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.

Saving for College with a 529 College Education Plan

By Guest Author | September 28, 2012

College Education Plan- If you have children that are planning on attending college, you’re probably wondering exactly how you’re going to pay for their tuition, room, board, and all the other costs associated with getting a college education. Fortunately, there are ways to go about it, but you should start saving as soon as possible. […]

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To Rent or Buy: That is the Question

By Guest Author | September 27, 2012

As a young person, once you decide it’s time to move out of your parent’s house or upgrade from a college dorm room, the next step is to determine exactly where you want to live. You have two options for living situations. You can either rent, or you can buy. Unfortunately, there is no easy answer to whether […]

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Losing Money faster than you’re making it? Tips for Managing Finances

By Guest Author | September 26, 2012

Financial Management is not Rocket Science- Do you have numerous bank accounts, various credit cards and personal budgets, but no overall plan? Are your financial management strategies haphazard? Lack of proper organization and planning normally leads to short -term financial disaster and long-term less than optimal results. You should tread carefully when it comes to managing finances, in order to […]

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How to Hide Cash and Valuables at Home

By Guest Author | September 25, 2012

Do you have a large sum of money and/or numerous items of value in your home? If your answer is yes, it may be in your best interests to hide these things in areas that are inconspicuous or unordinary. Since intruders often look in routine areas when they break into a home, you want to […]

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The Pros and Cons of an Early Retirement

By Guest Author | September 24, 2012

Early Retirement- The traditional age for retirement has always hovered around 65 then it began to drop toward 60. However, the latest trends suggest that this age may be getting pushed forward even more to around 70 to 75 years. There are reasons why people simply do not want to stop working after 60 and […]

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5 Don’ts for Your First Student Credit Card

By Guest Author | September 23, 2012

It’s that time of year. College students are back in school or starting for the first time. They are getting things like class schedules, dorm rooms and of course, budgets organized. A big part of student finances is often the first credit card. Your first student credit card can give your credit a good boost, […]

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Five Reasons Your Business Needs a Virtual Data Room

By Guest Author | September 22, 2012

Virtual Data Room- As everything goes digital, it becomes more and more important to establish new methods for quickly disseminating information. It isn’t enough to simply store files on a hard drive; they need to be accessible and well-organized. A well-managed file system can help ensure that nothing falls through the cracks, and giving the […]

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Teaching Kids Money Management Skills and Entrepreneurship

By Guest Author | September 21, 2012

Today, a new generation of children is emerging. Gone are the days when families have children primarily to earn their keep on the farm. Now, children are not happy unless they have the latest and greatest technology such as iPads, iPods, laptops, and iPhones. The value of a dollar has dropped drastically and as parents, […]

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Majors for Fiscally Minded Students

By Guest Author | September 20, 2012

At one time in our history, attending college was just another rite of passage for many high school graduates. They often gave no serious thought to selecting majors that would be advantageous on the job market, and many chose to pursue educational goals solely because they had a personal interest in the subject matter. Rising […]

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Do You Know That You Can Lower Your Car Insurance Costs?

By Guest Author | September 19, 2012

Car insurance is a necessity for any family. With insurance, car owners can cut the costs of repairs, maintenance, liabilities, and other financial responsibilities related to their car use. A lot of families tend to reduce their household budget to address their car insurance premiums. This is why it is extremely important to decrease the […]

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How to Finance a Car with Bad Credit

By Guest Author | September 18, 2012

If you’re in the market for a different set of wheels, you’ll most likely have to take out a loan. Unless the vehicle you’re looking at is only a couple hundred dollars, you probably don’t have the cash on hand to simply rush out and buy it. That means taking out a loan, and if […]

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