by Christine | Apr 22, 2013 | Elder Care, Estate Planning |
Even if a copy of your living will ends up at the hospital with you — that's hardly guaranteed — doctors routinely don't know how to interpret them. They may still leave friends and family confused about what you want. End-of-life decisions are...
by Christine | Apr 18, 2013 | Asset Protection, Estate Planning, Prenuptial Agreement |
Most commonly, a prenup is drawn up to protect the spouse with greater separate assets from losing an unfair proportion of that wealth if the marriage should end. Spring brings about more than just Spring showers and May flowers. Don’t forget about those Spring...
by Christine | Apr 17, 2013 | Budget, Estate Planning, Individual Retirement Accounts (IRA), Retirement |
The proposal is being spun as a way to prevent wealthy private-equity executives from amassing huge IRAs—like Mitt Romney’s, once estimated to be worth as much as $100 million. But it would also curb the savings ability of self-employed professionals like doctors and...
by Christine | Apr 11, 2013 | Art, Estate Planning, Illiquid Assets |
Despite Mr. Simpson’s collection of museum-quality art, some of it housed in the Manhattan gallery he owned, which is now under lock and key, his family said it lacked the money for a burial. A million dollars worth of art is quite a collection! But this...
by Christine | Apr 10, 2013 | Estate Planning, LIfe Insurance |
Rather than talk with a high-pressure insurance agent, you might be tempted to simply start plugging numbers into one of the many life insurance needs calculators out there on the Internet. But even if one asks all the right questions, it can be tough to decide the...
by Christine | Apr 8, 2013 | Estate Planning, Inheritance |
The ugly truth is money can’t buy love. But it can be used to try to hurt the people you say you love. When planning your estate, you may want to assess the “fairness” of the inheritance you plan to leave behind and any potential hurt feelings along the way. You see,...
