Statistically speaking, the younger you are, the more unprepared for unexpected death or incapacitation you’re likely to be. If you’re setting up a living trust, avoid these five common mistakes to help you and your trustees benefit from the full advantages this document has to offer.
It’s coming. At least that’s what we keep hearing about the next recession. And even though 2019 has helped us all breathe a collective sigh of relief after the market chaos at the end of 2018, our current record-breaking bull market won’t last forever. We’ve been through downturns before, and we’ll go through them again. The important question is: Will you be ready? Here are a few things to keep in mind that will help you prepare for the next market downturn, whenever it comes.
After losing a loved one, finances are the last thing you're worried about. However, taking care of their financial accounts and administrative tasks can keep their assets in good order.
When it comes to parenting, there’s no lack of milestones to walk through and important lessons to teach. Whether it’s passing on your values on work ethic, treating others with respect, or wise decision making, it can often seem overwhelming and downright intimidating, especially if it’s a topic we aren’t well versed in. Nowhere is this more true than with finances.
Typically, the cost of preparing a basic will is just a few hundred dollars, and only takes a day or two. Yet not having a will can come with severe consequences.
The death of a spouse is one of the most difficult events a person can experience. Beyond the tremendous emotional impact, it can also be a time of deep financial uncertainty. Learn how to begin navigating this next chapter of your financial life.
Top six money-saving budgeting tips every woman should be aware of and have in place for her finances.
Financial fears can paralyze anyone from making a decision about money, but for many women, money matters are particularly terrifying. Why all the fear? What's holding females back? Here are five of the most common fears women have when it comes to money and ways to overcome them.
Is your financial advisor a fiduciary? Maybe you assume he/she is but it's important to educate yourself on the differences between a fiduciary vs. salesperson.
We hear messages all the time about the importance of life insurance and the devastating effects a death, expected or unexpected, can have on our finances. But in 2018, more than 4 in 10 people didn’t own a life insurance policy in any amount and 20% of those who did said they were underinsured. Whether it’s because life insurance is confusing, too much of a hassle, or too costly, many people who need life insurance aren’t sufficiently covered. While there’s no one-size-fits-all solution to everyone’s life insurance needs, here are four questions that will clarify life insurance and help you make the right decisions.