Category Archives for Tax
Are you truly prepared to retire? Do you really know?
The most common need of those preparing to step into retirement isn’t what you think: it’s confirmation that all the hard work, discipline and saving was enough.
Continue readingEstate Planning Fundamentals You Need to Know
It’s easy to put off because it can be morbid and often doesn’t kick in until late in our lives, but it’s an important piece to be thinking about for those of us who want to make sure our families are provided for.
Continue readingJudge Rules that Glen Campbell’s Kids Can Contest his Will
Last week, a judge in Tennessee ruled that the three children can dispute the validity of the wills that excluded them from inheriting. They petitioned the court to certify that a contest to the will exists, on grounds of his alleged lack of capacity and undue influence.
Continue readingA Different Way to Combat the Labor Shortage…Bring Back Older Employees
Soon after Ilana Benet retired from her job as a labor and delivery nurse, it hit her: She missed the babies. Her employer missed her…. she quickly realized — within weeks — that she wasn’t ready for full retirement.
Continue readingWill SAFE Act Really Make Seniors Safe? Some Don’t Think So…
In an attempt to take a step toward countering some of the negative impact of elder financial abuse, the government recently passed the Senior Safe Act in May 2018, as part of a bipartisan banking reform set of laws.
Continue readingCohousing May Be the Answer for Many “Golden Girls” and Guys
Here’s one answer to the “Where to go next?” question being asked by those inching toward retirement, or those looking to escape the increasing cost of Seattle living and combine resources with a like-minded community.
Continue reading9 “Hidden” Costs You Should Be Aware of Before Starting Retirement
If you’ve faithfully set aside money for retirement over the years, it pays to sit down and review your finances before you leave your job. You may be surprised to see that your budget has been drained by fees, including service and management fees tied to your retirement accounts.
Continue readingYou’ve Got Enough…Now How Can You Give the Rest Away?
Even if you’re not a millionaire, you may have reached a stage where you think, It’s enough. It could even be a bit too much. A second car may sit mostly in your garage. A beloved vacation home may have transformed from a place to relax to a place to maintain.
Continue readingWhy are We so Fascinated with Anthony Bourdain’s Estate Plan?
Ever since his untimely death, the press and the public hasn’t been able to get enough of Anthony Bourdain. His name caused another commotion this week, when his will was probated in New York.
Continue readingPotluck Dinners with a Side Dish of Funeral Planning
Every month or so, 49-year-old Amy Pickard hosts a potluck gathering at her apartment. They’ve been described as death Tupperware parties,’ she explains.
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