Whether you are thinking about life-long finances or planning for retirement, it’s always a good idea to discuss ideas and strategies with a professional. When it comes to an estate plan, your best bet is an attorney who focuses their…
There was a time when irrevocable trusts were truly irrevocable. However, some states now offer ways to make changes—as long as you follow the rules carefully. Warning: penalties for mistakes can be significant, so work with an estate planning attorney…
Communication between family members before their parent’s pass can sometimes prevent family feuds over possessions, whether they are million-dollar Picassos or a celebrity’s dog dish. Christie’s auction house in New York was the setting for an auction of hundreds of…
People who depend upon each other take their responsibilities seriously. For a family, that includes more than just making sure everyone gets up and out the door in the morning. An estate plan is part of preparing for life’s realities.…
Do Americans donate to charity because they want to, or for the tax benefits? Unfortunately for the non-profit sector, the numbers for 2018 reflect a downward turn. Americans gave generously in 2018, unless you adjust for inflation. If you do…
An outreach campaign created to boost awareness of the problem of financial elder abuse was announced by District Attorney Summer Stephen. The DA also reminded employees of the city’s financial institutions that they have responsibilities as legally mandated reporters. The…
Saving for retirement involves a variety of investments, including domestic and international stocks, mutual funds, cash and bonds. T-bonds are liked by many people, because they are backed by the “full faith and credit” of the U.S. federal government. However,…
Having a living will and a power of attorney for healthcare will allow a designated person to make decisions on your behalf, when you are unable to communicate your wishes. This may be more important for a single person than…
See if you remember this: you started at your new job with a meeting with HR. You signed a lot of paperwork, agreeing with corporate policies and acknowledging receipt of the company handbook. You also named a person or persons…
Through a planned giving donation from one couple’s estate and a second donation from an anonymous donor, this community foundation is positioned to do a great deal of good in the coming years. With two donations totaling more than more…