“Now that you rented your old house to your daughter, that home may be considered a rental home on your federal income tax. You get to...

“People frequently hear that they should visit their attorney to have their wills and other important legal documents prepared, but many...

“For couples, timing when to claim your Social Security benefits can be tricky, especially if one of you earned far more during your...

“It takes more than the next generation’s willingness to farm, to see your operation continue. It also requires estate planning.” Among...

“Life insurance trusts have long been hailed as a smart way to provide financial protection for loved ones, while simultaneously avoiding...

There may be only one conversation more difficult than telling children the facts of life. It’s telling loved ones what you want at the...

“There are a number of reasons why people approaching retirement might want to relocate. Chief among them is the need to stretch their...

“One of the main components of a Will, is the portion where the person making the Will (the Testator) names the Executor.” These are the...

“Among the hottest telephone scams in the United States right now is the ‘Someone Stole Your Social Security Number’ ploy.” The typical...

“Have you considered how to pass on your non-material assets?” When the discussion turns to ethical wills, people often sigh and say they...

“Retirement experts say failure to invest enough and not judging your spending are two of the biggest pitfalls.” The biggest, most...

“No matter our age, it makes a lot of sense to name a healthcare proxy, someone to make critical medical decisions for us in a crisis.”...

“New rules let some individuals put away more money in these plans, while still preserving their benefits.” Anyone, including the...

“Like many couples, Susan and Larry, who were married for 46 years, had divided the financial chores. Larry handled the investments, and...

“Two very dear friends of ours have lived together, unmarried, for more than 20 years. He owns the house. Both were married before and...

“Franklin D. Roosevelt signed the Social Security Act in 1935, creating the federal agency behind the benefits. Two years later, the...

“Gifting can be done for other reasons during life or as bequests at death. The reasons for doing so could be to accomplish non-tax or...

“There are several major considerations that need to be evaluated before any provisions in the trust document are drafted with the...

“In some situations, financial advisors will shift some of a client’s assets to a single premium immediate annuity, so they can put off...

“Invest in a good shredder to destroy sensitive personal information to protect against fraud or identity theft.” Start by making a...