November 2015 Archives

Planning and Providing For Pets After Your Death

Do you want to make sure that your pet will be taken care of after you pass away? Your desires can be documented to make sure that your pets are provided for after you are gone. As part of estate planning, pet owners can name a beneficiary that will take care of their pets or can establish a pet trust in your will. It is important to discuss your desires regarding your pets with your close friends and family.

What happens to student loan debts upon death?

What happens to student loan debts upon the death of the borrower depends on who made the loan. Loans that are made by the federal government will normally be discharged on death upon the proof of death by way of a death certificate. Generally, private lenders do not provide for loan forgiveness and quite often will pursue repayment from the estate of the deceased. Therefore, it is important to understand the potential estate implications of student loans.

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