Managing the Early Part of your Retirement
Experts define early retirement as the years from when you retire until you are 70. Of course, if you do not retire until you are 70 or more, then these steps can apply to you as well. Now that you have been retired for a year or two, you should [...]
How to Use Your Retirement Money
When it is time to shift from being employed to a retiree, all of that saving that was done needs to come into play. There are some things to remember as your savings are now going to be the primary source, and way to generate, income. Watch Your Retirement Withdrawal [...]
Will Your Life Insurance Increase Your Inheritance Tax?
Having the assets you worked hard in life to acquire pass on to whom you wish they go, and not the government, then you need to know exactly what is going to be considered part of your estate. You may not realize it, but your life insurance policies can be [...]
Administering an Estate
If you have been named the executor of the estate of a loved one you may be wondering what responsibilities may fall to you should your loved one pass. Here are some of the things to expect if you are appointed the executor of a will. First: Take Your Time [...]
Is it Time to Retire?
When is the right time to retire? That is a very complicated question that can have several variables in the answer. While some people continue to work well into their 70s, either by choice or by necessity, most people have plans to retire at some point. So when is the [...]
Make Sure Your Legal Agent Will be able to Act on your Behalf
Having someone that can act for you when you are unable to is the whole reason for drawing up a power of attorney. Are you in danger of having your representative not be allowed to speak on your behalf with some agencies? Banks, investment houses and other agencies may not [...]
Will your Power of Attorney Work?
Having a person appointed as your power of attorney is a necessary step to ensure that your wishes are followed if you are incapacitated or unable to speak for yourself. However, due to liability lawsuits there are certain banks, investment houses and other entities that might not accept your power [...]
Provide Tax Free Help for Kids’ or Grandkids’ College with a 529 Plan
Are you looking for way to invest in your children or grandchildren’s future? Providing them with assistance for college is a great way to do this. The good news is that there is now a plan that is available that will allow you to put away money, tax free, for [...]