Start Your Estate Planning Today
There’s really no reason not to have an estate plan, and no reason not to keep it up to date. However, if you are responsible for a family and a home, it becomes even more important to do. If you…
Increasing Number of Americans Retiring Poor
Well managed money brings with it a freedom of lifestyle in retirement. Sadly, reports say that less than 5 percent of Americans will be financially free by the age of 65. Changes in the U.S. economy coupled with increased health…
An Era Passes with the Death of Lee Radziwill
Lee Radziwill, sister to Jacqueline Bouvier Kennedy Onassis, was a member of the international jet set known for her fashion, style and social life. However, her estate also reflected her life and pedigree. Lee and her sister Jaqueline led lives…
Do You Know If an Online Will is Going to Work?
One of the many problems presented by online wills, is that you won’t know if they will be deemed valid by the court until you are gone, leaving your loved ones to grapple with the results. Without the knowledge and…
How Life Insurance Works as Part of An Estate Plan
When a breadwinner dies prematurely, the family loses financial stability. A well-thought out risk management plan can protect the family and cover major expenses, like mortgage payments or college costs. The biggest reason to have an estate plan is to…
Congress Acts to Protect Against Spousal Impoverishment
Federal spousal impoverishment protections were set to lapse in March 2019. Two bills were proposed to deal with that issue. H.R. 1343 is still sitting in the House, but H.R. 3253 was enacted on August 6, 2019. H.R. 1343, or…
State Estate Taxes to Consider When Planning a Retirement Relocation
Chances are you wouldn’t choose to live in a state, where estate taxes take a big bite out of your estate. However, if you haven’t checked this out, do so before relocating. Where you live and die could make a…
Your Family Needs You to Have a Will
There are many nuances in wills that only experienced estate planning attorneys know about. That’s just one reason, why it’s best to have a will prepared by a professional. With the creation of a will and estate planning documents, combined…
Start a Roth IRA for a Retirement Bounty When You Need It
It’s easy to dismiss retirement savings when you are young. Retirement seems so far away, and there’s so much you want to do right now. But wiser and older people know how important it is to start retirement savings while…
Personal Devices That Can Be Hacked
The internet of things (IoT) is responsible for many conveniences via embedded electronic devices, and many seniors are making use of these technologies. It is becoming increasingly common for everyday items like refrigerators, thermostats, and doorbells to be internet-connected making…