Is Life Insurance a Good Idea for My Estate Plan?
Most American adults own life insurance, yet the buying process can be perplexing and pose traps for the unwary — and cause financial problems years down the road.
C19 UPDATE: Emergency Estate Planning Decisions to Make Right Now
“Don't panic” has been a common refrain from government leaders, public health professionals, and across social media from well-meaning people trying to keep everyone calm during the coronavirus pandemic.
What Is So Important About Powers Of Attorney?
A power of attorney names a person who can act on your behalf. This person is called your “agent” or “attorney-in-fact.” Before you create a power of attorney, you should know your options and which ones your home state allows.
Can I Appeal More Expensive Medicare Premiums?
About 4.3 million Medicare beneficiaries are subject to so-called income-related monthly adjustment amounts, due to law changes over the years that have required higher-earners to pay more.
How Does the Death of Prince’s Brother Impact the Late Rock Star’s Estate?
The death of Prince’s brother Alfred Jackson, along with his contested will, are raising new questions in the endlessly complicated efforts to settle the legendary musician’s estate, including whether a California man with a reputation for cozying up to celebrities will end up with one-sixth of Prince’s riches.
When Is It Time For My Dad To Give Up The Car Keys?
Older drivers these days are keeping their licenses longer and logging more miles on their cars than in the past, according to the Insurance Institute for Highway Safety. Nevertheless, fatal crash rates do tend to increase considerably after age 70 and reach their peak among drivers 85 and older.
Are You Relying on Social Security Alone for Retirement?
About 40% of older Americans may be relying exclusively on Social Security for income, according to recent research.
What are the Penalty-Free IRA Withdrawals?
The contributions you make to your individual retirement account (IRA) are intended to supplement your income during your retirement years. However, as much as you'd like to let your IRAs remain untouched until retirement, unforeseen expenses may force you to withdraw some of those assets early.
The Financial Legacy of Walt Disney’s Heirs and the Role of Trusts
The Walt Disney Company has come a long way since it was founded by brothers Walt and Roy O. Disney nearly a century ago. What began as a cartoon studio is now a media powerhouse, complete with amusement parks and properties.
How Bad Can a Do-It-Yourself Estate Plan Be? Very!
One Justice from the Florida Supreme Court commented that the expensive litigation far outweighed any savings resulting from the pre-printed form.