Individual Retirement Accounts (IRAs) are a key part in estate planning. Upon your passing, your IRA(s) will be distributed according to the beneficiary designations, even if your will and/or trust(s) instruct assets to be transferred differently. You identify your primary and contingent beneficiaries upon opening your IRA — but how often do you review them?
With hurricane season upon us, it is important to consider precautionary steps you can take to protect your home against a flood.
With so many wonderful and exciting destinations out there, it is no wonder why so many individuals love to travel. When planning your next vacation, you should spend time considering some safety tips in addition to your exciting itinerary. Being an informed and prepared traveler can help keep you safe while you’re exploring the world.
The decision to carry earthquake insurance is purely personal and, oftentimes, is not an easy choice. Earthquake insurance is generally not included in your homeowners insurance policy, so it should be purchased as a separate policy or as an endorsement to your homeowners policy.
While some consider becoming a successor trustee a great honor, it is also a great fiduciary responsibility. As successor trustee, it is your duty to ensure that the trust estate is handled according to the trust document and the trustor’s wishes. When a loved one passes away, there are many tasks to be done and things to consider. Below is a list of some actions the successor trustee should consider.
For the first time since the data collection began in 2002, there are more job openings in the US than there are people unemployed (see chart below). We are currently in the second-longest economic expansion in our history, and if it continues through July 2019, it will become the longest. This has led to a period of prolonged job creation, which has driven down the unemployment level below four percent.
Old-School Scams Still Work, Even On Younger Generations
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There’s so much buzz about AI taking over the scam universe, it’s easy to forget that "old school" scams are effective, especially when retirees are targeted.
5 Entrepreneurial Mindsets That Drive Success
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Here are the mindsets shared by the most successful entrepreneurs.
The New, More-Hopeful Face of Alzheimer’s Disease
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Advances in early detection and management of the disease have changed the way patients view an Alzheimer’s diagnosis—and how they live with it.
How to Hit a Golf Ball Farther, According to Research
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These are the physical attributes that can make a big difference—and those that won’t.
What Middle-Aged People Can Do Now to Help Prevent Dementia Later
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Intervening earlier to improve brain health might help you stay sharper as you age.