Famed for a long string of husbands, Zsa Zsa’s estate auction will include the glamorous four-poster bed that she shared with three of her nine husbands. Yes, nine! If you’re in the market for glitz, check out the estate sale of the late Zsa Zsa Gabor, actress and socialite as…
A survey found that Gen Xers are less concerned about retirement planning than they are about other financial challenges. Don’t forget that group that’s between the headline grabbing millennials and boomers: Generation Xers, Americans between ages 36-55. A survey from the IRA (Insured Retirement Institute) appears to have uncovered a…
The new Tax Cuts and Jobs Act have made the Roth more attractive as retirement savings vehicles. Here are the two biggest tax advantages from Roth IRAs: withdrawals are tax free, and you don’t have to worry about required minimum distributions. According to MarketWatch’s article, “How the new tax law…
If you are an adult, you need a will. If you are a parent, you need a will that names guardians for your minor children. Anyone who is an adult, should have a will. The core of an estate plan is a document known as a will, the legal document…
They say that numbers don’t lie—and you definitely want to know about this data! Before you decide to retire at age 62 and start taking Social Security benefits, you may want to dig a little deeper into the statistics, especially if you are a man. “Your life might depend on…
Ben Franklin said, “An ounce of prevention is worth a pound of cure.” That’s why Medicare provides free screenings and examinations focused on prevention. Yes, you still have to spend a lot of out-of-pocket money on healthcare, but a recent article in AARP ,“10 Free Services Medicare Provides,” reports that…
The rules for IRA distributions can be complicated. Unforeseen circumstances can make things even more complex. Understand the rules, so the money goes where you want it to. What happens if you designate each of your two adult children as 50/50 beneficiaries of your IRA, and then one of them…
Before he died, the owner of the New Orleans Saints and Pelicans gave millions of dollars of property to his daughter and her children, but they were not included in his last will and testament. The last will of multi-millionaire Tom Benson, who owned several professional sports teams and other…
With a growing population of elderly, the lack of regulations and oversight has led to a disastrous situation for adults who lose civil liberties via guardianship proceedings. A review by the Reading Eagle of court documents in three Pennsylvania counties show that when it is necessary for Adult Protective Services…
Remember to update your estate plan, especially if your life includes events like new kids, a new marriage or the death of a loved one. If you love your family, you’ll keep them in mind when considering whether to make an appointment to update your estate, as you go through…