There are many government and private programs designed to help families pay for funerals. As you plan a funeral, make sure you and your family know what benefits are available. ( .)

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Advice & Support

Apr 25, 2018

Five Ways to Cover Funeral Costs in Advance

Banks, insurance providers, and funeral homes all offer solutions for pre-planning funeral expenses.

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Advice & Support

Jun 20, 2018

How to Pay for a Funeral

The average funeral in the United States costs between $8,000 and $9,000. That’s about one-fifth the average cost of a wedding, and it can be one of the highest expenses a family will face. 

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Advice & Support

Jun 20, 2018

How to Shop for a Funeral Home

Compare costs and services to figure out what makes the most sense for your family.

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Advice & Support

Apr 23, 2019

What is a Testamentary Trust and Do I Need One?

A testamentary trust is a trust that does not go into effect until the person who created the trust dies. The creator of the trust is called the grantor. Typically, the testamentary trust is written into a will to create a trust for minor children.  The will is in effect after it is created, but the testamentary trust within is not valid until the maker of the will dies.

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News

Apr 23, 2019

Henry Bloch (1922–2019), co-founder of tax preparation giant H&R Block

The H&R Block founder was a beloved philanthropist in his hometown of Kansas City.

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Advice & Support

May 6, 2019

How (and Why) to Make a Charitable Bequest

Here's how you can leave a philanthropic legacy to benefit an organization you care about.

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Advice & Support

Jun 6, 2019

How Life Insurance Works

Life insurance is a financial product that helps ensure your family is taken care of after you die. This insurance policy will pay out to your children, spouse, partner, or whomever you designate as the beneficiary. Life insurance helps cover important expenses such as housing, education, debt, and funeral costs. It helps replace the income that is lost after someone dies, which is especially valuable when the primary income producer for a family dies unexpectedly.

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Advice & Support

Jul 24, 2019

How to Find the Best Burial Insurance Policy

What final expenses does burial insurance cover? And is funeral insurance right for you?

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Advice & Support

Oct 21, 2019

What Documents Need to be Prepared Before a Death?

These six papers need to be ready so everyone can rest a little easier.

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Advice & Support

Apr 18, 2025

How Much Does Cremation Cost?

has become very popular in recent years. In a 2024 report from the National Funeral Directors Association, 61.9% of Americans were projected to choose cremation versus 33.2% who were expected to opt for a traditional burial. One reason for this is that cremation is usually less expensive than burial.

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