What are the financial issues that come with remarrying later in life? I’ve been seeing a wonderful man for two years, and we’ve been talking about marriage, but I want to make sure we understand all the possible financial consequences before getting hitched.
That’s a great question. Getting remarried later in life can actually bring about a host of financial and legal issues that are much different and more complicated than they are for younger couples just starting out. Here are some common problem areas you need to think about, as well as some tips and resources that can help. Continue reading
Great review of basic considerations before finalizing your estate plan.
“Who should receive my property?” asked Helen to her attorney, Clara. “There are so many decisions to make. Since Morgan passed away, I need to make these decisions myself. Should I give property to the children outright or in trust? Is there a best age for them to receive the property? And what if one of them were to pass away before I do? The grandchildren are still too young to manage property. I also have made a loan to one of the children. Should I forgive that loan? And what about my dog Rover? Who will take care of Rover?” Continue reading
The government has made a commitment to close the “donut hole” gap in Medicare coverage by 2020, but many current beneficiaries still find themselves falling into this pricey crevasse. Continue reading
Hollywood can be a great platform to provide mass exposure to many of the issues and challenges that plague society. It’s like the cliché, “art imitates life.” For example, the film Still Alice portrays some of the challenges families endure when one family member suffers from the Alzheimer’s disease. The success of the film, and the awards won by its leading lady, Julianne Moore, have brought awareness of these trials to the forefront of society. However, when the lights of the theatre dissipate and the box office numbers dwindle, the real-life caregivers and their challenges with their Alzheimer’s patients continue. Continue reading
Most Americans could stand to improve their knowledge of retirement planning, but it is especially important for unmarried women. Here’s what you should know. Continue reading