Category: finances

Estate planning after divorce: 5 things to do

Estate planning after divorce: 5 things to do

Going through a divorce is tough. The last thing you want to do post-divorce is sit down with another attorney to go through your estate plan. However, you just experienced a significant life event.  Estate planning after divorce is critical to preserve your assets and protect your children.

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8 tips to help seniors avoid scams

8 tips to help seniors avoid scams

CNBC reports that older Americans have been scammed to the tune of $3 billion annually. But what is the best way to help seniors avoid scams? Vigilance!

First, be aware of the threats seniors face from criminals and scammers. Identity theft is on the rise especially from computer programs. If you have aging parents, they could fall victim to the many of the sophisticated attempts to get personal information. Continue reading “8 tips to help seniors avoid scams”

For richer or poorer: Having a financial conversation with your spouse

For richer or poorer: Having a financial conversation with your spouse

Having a financial conversation with your spouse may be harder than scheduling a date night. While it may be boring and uncomfortable going over finances and budgets, it is important for your family’s financial health. Talking about spending and saving gets you and your spouse on the same page working together towards your shared goals.

Many times, one spouse primarily pays the bills and manages the money. What happens if the spouse handling the money suddenly becomes incapacitated or dies? The spouse left behind has to figure out everything.

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