You’re not alone if you don’t fully understand the value and benefits that life insurance can give you as part of a retirement plan. Kiplinger’s recent article, “Don’t Overlook Advantages of Making Insurance Part of Your Retirement Plan,” says many folks see life insurance as a way to protect a family from the loss of
For many, divorce is one of the most stressful and unpleasant times in their lives. For others, it’s simply a confusing and inconvenient hurdle to get through. Whichever situation applies to you, you probably want to get things moving along as quickly and as smoothly as possible after making the decision to end your marriage.
Special needs trusts are an important part of estate planning. They are sometimes called supplemental needs trusts. They provide families with a safe, secure, and protected way to ensure the long-term care and financial well-being of their children or other loved ones with special needs. Unfortunately, issues can arise and conflicts can emerge where Special
Administrators and executors of the estate, assets, or trust of a decedent (that is, a person who has passed away) perform the same duties with respect to the will, trust, or estate that they are charged with caring for. The key difference between the two comes down to how the administrator or executor is appointed.
A proprietary lease is a complex yet common agreement between the tenants or residents of a cooperative building (a co-op) and the cooperative corporation managing and running the building. Co-ops are highly common in New York City, but living in a co-op is different from living as a tenant, resident, or owner of your own
“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
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
“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
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
“It is not what you do for your children, but what you have taught them to do for themselves that will make them successful human beings.” Ann Landers “There are only two lasting bequests we hope to give our children. One of these is roots, the other, wings.” Johann Wolfgang von Goethe Is it a good idea
