Year: 2018
Many retirement strategies are often presented in Hollywood. Even though it is an unlikely source of planning for retirement, the movie industry often leads to the thought process about the later years of life, according to USA Today in “Hollywood can inspire you to save more in your 401(k) for retirement“. If you remember Jack […]
There are ways to make both members of the couple knowledgeable about finances. There can be a high cost to the surviving member of a couple if the member who passed away was the person who handled all of the household finances, according to The Wall Street Journal in “When One Spouses Handles Finances“. The […]
Sometimes even having a will is not enough. Most people do not want their finances released to the public. However, if they are not careful with their estate plan, their financial world will become an open book, according to the Robb Report in “Rest in Wealth: The Ins and Outs of Estate Planning“. An example […]
Consider your planned lifestyle before retiring, in order to choose the right location. As retirement approaches, many people need to decide between remaining in their home of many years, downsizing to a smaller location or moving to a retirement community. However, many myths about retirement communities exist as well as truths that need to be […]
Your family will most likely face some tough times, if you don’t make a plan. It doesn’t matter which generation you belong to, when it comes to estate planning. If you pass away without an estate plan, it is likely the people you love will face many trying days of tough decisions attempting to straighten […]
Planning for retirement may be a hard job. However, it can turn into some joyful years later in life. Planning for your retirement is not only a big job but a really important and serious job that can be used to create a pleasant and even youthful retirement that has a good chance of being […]
Need an executor for your estate? Don’t rush, think it through carefully and make the right choice. It would be wise to have a conversation with your heirs that you most likely do not want to have, and it would be best to have that conversation sooner rather than later. That conversation is about your […]
Decide where you want to locate and then study the opportunities and drawbacks. So, you are retiring. Where do you want to live? What’s the attraction? What is the cost of living? Taxes? Medical facilities? The list is long but there are some factors to look into that can be helpful in the decision making, […]
It is possible to keep your intellectual property private. If you have royalties, trademarks or digital assets that contribute to your revenue stream, you need to include them in your estate plan, according to the Times Herald-Record in “Include intellectual property and royalties in your estate plan“. Just as any other asset, intellectual property rights […]
State laws oversee estates and those laws are rarely the same. Many people retire in the snowy north and head to the warm south for a few months each year. If that is your scenario, it would be wise to keep that estate plan current because state laws are not usually the same and your […]
