Estate Planning- Trusts

Key Considerations for Smooth Wealth Transfer Planning

Key Considerations for Smooth Wealth Transfer Planning. Components of a robust estate plan include a will, trusts, a power of attorney, and healthcare directives. A will specifies how your assets should be distributed upon your death. Trusts, which hold and manage assets on behalf of beneficiaries, can be tailored to meet specific needs, such as reducing estate taxes or providing for minor children. A power of attorney grants someone the authority to make financial and legal decisions on your behalf if you become incapacitated, while healthcare directives outline your medical treatment preferences.
Cut budget

4 Ways to Cut Unnecessary Costs

By Guest Author | December 15, 2020

The cost of raising a family seems to increase all the time. For many people, any minor increases in income don’t necessarily keep pace with these added expenses. It can be tough to pay bills, make sure necessities are taken care of, and try to save a bit here and there. There are some costs in family finances that you might find are unnecessary. Cutting these down to size could help you save some funds or stretch your dollars further.

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Teenagers First Car

How to Financially Prepare Your Teenager For Buying Their First Car

By Guest Author | December 7, 2020

There are few milestones that teenagers look forward to more than getting their driver’s license. In fact, about the only thing that could top that is for a teen to get a car to go along with that driver’s license. A car can be a significant investment, though, meaning that it’s wise to help prepare both you and your teen to take on this major change.

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Crazy Car

Things that Cause Your Car to Lose Value

By Guest Author | December 7, 2020

Some owners enjoy customizing their cars, but personalization only goes so far when it comes to profit. While regular maintenance and certain upgrades can preserve a car’s value over time, there are other modifications that ultimately work against a car’s future sale value. These four things that impact a car’s value may be done without the owner even realizing the potential harm they cause; the good news is that all of them are easy to avoid and even correct if they’ve already been done.

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Small Ways to Save Money During the Holiday Season

By Guest Author | December 3, 2020

The holidays are right around the corner, and since the average American spends over 1,000 dollars on gifts and travels over the holidays, it’s a good time to do what you can to save a few bucks. After all, you work hard for your money, so why waste it? If you want to make it through the winter without a depleted bank account, then check out these three helpful ways to save money during the holiday season.

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Save money when having a baby

Money-Saving Tips for New or Expecting Parents

By Guest Author | November 27, 2020

Welcoming a baby is truly bliss. But, along with the ultimate happiness and the overall excitement this new life brings, there come many expenses. That is why smart budgeting is essential, and if you start taking care of your finances on time, you will be able to relax and enjoy life with your growing family. Here are some money-saving tips for new or expecting parents.

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11 Fake Car Dealer Fees

4 Auto Body Repairs That May (or May Not) Protect Your Car’s Value

By Guest Author | November 23, 2020

An automobile is almost essential to modern life in many areas. It is useful and convenient, but it’s also one of the things that will begin to depreciate in value as soon as it leaves the lot. Although you can’t stop the loss of some of your car’s value, there are a few ways that you can protect it. In the process of keeping the value, you can also perform repairs that will protect your vehicle mechanically.

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Young Family Life Insurance

Tips for Buying Life Insurance for Young Families

By Guest Author | November 20, 2020

Are you looking for more information on life insurance for your young family? In this article, I will introduce some tips to help you more confidently purchase life insurance. Whether you’re looking for coverage for yourself, a loved one, or your children, this article will help you find the best overall package for your specific needs. I promise to help you understand your options, why you should consider purchasing life insurance, and who can help you get the best deal. Without further ado, let’s begin!

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How to Figure Out How Much House You Can Afford

By Guest Author | November 16, 2020

Buying a home is an exciting adventure. Whether you want a cottage on the outskirts of town or something in the downtown area doesn’t matter, the best part is it will be all yours. Before you commit to a mortgage payment, you must separate your emotion from good financial sense. Good financial sense means that you must make sure that you can afford the home you choose. You don’t want to commit to a larger home than your budget can afford, even if the bank gives you the approval.

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Meal Planning

4 Frugal Money Saving Tips to Cut Expenses

By Guest Author | November 5, 2020

Providing for a family can be tricky, so you need to take every opportunity to save a bit of money. If you are struggling to find a balance between giving and saving, there are a few ways you might be able to do both simultaneously.

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Keep Your Family Car in Working Order

Simple Maintenance Tips to Keep Your Family Car in Working Order for Years

By Guest Author | November 3, 2020

Your car takes your family to and from work, vacation, sports practices, and school. A well-running vehicle makes having busy days and weekends with your family easier. Keep your vehicle running well and avoid expensive breakdowns with regular maintenance.

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Ready to Buy a house

Evaluate Your Finances to Know You’re Ready to Buy a House

By Tim McMahon | October 30, 2020

The idea of being a homeowner is exciting and maybe a little scary. It is normal to be apprehensive before taking such a big financial step. Preparation is the key to managing anxiety and ensuring your finances are where they should be. Looking for the perfect home should be fun. When viewing residential properties, you want to spend your time selecting the home that is the perfect fit for your family. Having your finances in order allows you to do so.

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Saving on Moving Expenses

How to Calculate the Costs of Relocation

By Guest Author | October 17, 2020

If you are planning on moving, you need to know that relocation can be a difficult and stressful process. The move puts different physical and emotional pressures on us. It also exerts pressure on our finances. Knowing exactly how to calculate the costs of relocation will help you set a realistic budget for your move. This will help prevent any unpleasant surprises. The moment you realize that you want to move, you should start saving up for your new home. There are many things to consider if you want to calculate the total costs of a move. Account for both the expected and unexpected costs.

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