An unfortunate, but common, scenario: You and your spouse get divorced. You remarry, but die shortly thereafter. Your loved ones...
There are two ways in which the 3.8 percent net investment income tax (NIIT) can have an impact on your estate plan. It can raise your tax...
One strategy to lower your taxable estate is lifetime giving. However, there is a gift tax rate of 40 percent. If you have exhausted your...
In an interview for Stretcher.com, Attorney Andrew Hook explains the meaning of a revocable living trust by dividing the term into its main...
Many people will inherit the house in which their parents lived. Deciding what steps to take with respect to the house can cause you to confront...
There are people who wish to work when they have reached their 60s, 70s and beyond, but are concerned that their income will adversely affect...
While government policies can adversely affect your retirement, there are steps you can take to minimize the impact that they can have on...
When withdrawing funds from individual retirement accounts, Roth IRAs and other such accounts, retirees may encounter inconveniences, taxes...
Although most people plan to work until they reach their full retirement age of 66, or 67 if you were born after 1942, some workers find themselves...
When people engage in retirement planning, they often fail to think about transportation. They do not consider that a time may come when they...
As companies divert the costs of health insurance to their employees, health savings accounts (HSAs) and health reimbursement accounts (HRAs)...
Although men’s 401(k) balances tend to be larger than women’s, there is evidence to suggest that women may outperform men where retirement...
The reverse mortgage rules that became effective on Aug. 4, 2014 should address any concerns held by married couples who are contemplating...
The new reverse mortgage rules that became effective on Aug. 4, 2014 should allay any fears or concerns held by married couples who are contemplating...
Digital assets represent an aspect of your estate that needs protection as much as the more traditional assets in your estate. In fact, someone...
Naturally occurring retirement communities (NORCs) are communities that were not initially created for seniors, but rather evolved over time...
Retirement planning is essential for young people in the millennial generation, and money put away while young will grow much more than money...
Americans are living longer than ever before, and for many people, Social Security retirement benefits represent only part of the income they...
Older people are getting divorced more frequently than ever before. Divorce can be a significant roadblock for retirement planning and financial...
Estate planning is a complex process, and typically involves learning some new terms and concepts. Some of the most important estate planning...