Ignoring—or even putting off estate planning can be a huge mistake, as these celebrity stories will highlight. These famous celebrities’ stories offer first-hand evidence of just how critical it is to engage in estate planning, even if it’s uncomfortable.
Merging two families into one presents unique legal and financial challenges that can cause significant conflict and distress unless effective estate planning has been put into place early on. Here are a few of the most common issues that blended families should keep in mind when it comes to estate planning.
President Trump signed the new Tax Cuts and Jobs Act bill into law on December 22, 2017, and the law includes a number of historic changes to the federal tax code. However, the vast majority of the most dramatic changes are aimed at business taxation, not individual taxpayers. So, how will the new tax law effect your family?
Since estate planning involves thinking about death, many people put it off until their senior years or simply ignore it all together until it becomes too late. This kind of unwillingness to face reality can create major hardship, expense, and mess for the loved ones and assets you leave behind. So how do you avoid making estate planning mistakes?
Whether you’ve met with an estate planning attorney before or it’s your first time, it’s important to understand how working with an estate planning attorney is different than meeting with a traditional lawyer.
Suze Orman Says This Is the Age You Should Retire—Not a Month or Year Before (and Here’s What She Misses)
If you’re middle aged or older, it’s likely that one of your most pressing concerns is not having enough money for retirement. While most plan to retire in their 60s, Suze Orman believes this simply isn’t realistic anymore because of increased lifespan, rising healthcare costs, and the increased need to care for aging parents.
A divorce can severely affect a child’s emotional well-being, and in extreme cases, even tear apart a parent’s personal relationship with their offspring. Platonic Parenting is an arrangement gaining popularity as an alternative to traditional divorce in which spouses stay closely connected (even cohabitating)—in order to more effectively raise their children and reduce trauma.
Last week, we shared the first part of our series: 4 cryptocurrency risks and scams and how to navigate them. In part two, we discuss two more common traps to be wary of when investing in digital currency.
It’s no secret that Bitcoin and other brands of cryptocurrency are one of the hottest new investment opportunities. Before you invest, learn what are the cryptocurrency risks and scams you should worry about and how to navigate them.