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.
Hiring a Wealth Management Service

Questions to Ask When Hiring a Wealth Management Service

By Tim McMahon | December 9, 2022

When dealing with finances, you want to take your time. That is why conducting research before hiring a wealth management service is critical. There are numerous services available, each claiming to be the best. How can you be certain that you’re making the right choice? Ask these seven questions when hiring a wealth management service to get the best possible option.

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comparing moving estimates

7 Tips for Comparing Moving Estimates

By Guest Author | December 7, 2022

Are you planning on relocating? Use these 7 tips for comparing moving estimates to ensure you get the best deal.

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Successful Financial future

Keys to Your Child’s Successful Financial Future

By Tim McMahon | November 30, 2022

The keys to a successful future are learned early. Whether you have always made sound financial choices yourself, or if you have struggled with your finances at some point in the past, you probably want to help your child be financially stable as they grow older. Here are five keys that you can use to help your child prepare for a financially stable future.

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Financial Literacy

How To Teach Your Teen Financial Literacy

By Tim McMahon | November 23, 2022

Financial literacy is one of the most important things you can teach your children. The earlier you can get kids to understand the importance of saving money, the better. Teaching your children money management skills early will help them prepare for emergencies and ensure they can afford life’s necessities when the time comes. Here is how you can teach your teens to handle money wisely.

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Loan Modification

4 Ways a Loan Modification Can Help You

By Tim McMahon | November 19, 2022

A loan modification can be an excellent way to help you during difficult economic times. It can especially help if you’re having trouble making your mortgage payments. However, it is critical to understand that a loan modification is not a panacea for all financial problems. Here are four ways a loan adjustment can assist you […]

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Storage-Unit

Can a Self-Storage Unit Save You Money?

By Guest Author | November 14, 2022

There are multiple ways a self-storage unit can save you money and help you live a better-quality life. Explore these ideas, might need them.

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My Last Will

Planning Your Legacy: 5 Estate Planning Ideas

By Tim McMahon | November 11, 2022

Thinking about your final wishes is never an easy topic to address. Whether you have young children or are nearing retirement, the thought of your death is something most people actively avoid thinking about. However, making preparations for when you’re no longer around is a smart move—especially if you have a lot of assets or property to leave behind. Estate planning isn’t just for super-rich individuals; these tips are essential for anyone who has accumulated wealth and wants to protect their loved ones after they pass. If you’re hoping to leave a legacy after you’re gone, there are several key estate planning ideas that can help keep your family protected and prevent potential issues from arising once you’ve passed away.

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Babysitting

4 Side Hustles to Pocket Some Coin

By Tim McMahon | November 8, 2022

Prices are skyrocketing on almost everything these days. Whether you’re shopping for groceries, buying a new car, or making some home improvements, everything costs more than it did a few months ago. Yet rather than fall behind financially, you may want to find some easy ways to make some extra money. If so, here are four side hustles that can help cover those increases.

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Marshmallow Test

How to Successfully Reach Your Financial Goals

By Tim McMahon | October 15, 2022

Money is one of the biggest day-to-day stressors in most people’s lives. And yet, having financial goals and aspirations is incredibly important in order to ensure future stability and happiness. Below are some ways to achieve your goals without giving yourself gray hair.

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Mortgage Documents

Documents You’ll Need When Buying Your First Home

By Tim McMahon | October 10, 2022

Your mortgage could be for a hundred thousand dollars (or more), so, your lender will not simply take your word for everything and hand over the money. Instead, they will want to review various documents

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Common-Car-Repairs

Devastating Budget Buster Or Timely Car Repair?

By Tim McMahon | October 4, 2022

Even if you have excellent auto insurance, it is still a good idea to set aside a little bit of money every month for car repairs. Although damage can happen in the blink of an eye, often it’s just time, and regular wear and tear that takes its toll on your vehicle.

And having a small emergency fund is going to give you peace of mind knowing that you can handle those repairs without breaking the bank.

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Save Money This Fall

7 Ways To Save Money This Fall

By Tim McMahon | September 28, 2022

With inflation at over 8% in August, it is an important time to begin watching every penny (if you haven’t been already). According to the official government agency tracking prices, i.e. the U.S. Bureau of Labor Statistics (BLS), food prices increased 11.4% from August 2021 to August 2022. Gasoline prices are up 25.6% over the same period. A new car will cost you 10.1% more, and even a used car will cost you 7.8% more than it would have a year ago. And these are the “official” numbers… many believe the actual numbers are much worse.

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