Why You Need to Open a UGMA/UTMA Account for Your Kids

Saving and investing for college expenses may seem overwhelming, but setting aside even small amounts can give your child a head start. While many people are aware of tax-efficient investing accounts like 529 plans, you may not know about UGMA/UTMA accounts – another way to save for educational and other expenses.

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The post Why You Need to Open a UGMA/UTMA Account for Your Kids appeared first on MintLife Blog.

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How to Change the Executor of a Will

Drafting a last will and testament can help to ensure that your assets are distributed according to your wishes after you pass away. You can also use your will to name a legal guardian for minor children or choose an … Continue reading →

The post How to Change the Executor of a Will appeared first on SmartAsset Blog.

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The Common Types of Personal Loans, Explained

A personal loan is money you borrow from a bank, credit union, online lender or another financial institution to use for a variety of reasons. It offers flexible repayment terms and fixed monthly payments. Nearly all personal loans are unsecured, which means you are not required to provide collateral. The best personal loans come with […]

The post The Common Types of Personal Loans, Explained appeared first on The Simple Dollar.

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