Baby-boomers aren’t called the sandwich generation for nothing. They knew they were going to have to provide for their own retirement and their children’s college education, but now they’re finding that they may have to shoulder the financial burden of their elderly parents’ final years as well. The pressure of providing for so many people at once […]
Read moreIf you’ve ever had to execute a deceased loved one’s estate, then you know what an overwhelming job it can be. Think about your own method of organization. Do you keep all of your financial papers in one place? Do you keep your birth and marriage certificates nearby and easily accessible? What about insurance forms, information about retirement plans […]
Read moreDo you know who will take care of you when you no longer able to take care of yourself? According to this article in Investment News, your caregiver is likely to be a woman, and most likely to be your daughter or daughter-in-law. What this means is that unless you have a plan for your […]
Read moreAccording to a recent article in the New York Times, the topic of marriage and family is still being hotly debated in our country. Although some states have granted same sex couples the option to choose a “civil union” or “domestic partnership” status, many couples say it isn’t enough. Because they cannot use the term […]
Read moreAccording to this article by the Associated Press, the tragic death of actor Heath Ledger is followed by the further tragedy of a Will that was filed in Australia in 2003 and never updated to provide for his 2 year old daughter with actress Michelle Williams. The entirety of Ledger’s estate is instead left to […]
Read moreIt was Benjamin Franklin who said, in the late 1700s, that “in this world nothing is certain but death and taxes”; but in 2008 nothing is less certain than death taxes, a situation that the U.S. Senate is trying to remedy. In 2001, President George W. Bush introduced a tax cut that would gradually reduce […]
Read moreDaylight Saving Time has come around again, and most Americans lost an hour Sunday morning as they set their clocks forward. As a twice-yearly, reliable institution, Daylight Saving Time is a good time to take a moment to examine parts of our lives that we may not normally consider during the day-to-day grind. This weekend […]
Read moreMost of us would like to think we’re leaving behind more than just money when we pass away. We’d like to think we’ve impressed our values upon our children and grandchildren as well, giving them a foundation of knowledge and belief to serve them when we are no longer here. The good news is that […]
Read moreMost people are shocked when they see the sheer volume of paper in a truly well-prepared estate plan. A trust by itself can be over sixty or seventy pages. Add to that the other 6 to 16 documents you’ll want to execute (depending on your family situation) and you can find yourself signing a mountain of paperwork […]
Read moreMost people know how important a Retirement Account is in planning for their own future and for the future of their dependents and invest in them accordingly. What people might not know, however, is how difficult it can be to navigate through the numerous IRS rules and regulations when the time comes to enjoy the […]
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