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Surviving Spouse Needs An Estate Plan

“If there ever comes a day when we can’t be together, keep me in your heart. I’ll stay there forever.” A.A. Milne “The boundaries which divide Life from Death are at best shadowy and vague. Who shall say where the one ends, and where the other begins?” Edgar Allan Poe When one spouse dies after

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Life Insurance for Elders?

Life Insurance for Elders? Should you continue to keep the policy, asks the Milford Beacon in the article “Should you keep your life insurance?” For term insurance, the answer is fairly straightforward. If the need for the death benefit is done, like paying off a mortgage or being able to pay for the kid’s college

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Are You Retiring? Here’s What You Need to Know

“The joy of retirement comes in those everyday pursuits that embrace the joy of life; to experience daily the freedom to invest one’s life-long knowledge for the betterment of others; and, to allocate time to pursuits that only received, in years of working, a fleeting moment.” Byron Pulsifer “Age is an issue of mind over

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Why Do Even the Middle Class Need Estate Planning?

When it comes to estate planning, you may think that you don’t have the wealth that would require you to engage in extensive estate planning. If you have a will, you might think that’s good enough. Forbes’ recent article, “Why Estate Planners Aren’t Just for the Ultra-Rich,” says that nothing could be further from the

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Spare Your Family From a Feud: Make Sure You Have a Will

Spare Your Family From a Feud: Make Sure You Have a Will “The problem with revenge is that it never gets what it wants; it never evens the score. Fairness never comes. The chain reaction set off by every act of vengeance always takes its unhindered course. It ties both the injured and the injurer

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Using Trusts to Maintain Control of Inheritances

“The spendthrift robs his heirs the miser robs himself.” Jean De La Bruyere “If the Nation is living within its income, its credit is good. If, in some crises, it lives beyond its income for a year or two, it can usually borrow temporarily at reasonable rates. But if, like a spendthrift, it throws discretion

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What are the “Must Have” Estate Planning Documents?

What are the “Must Have” Estate Planning Documents? “Leave nothing for tomorrow which can be done today” Abraham Lincoln “There is nothing like the death of a moneyed member of the family to show persons as they really are, virtuous or conniving, generous or grasping. Many a family has been torn apart by a botched-up

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What Happens to Social Security when Your Spouse Dies?

The United States Social Security Administration is an independent agency of the U.S. federal government that administers Social Security, a social insurance program consisting of retirement, disability, and survivors’ benefits. Wikipedia. If a movie is really working, you forget for two hours your Social Security number and where your car is parked. You are having

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What If My Beneficiary Isn’t Ready to Handle an Inheritance?

“There are only two ways to live your life. One is as though nothing is a miracle. The other is as though everything is a miracle.” Albert Einstein “The old who have died live on in the young ones. Don’t you feel this now in your bereavement, when you look at your children?” Albert Einstein

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