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…
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…
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…
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…
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…
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…
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…
As Gen Xers enter into their 40s and 50s, it is time for them to become active in the creation and execution of their retirement planning. There are many things to consider, including finances, investments, insurance policies, legal documents, living…
Kiplinger.com is suggesting it is time to rethink your financial retirement portfolio. You may have built up a significant nest egg in a 401(k) plan, but it does come with serious baggage during your golden years. It is impossible to…
A change in the amount of time to repay a 401(k) loan was included in the Tax Cuts and Jobs Act. However, there are still complications to be aware of. Before this change, employees who took a loan from their…