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5 Lessons Joan Rivers Can Teach Us About Estate Planning

Legendary entertainer Joan Rivers, who died last week at age 81, broke barriers in the world of comedy. But Rivers left another important legacy. An extremely savvy businesswoman, Rivers accumulated an estate valued between $150 million and $250 million in assets, thanks to lavish real estate, collectibles, and income from TV hosting and QVC clothing and jewelry royalties. Not surprising for a woman who […]

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Grandparents: The Unsung Heroes Of College Savings

Last Sunday, September 7, was National Grandparents Day, and they certainly deserve a collective cheer for all they do to help raise the new generation in today’s very challenging financial environment. Grandparents are helping out like never before. My neighbor, who retired a few years ago, now babysits her two grandchildren during the week so their mother, […]

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A Cheat Sheet For Estate Planning

A Cheat Sheet For Estate Planning

If you’re confused about estate planning, as many people are, here’s a link to a helpful Wall Street Journal article by financial journalist Tom Lauricella introducing you to the four estate planning documents everyone should have. 1.  A will The most basic estate planning document is a will. “Many people think they don’t need a will. But sitting down […]

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Thrift Savings Plan: The Hidden Pitfall That Could Cost Your Heirs Thousands

Many of you already know that government employees and the military use the TSP – or Thrift Savings Plan – as their go-to 401(k) plan. The TSP is a great savings plan due to its low-cost investment options (I should know – I was a participant years ago while in the Foreign Service). However, offsetting all the great […]

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Quote Of The Week: Alzheimer’s Is Third Deadliest Killer

“Alzheimer’s may be the nation’s third-most deadly killer, according to a study that suggests many more Americans die from the disease than is known.  As many as a half-million people in the U.S. are killed by Alzheimer’s each year, or about five times more than the 83,494 now cited on death certificates.” “The findings should […]

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7 Out Of 10 Baby Boomer Wives Outlive Husbands

Half of all wives are widowed before age 60. Seven out of 10 baby boomer wives are going to outlive their husbands. Those are daunting statistics for women and men alike. And few are prepared for the reality of life on their own. That reality can be very overwhelming, especially in the beginning. While there […]

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More Estate Planning Lessons From Downton Abbey

Over ten million Americans tuned in Sunday night to see the long-awaited fourth season of the British hit show Downton Abbey, which follows the life, loves and travails of an upper crust English titled family and their servants in the tumultuous 1920s. The show has also provided rich fodder for the “what not to do” school […]

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Quote Of The Week: The 10 Warning Signs Of Alzheimer’s

“Alzheimer’s disease is the only cause of death among the top 10 in the United States that can’t be prevented, cured or slowed down.” Ben Tinker, CNN, July 18, 2013, “The 10 warning signs of Alzheimer’s”   If you have experienced Alzheimer’s first-hand in your family, you know how frightening the disease can be. More […]

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Estate Taxes 2013: Big Sigh Of Relief

With all the confusion over year-end changes in tax laws, the good news over estate taxes may have gotten lost in the shuffle. If you missed it, here’s a quick update: Under the American Taxpayer Relief Act signed into law in January 2013, the federal estate tax exemption of $5 million per person was made permanent. Since […]

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downton abbey

Estate Planning Lessons From “Downton Abbey”

Who says television isn’t educational? Here’s a clever piece by Corey Dahl called “8 estate planning lessons from “Downton Abbey.” Writes Dahl: “The Masterpiece Theater hit “Downton Abbey” offers helpful lessons in a lot of things. … In between all the backstabbing, messy relationships and ego-fueled showdowns, the miniseries is also an in-depth tutorial on the prudence […]

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