Your Money:Wills & Trusts

You’ve opened 529 Plans for your children or grandchildren.  Although the students are the designated beneficiaries, you have retained ownership to ensure that they use the money to obtain a higher education.  But what happens to the plan ownership if you die?
 

How do you get detailed, private information such as account numbers, safe combinations, Internet passwords, and final instructions into the hands of your loved ones after you die? Is there a way to manage this information now so that it goes where it needs to later?

 

When the unexpected happens, a power of attorney that’s already in place will make a world of difference for your loved ones. Be prepared.