Financial Security: Estate Planning

An estate plan is a plan for the disposition of resources and property after death or during crisis.

A will is one component of an estate plan. Although necessary to direct the distribution of assets after death, almost 70 percent of U.S. adults do not have wills. Many people think they do not need a will because they do not have many assets, or they think that preparing a will costs too much. Dying without a will is called dying …

Financial Security: Glossary

  • “Junk” Bonds
  • “Needs”
  • “Wants”
  • 12(b)1 Fee
  • 401(k) Plan
  • 403(b) Plan
  • AMEX
  • ATM
  • Account Maintenance Fees
  • Adjustable Rate Mortgage (ARM)
  • Adjustable-Rate Mortgage (ARM)
  • Adjusted Balance Method
  • Adjusted Gross Income (AGI)
  • Administrator
  • Advance Directive
  • Advance Directive for Health Care
  • Advance Directives for Health Care
  • Advance Health Care Directive
  • Allowance
  • American Stock Exchange
  • Amount Due
  • Annual Fee
  • Annual Percentage Rate (APR)
  • Annual Percentage Yield (APY)
  • Annual Report
  • Annuity
  • Appreciation
  • Asset
  • Asset Allocation
  • Asset Allocation Fund
  • Assets
  • Attested Will
  • Attorney-In-Fact
  • Auto Insurance
  • Automated Teller