What You Should Know About Revocable and Irrevocable Trusts

And, where to get the cheapest prices on 4th of July cookout essentials. Created for {EMAIL} | [Web Version]( June 28, 2024 CONNECT WITH KIPLINGER  [LinkedIn]( [Facebook]( [X]( [Instagram ]( [Youtube]( [SIGN UP]( ⋅ [WEBSITE]( [] INTRODUCTION [] [Stepping Into Retirement with Pets]( When you live alone you never have to fight over the thermostat or what to watch on TV — but you lack a built-in support system and a listening ear. [Loneliness]( and social isolation increase the risk of premature death by 26% and 29% respectively, according to a U.S. surgeon general's report. One prescription for loneliness is a companion animal; owning a pet can help you age better and keep your mind sharp. Dogs and cats love unconditionally, but require you to care, giving you purpose and a plan for the day. Kiplinger contributor Yvette C. Hammett [explains the health benefits of having a pet]( and tips to help you choose an animal that best suits you. - Donna LeValley, personal finance writer [Match with a financial advisor in 3 minutes]( Datalign Advisory, a free platform that connects individuals with a SEC registered financial advisor, was designed to help you take control of your finances. [Learn More]( ADVERTISEMENT [] TRUSTS [] [What You May Not Know About Revocable vs. Irrevocable Trusts]( [What You May Not Know About Revocable vs. Irrevocable Trusts]( (Getty Images) A will is useful to name the heirs and bequests of your estate but will necessarily involve a probate period giving the courts a role in distributing your estate. However, trusts can augment your estate planning and benefit you and your heirs in your lifetime. They are critical for organizing how your assets are distributed during your lifetime and after death without probate. [Learn more about revocable and irrevocable trusts]( and determine which type is best for accomplishing your estate planning goals. [] CONSUMER PROTECTIONS [] [How to Avoid Getting Ripped Off by an Alarm Company]( [How to Avoid Getting Ripped Off by an Alarm Company]( (Getty Images) Providing security to households is a big business. More than 10 million Americans have a Ring doorbell and at least 39 million U.S. households are protected by alarm systems. Attorney Dennis Beaver delves into [why you should use local security services and how federal law protects you from unreasonable auto-renewals of consumer contracts](. [Is your money working hard enough?]( It should be! Learn how Betterment's automated investing and savings technology can make your money hustle, while you don't. 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[Get your BOGO on this Friday at Starbucks]( Starbucks is celebrating summer this Friday, June 28 with a sizzling hot BOGO deal for all Starbucks Rewards members. [Four things you need to know about your aging parents]( When it comes to estate planning for your aging parents, knowledge about their wishes and finances is power. [Prosper with the Latest Insights from Practicing Financial Pros in Kiplinger's Building Wealth E-Newsletter — Free]( ABOUT KIPLINGER When we write about money, we get it right. So the decisions you make with your dollars are also right. Kiplinger is a trusted provider of unbiased financial advice, objective business and economic forecasts, and practical help to millions of business professionals, investors, and individuals seeking to make more profitable decisions with their money. 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