SALT LAKE CITY—A children’s book author who prosecutors say killed her husband has been battling with his relatives over the family estate since his death last year, court documents show. Kouri Richins, 33, is accused of poisoning her husband with a lethal dose of fentanyl at their home in a small mountain town near Park…
Utah Mother Accused of Murdering Husband Tangled in Estate Dispute
Your Pension Could Become a Retirement Tax Bomb
If you have a pension coming to you when you retire, it could affect your taxes in the future. The biggest problem would be that you put a lot of your retirement money into tax-deferred accounts. As a result, it means that you will have to pay taxes on that money when you withdraw it,…
Retirement and Estate Planning for Broke Individuals
You can help your relatives immensely by setting up an estate plan now, regardless of who you are. Essentially, whatever you own makes up your estate. These assets could be: Any property your own Whatever money you have in a bank account Stocks, bonds, and mutual funds invested through a taxable brokerage account A Roth…
5 Reasons Your Children Should Not Inherit Your Business
By Daniel Scott There are some astounding statistics surrounding family business succession. First, the average lifespan of a family-owned business is only 24 years, or roughly one generation. In addition, nearly 60 percent of family-owned businesses fail to make it to the second generation, while nearly 90 percent fail to make it to the third…
How to Know When You Should Update Your Estate Plan
Creating an estate plan for your heirs is necessary for your assets to escape probate. It enables you to put your assets into the hands of those you want to receive them. Failing to update your estate plan could cause significant damage and may thwart your desire to give your assets to your chosen beneficiaries….
My Secret Billionaire
This film is only available in the United States and Canada because of territorial licensing. To satisfy his father’s wish, an attractive and powerful billionaire travels alone, without money, and without using his real name to New York City. When the former playboy meets a perfect and down-to-earth real estate agent, the reason behind his…
Money Mistakes Many People Make Before Refinancing Their Home
Just as deciding when to take advantage of 4th and goal, refinancing a home has many opportunities and pitfalls. The reason you might consider a refinance is that you want to pay less interest. Or, if you need to put some money towards another expense, you can take some money out of your house. It’s…
Can a Married Couple Qualify for First-Time Home Benefits Twice?
Purchasing a home is probably the biggest expenditure you’ll ever have. So, of course, trying to save money is a goal many buyers have. That’s why qualifying for first-time home benefits is so important. But what if you’ve taken advantage of this program in the past? Is there a way to take advantage of it…
Family Finances: Why You Need Renters Insurance
By Emma Patch From Kiplinger’s Personal Finance Most homeowners know that they need homeowners insurance to cover loss or damage to their property—and if you have a mortgage, you usually have no choice. But if you’re one of the more than 100 million Americans who rent their residence, don’t overlook the value of renters insurance….
Co-buying a House: How Platonic Partners Make It Work
Seven years ago, Phil Levin and his girlfriend, Kristen Berman, pondered a common question: Should we move in together? Levin assumed they’d take a predictable path and find a more affordable apartment outside of pricey San Francisco. But Berman, a behavioral scientist, shared her reservations about leaving their friend network—and some facts to back it…
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