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.

Be Sure Your Family is Secure Physically and Financially

By Guest Author | November 21, 2016

As parents, we all want our homes and family to be well protected. Ensuring the well-being of your family is your ultimate goal as a parent. However, we can’t always be present to make sure this happens. As a result, home security systems and certain types of insurance coverage can help to ensure the safety of everyone and everything under your roof.

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How to Take Charge of Your Money

By Guest Author | November 16, 2016

People often think that the only way to accumulate wealth is to be frugal and make lots of sacrifices. However, accumulating wealth doesn’t always demand that you live a sparse life; rather, it requires that you use what you have efficiently (waste less) and spend less than you earn (save more). The path to reaching your financial goals starts with understanding how best to put your assets to work for you.

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5 Easy Ways to Pick Up Some Quick Cash

By Guest Author | November 10, 2016

Unfortunately, it’s much easier to burn through a wad of cash than it is to make it. Nevertheless, there are ways to make quick cash if you have a bit of creativity. Here’s five strategies to get you started.

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100 Year Housing Index

6 Reasons Investing In Real Estate Can Be a Good Idea

By Tim McMahon | November 2, 2016

Investing in real estate got a bit of a bad reputation during the crash of 2008. But investing in real estate is a great way to diversify your investment portfolio, Here are six reasons why you should consider investing in real estate.

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4 Tips For Saving Enough For A New Family Car

By Guest Author | October 26, 2016

Saving for a new car can be difficult, but it’s important to keep the benefits of saving in mind. According to Forbes, it’s easier to save if you keep the “future you” in mind while cutting corners now to save for the future. You’ll thank yourself after you’ve saved a chunk of money for the down payment for your new car because it will make your monthly payments much more affordable than if you had no down payment at all. Having a smaller monthly payment will ease your finances and help you save interest on the loan so it’s a win-win. The more you save the better off you’ll be. Even better is to drive a clunker until you can afford to pay for your entire car it avoids paying interest and actually has your bank paying you interest (as small as it may be) while you are saving.

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Retirement Finances

Retirement on the Horizon? Financial Tips to Plan for your Future

By Tim McMahon | October 20, 2016

Being properly prepared goes a long way when it comes to your financial future. Therefore, here are four financial tips to help you be properly prepared for Retirement.

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How Air Conditioner Prep In Fall Can Save Money in the Future

By Tim McMahon | October 17, 2016

Just because the weather is beginning to cool off doesn’t mean your home’s air conditioning system can be ignored in the coming months. A little preventative maintenance carried out in the fall could save you quite a bit of money next spring. Here are some tips for maintenance and saving money on your heating and cooling bills.

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6 Ways to Stuff Your Piggy Bank

By Tim McMahon | October 13, 2016

In the wake of the weakest economic recovery since the “Great Depression”, many paychecks and bank accounts continue to look a bit anemic. Some Americans are still in a position where they can’t even locate money to buy small things they need because their budget is so tight. The following are six tips that you can use to “Stuff Your Piggy Bank” and save some money each month even if money is very tight.

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Creative ways to Save Money

Creative Ways to Save on Monthly Expenses

By Guest Author | October 5, 2016

Having a family can be expensive, especially for those with multiple children. The costs of rent or a mortgage, utilities, insurance, car payments, clothing for the whole family, fun activities and school-related expenses can quickly add up. To be able to put away money for your retirement, emergency situations and your children’s college funds, you need to find ways to save money. By finding creative ways to cut costs, you can help your family to be more financially stable over the long-term.

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Shaping a Life of Significance

The Personal Side of Retirement

By Guest Author | October 3, 2016

Remarkably little attention has been given to such important questions as the impact of retirement on family relationships, friendships, and sense of self-worth. We know that such personal considerations are key determinants of satisfaction and fulfillment in every stage of life and this includes retirement.

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Your Family's Investment Plan

4 Reasons Your Family’s Investment Plan Isn’t Adding Value

By Tim McMahon | September 29, 2016

Investing for the “long-term” can help you weather financial storms both before and after retirement. Regardless of the amount of money in question, a savings/investment plan can assist in achieving various financial goals. From buying a house to savings for college to retirement.

However, creating an investment plan is one thing and making it work is something else. It is common for investment plans to go bust due to some frequent mistakes that most investors make. Knowing how to avoid the pitfalls will add value to that plan you have in place.

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Worry Free Retirement

Preparing for a Worry-Free Retirement

By Guest Author | September 28, 2016

Unfortunately, many people fail to begin saving early on, so they are unable to live as comfortably as they’d like in their golden years. To plan for your financial future and enjoy a worry-free retirement, there are a few important steps to take when thinking ahead.

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