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.
Home Thermal scan

Home Upgrades to Save Money Every Day

By Guest Author | November 15, 2019

A home is a major investment. To make the most of our hard-earned dollars, we are always on the lookout for ways to reduce the cost of homeownership. We can explore refinance options, make efforts to improve the value of our home and carry out major renovations and repairs as needed. All of those steps are beneficial and definitely worth the effort, but they don’t have to be the end of the story. There are many simple things we can do that will save us money every single day. Here are four examples of how to upgrade our homes to save money.

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Saving $1000 a month

The City Life— Tips for Urbanite’s Finances

By Guest Author | November 12, 2019

Living in the city means planning a little more frugally, especially as you are keeping up with the ever-shifting cost of living. If you are not sure where to begin planning for your finances, consider some of these tips.

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Top 10 Energy Users

Regular Maintenance Will Save You Money

By Tim McMahon | November 11, 2019

It doesn’t matter how big your home is or how many people there are in your family – trying to save as much money as possible is just the smart thing to do. Although it may cost you a bit of money upfront, regular maintenance will save you money in the long run.  Luckily, there are lots of ways to save money on maintenance without compromising the health and happiness of your loved ones. So, what are some of the most effective ways to do so?

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Teaching Kids about Money

How to Teach Your Children Sound Financial Principles

By Tim McMahon | November 6, 2019

When children begin receiving money on a regular basis is the best time to start teaching them financial principles. Some kids are given cash or investment certificates by family members for their birthdays and holidays. Allowances may be allocated based on kids’ ability to handle certain chores around the house, like making beds, washing dishes, or dusting furniture. Teens often get part-time jobs while still in high school. Teaching them how to be responsible with earnings will provide key principles for future financial health and success.

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Basement Remodel

Ways to Save on Basement Renovations

By Guest Author | November 4, 2019

Saving money on basement renovations doesn’t mean that you have to cut corners. You need to plan the steps out appropriately so that you can get what you want within reason. Here are some of the money-saving techniques that you can utilize in your basement project.

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Sell Your Home

Tips to Quickly and Affordably Sell Your Home

By Tim McMahon | October 29, 2019

Selling your home might seem like an overwhelming task at first, but If you find it necessary to put your property on the market, here are some tips to help you sell it faster.

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Dealer Ripoffs

Steps You Can Take Now to Start Searching for Your Next Vehicle

By Tim McMahon | October 25, 2019

Getting a car can be an exciting experience; however, it can also be stressful. There are many things you have to consider before acquiring a new one. The amount of money you have in the bank, the price of the vehicle you want and its condition, the plan for your current car, and deciding whether to lease or buy are a few of the factors you need to keep in mind before getting involved with a dealership. It isn’t an easy decision to make. There are a lot of costs and fees associated with a car, so you have to be prepared before making such a commitment. The following steps will help you simplify the process of obtaining your next vehicle.

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Car Insurance Tips

Things to Consider Adding to Your Auto Insurance

By Tim McMahon | October 16, 2019

A basic auto policy is going to help you cover a variety of expenses if you are ever involved in an accident. While that type of insurance is very important to have, you might benefit from upgrading your policy so that it covers a few additional risks.

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Save on Groceries

Family Finance Tricks to Help You Save Instead of Spend

By Tim McMahon | October 10, 2019

The growing cost of raising a family has many people looking for ways to save money. However, most folks don’t want to drastically change their current lifestyle just to save a few dollars. Luckily, there are a few simple changes you can make that can save you hundreds of dollars each year without making you too uncomfortable. Take a look at these 4 family finance tricks that can help you save instead of spend.

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Paying for College

Overcoming High Education Costs

By Guest Author | October 8, 2019

If you want to send your child to one of the best schools, you might have to pay tuition costs. Fortunately, there are ways to ease your financial burden if you’re concerned about the money that’s required to ensure a quality education for your son or daughter. Here are four great ways to overcome your child’s tuition costs.

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adulthood expenses

Low Stress Ways to Manage a Sudden Expense

By Guest Author | October 7, 2019

Being hit with a sudden expense can be one of the most frustrating things to deal with, especially if you are just starting out. When you need to deal with such an expense, it is always a good idea to have a plan to help mitigate stress.

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Kids and money

How to Help Your Teens Learn to Save Instead of Spend

By Guest Author | September 26, 2019

Teenagers are in the middle of big life transitions. It can be hard to be a teen in the modern age. Peer pressure is a major issue among the young crowd. Teens often feel pressure to purchase all sorts of things. If you’re a parent who wants to encourage your youngster to save money, then these strategies may come in handy for you. It’s important for teens to learn early about the value of saving.

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