Include a Letter with Your Estate Plan
In addition to the worldly goods you give to your loved ones, leaving a “last letter” behind can help them deal with their grief at losing you.
Should You Play Banker for Your Adult Children?
The children get a loan that might have cost them thousands of dollars of fees with a traditional lender, and the parents get an income stream that gives a better return than a savings account would.
How Can a Trust Keep My Family From An Undesirable Lifestyle?
A trust actually can prevent your descendants from following such an undesirable lifestyle.
Why Can’t My Husband Go to the Doctor to Help Me?
I am frustrated that I can’t send my husband to my doctor’s office to pick up a prescription or get information from my files!
Empty Nest? Time to Focus on the Nest Egg
Each child reduces the household wealth of Americans between the ages of 30 and 59 by about 3% or 4%, according to data from the Center for Retirement Research at Boston College.
Do You Have a Will?
Despite the importance of having a will, a recent survey from AARP found that two out of five Americans over the age of 45 do not have one.
Who Pays What Taxes on an Inherited IRA?
I'm the executor of my mother's estate. She has an IRA where the beneficiary is her estate. When I withdraw this IRA into her estate account, how will this money be taxed?
Am I Too Young to Start Thinking About Estate Planning?
After taking inventory of your possessions, including your home, vehicle, stocks, life insurance policies, etc., there are many steps you will need to take to protect these assets -- and yourself. There are many steps and documents that advisors will suggest you put into place immediately for your protection.
What Documents Do I Need When Someone Dies?
After someone dies, family members will need to locate all of the decedent's important papers.
Police Warn about Scammers Targeting Vulnerable Seniors
When a man claiming to be a Suffolk cop called Rosemarie O’Rourke and said her grandson was in big trouble, she'd been grieving the death of her husband two days earlier—an easy target for a scam artist.