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.
Doctor

The Financial Dangers Of Avoiding The Doctor

By Guest Author | December 4, 2013

Everyone should have checkups on a regular basis. Often when we are trying to save money we skip check-ups because they cost money. But this may be a case of  “Penny Wise and Pound Foolish.” Regardless of the reason you are avoiding the doctor, not having checkups can lead to extra financial costs in the […]

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Costs Associated With Home Health Care

By Guest Author | December 4, 2013

Studies across the country estimate that at least 70 % of people, over the age of 65, will need some form of long-term health care or support services in the future, given the longevity of life in present times. Caregiving is usually an emotional strain, taking a toll on the health and emotional balance of the caregiver. […]

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How Respect At Home Leads To Respect In The Office

By Guest Author | December 3, 2013

Morale in the workplace is a major problem for some corporations, but less of an issue for others. What do positive environs have that is missing elsewhere? Can strong morale positively affect finance? Perhaps it is the respect employees have for each other and which the employer has for his/her staff which makes the greatest difference. […]

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The Permanent Vacation

By Tim McMahon | December 2, 2013

Over the years my wife Lisa and I have traveled quite a bit. Together we’ve visited Canada, Mexico, Panama, Guatemala, Ecuador, Dominican Republic, Thailand and China (plus a few others). Separately, I’ve visited a few more. We’ve often considered moving to one of these beautiful, relaxed and low cost locations. Each has its own charm and […]

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Small Business

5 Unlikely Profitable Businesses Down Under

By Guest Author | November 24, 2013

Aspiring entrepreneurs might find it interesting to know that the most profitable industries for small businesses down under at the moment include app development for smart phones, Internet dating and decorating and painting. A new report has revealed which businesses have the biggest profit margins , or their earnings as a ratio of their revenue, […]

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Estate Planning

Is Life Insurance for Pensioners?

By Guest Author | November 21, 2013

When it comes to life insurance there always seems to be a focus on newlyweds, young families and mortgages. However, the older generation can benefit as much from life insurance as the younger one. Taking Out Life Insurance Life insurance is sold to younger people to make sure that in the event of their death […]

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What is a Structured Settlement?

Should I Sell My Structured Settlement?

By Guest Author | November 16, 2013

A structured settlement is a financial settlement paid out as an annuity rather than in a lump sum. It is often the result of a legal or insurance claim. In 1982 Congress created special tax rules to encourage the use of structured settlements to provide long-term financial security to seriously injured victims and their families. […]

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Are You Gambling with Your Family Finances?

By Guest Author | November 15, 2013

Protecting Against Emergencies Protecting your family from disaster doesn’t have to be difficult. Of course, having an emergency fund is a good place to start, but what about other disasters that are right around the corner? What do you do about medical emergencies, pet emergencies, or a natural disaster? Health Insurance With Obamacare health insurance […]

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3 Ways to Shop Black Friday Like a Pro

By Guest Author | November 14, 2013

Black Friday is the busiest shopping day of the year, and setting out to get the best deals requires a thick skin and a game plan. You can save hundreds or thousands of dollars if you shop Black Friday sales, but it’s not always realistic to make it to every store to get every item […]

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Annuities

Must Know Information About Annuities

By Guest Author | November 13, 2013

Annuities are amazing financial products. They let you kick back, relax, and stop worrying about your retirement savings. An insurance company takes over management of your funds, and guarantees a monthly income for life. But just because annuities are great products doesn’t mean all annuities are right for you. There are actually several different ways […]

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Intervention

Stop the Madness: How to Finance an Intervention

By Guest Author | November 12, 2013

In cases involving serious chemical dependency problems, often, a simple family intervention may not be enough. You may need a professional to come in. The costs involved may be far greater than you can afford, though. You may need to find financial assistance. Picking the Right Intervention Model Many people shy away from the very […]

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Reasons People Aren’t Buying Annuities (And Why they Should)

By Guest Author | November 6, 2013

Annuities are a way of investing your money so that you are guaranteed to receive a set income for the rest of your life. Many financial experts champion these financial products as a realistic portion of your retirement plan. However, many people who should be buying them aren’t opting to do so. Less than $200 billion of […]

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