Many joint accounts are owned with the right of survivorship, which means that when one owner dies, the surviving person is the sole owner of the account. It's sensible to track any money spent until the estate is settled. If the bank accounts are solely owned, it’s important to ...
Your ex should be the kids’ guardian, so they can live with their other parent if something happens to you. Unless the kids aren’t safe with your ex. In that case, choose someone trustworthy and responsible. When youcreate an online willafter the divorce, you should update your powers ...
Head of household.To qualify for this, you must be unmarried, have paid for more than half of the household expenses for the year, and must have a qualifying child or dependent. For example, if you’re a single parent taking care of an ailing family member, this status might make sense...