Average Inheritance: How Much Are Retirees Leaving to Heirs?
This article explores average inheritance numbers. Find out if you can you afford retirement and a financial legacy and explore tips regarding inheritance.
Category: Estate Planning
What Happens When You Inherit Money? 7 Ways to Prepare
Inheritance is only one aspect of what can be a very emotional time period. It can be useful to know what happens when you inherit money or assets. Below are 7 ways to prepare. 1. Don’t Expect It The old adage, “don’t count your chickens before they hatch,” rings true when it comes to inheritances.…
Advice from Betty White on Not Retiring, Aging Well, and Living a Happy Life
Betty White, the Golden Girl, lived well and vibrantly and offered fans lots of insight into making the most of life at every age.
7 Reasons to De-Clutter Your Home in Retirement
Explore why de-cluttering is the ultimate retirement and estate planning task. 7 compelling reasons to clean out your closets this year.
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Family and Money: Tips for Discussing Finances and Retirement with Your Loved Ones
The holidays can be an important time to discuss finances with your family. Get tips for how to have a productive talk with those you love!
What is a Donor-Advised Fund?
Learn about donor-advised funds and the significant tax advantages they offer. Explore the downsides to this charitable giving strategy as well.
17 Powerful Tips for Retiring Alone (Or, If You Become a Solo Senior or Elder Orphan During Retirement)
Sometimes it feels like the world is designed for couples. People throw dinner parties for couples. Most forms ask about your spouse. And, let’s face it, retirement, and aging — an era when you’ll sometimes need a helping hand — can feel kind of scary on your own. Whether by circumstances or choice, the U.S.…
New Movie Highlights Scam: Explore 9 Tips to Protect Yourself from Predatory Guardianship
“I Care a Lot” is a new, well-rated movie on Netflix. It is creepy but entertaining, and it also highlights the need for seniors to be aware of potential financial scams — in this case, scams of abusive guardianship. The film, part comedy, part horrifying thriller, follows what happens when a long-term con artist targets…
6 Meaningful Ways to Leave a Financial Legacy to Your Heirs
When approaching retirement, it’s common for people to start thinking about legacy planning: how they’ll be remembered and what they’ll leave behind. In most cases, leaving a legacy for children, grandchildren, or charities – and other causes people are passionate about – takes careful planning and the advice of a financial planner. Read on for…
How to Ensure a Meaningful and Long-Lasting Legacy With a Purpose Trust
Preparing for retirement means having a financial plan as well as a good idea for what you want to do during this period of your life. Estate planning has a similar duo of goals: You want to establish clear instructions for how your money and other assets will be distributed as well as figure out…
3 End of Life Discussions You Must Have
End of life planning is often the last thing a pre-retiree wants to do. Also known as advance care planning, it’s not usually a top priority because who wants to think about death? But tackling the topic early on not only provides peace of mind, it also ensures your estate and loved ones will be…
Estate Planning: 11 Documents You Need for Coronavirus and Always
Now is a great time to update your estate plans. Get tips for doing it during coronavirus distancing and find a complete guide to the documents you need.
Estate Taxes: Where You Live is a Big Factor for How Much Your Heirs Will Pay
Trump promises cuts to federal estate taxes. But, unless you are very wealthy, what your heirs pay depends on where you live. Learn your state’s policies.
How to Become a Millionaire… AFTER Retirement…
How to become a millionaire? Increase your wealth? AFTER retirement? Um… No way you might say. So many retirement articles talk about how to make ends meet in retirement. And, most of us are indeed worried about running out of money and ask: “Will my savings really last as long as I do?” However, maybe…
Henry “Bud” Hebeler in Memoriam: A Life and Retirement Well Lived
Henry “Bud” Hebeler died on August 21, 2017 in Bellevue, Washington at the age of 84. Bud was a graduate of the Massachusetts Institute of Technology, graduating with three degrees, numerous awards and several fellowships. After graduation he began his career as an engineer at Boeing Aerospace Company and worked his way to becoming president…
Does Your Retirement Plan Include a Will?
When the time comes, and it comes for all of us, will your family have the luxury of grieving in peace? Or will they, instead, be burdened with the duty of sorting out your estate because you never got around to making a will? You can make your own decisions and leave a will, or…
Expert Interview with Frank Brunetti About Retirement Trusts and Estate Planning
With the world and our culture being more uncertain than ever before, it is exponentially more important to begin thinking about life after retirement, as well as the lives of our loved ones after we’re gone. And while it may be impossible to predict what the economy may be like down the line, all the…
Elder Financial Abuse: Tips for Protecting Yourself from Strangers and Your Own Family Members
As America’s aging population continues to grow, one crime in particular stands to gain from this booming cohort: elder financial abuse. It has already proven to be a $2.9 billion a year business, but nothing has stopped it from thriving. Why? It’s under-reported and misunderstood, according to the 2014 “Safeguarding Our Seniors” study by Allianz…