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Search Results for: beneficiaries

The Legal Docs You Need To Protect Your Family

January 9, 2017 by ModernMom Staff

This following post is written in partnership with Bloomwell. As parents we do everything we can to protect our children. But there is one super important thing that many of us put off doing, and that’s obtaining legal documents to protect our children if we are away from home (like when we use a babysitter or a relative to watch the children), have an accident or serious … [Read more...] about The Legal Docs You Need To Protect Your Family

School Volunteer Vampires

May 29, 2013 by Leslie Morgan Steiner Leave a Comment

Call it Volunteer Vampires - a dilemma many of us struggle with (and feel guilty about struggling with). In simple terms, how much to volunteer at our children’s schools? In “Sharks and Jets,” one of the stay-at-home mom essays in my anthology Mommy Wars, Washington, DC mom Page Evans reveals the angst underneath the yes-woman she presents to everyone who asks her to … [Read more...] about School Volunteer Vampires

Divorce & Life Insurance

September 28, 2010 by ModernMom Staff Leave a Comment

The purpose and need for life insurance doesn't go away when couples split up. Life insurance can provide the resources to raise children when one or both parents die, and it can replace spousal support that a deceased ex would have paid to the lower-earning party in a divorce. Continuation of life insurance is often an element in court orders and settlement agreements in … [Read more...] about Divorce & Life Insurance

Estate Planning & Wills

October 11, 2009 by ModernMom Staff Leave a Comment

If you want to control how your possessions and savings will be distributed after your death, you need to understand the basics of estate planning. More than anything, you need to understand how to execute a legal will. According to the American Bar Association, estate planning means getting the advice and expertise of a lawyer, financial planner, accountant and other … [Read more...] about Estate Planning & Wills

What Is a Revocable Living Trust?

October 11, 2009 by ModernMom Staff Leave a Comment

A revocable living trust is a document that an individual or a couple creates that designates the management and beneficiaries of assets. The document is similar to a will in that it is revocable, meaning that the parties creating it can modify or nullify it at any time. The parties creating the trust must give detailed instructions for the overseeing and distribution of all … [Read more...] about What Is a Revocable Living Trust?

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