The number of senior Americans who are being diagnosed with Alzheimer’s disease and dementia is declining. According to one study, researchers think that one reason for this decline might be because of an increase in education. Continue reading
Tag Archives: Create
Capital Gains Tax Bypassed
Peter and Gail were nearing retirement. Over the years, with the help of their financial advisor, they made solid investments in securities and built a sizable portfolio. While their investments increased substantially in value, their potential capital gains tax bill was rising. Now with retirement on the horizon, they were looking for a way to sell their highly appreciated stock, generate income for their future and avoid paying high capital gains tax. Continue reading
5 Ways Seniors Can Leave a Legacy for Their Grandchildren
You have a wealth of knowledge, stories, skills, and an important history that you want to make sure you pass down to your children and your grandchildren. Gathering together all the details of your life for future generations can seem daunting, but it doesn’t have to be difficult. Here are some easy ways you can make sure you leave a legacy. Continue reading
The Consequences of Dying Without A Will
What will happen to my money and possessions if I die without a will?
If you die without a will, what happens to your assets will be determined by the state in which you reside. Every state has intestacy laws in place that parcel out property and assets to a deceased person’s closest relatives when there’s no will or trust. Keep in mind these laws vary from state to state. A good resource to help you find out how your state works is About.com’s Wills and Estate Planning site, which provides a state-by-state breakdown of how your estate would be distributed if you die without a will. See StateIntestacyLaws.com for a direct link to this page. In the meantime, here is a general (not state specific) breakdown of what can happen to a person’s assets, depending on whom they leave behind. Continue reading
Five Reasons to Create An Endowment
The United Methodist Foundation for the Memphis & Tennessee Conferences Endowment program continues to grow, because our churches and individuals recognize the benefits of creating their own endowment funds. Continue reading