There was a time when nursing homes seemed like the foregone conclusion for many elder family members. But as baby boomers are aging, they remember seeing their own parents in those facilities [...]
Your home is probably your most valuable asset. You are clear about whom you want to end up with it when you die. If you’re a parent, you want your kids to inherit your home. Ensure that [...]
Many people are uncomfortable discussing with their loved ones how they plan to distribute their estates. Perhaps you don’t want your children to realize how much they may receive after [...]
What are the tax implications of an inherited traditional IRA? Tax rules differ depending on whether or not the beneficiary is a spouse. Be sure you know the rules, because your decisions may [...]
In a Doris Day/Rock Hudson movie, “Send Me No Flowers,” comedian Paul Lynde plays a funeral director who jumps to the conclusion that Hudson wants to surprise his wife, Day, with the [...]
There are myths and misconceptions about estate planning. Here are the top common mistakes to avoid and help your family save thousands of dollars in unnecessary taxes and probate fees: [...]
You receive electronic statements, set up auto payments and pay bills online. Companies like it because paperless billing is less expensive, more convenient and environmentally friendly. But what [...]
Most people think about saving for retirement. If your employer offers a 401(k) plan, which about half of all companies currently do, taking advantage of that plan is an attractive option. In [...]
Experts say that up to 70% of retirement funds can be eaten up by income, estate and state taxes if you’re not careful. How do you avoid costly traps? To start with, sell any long-term [...]
