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How Do I Protect Myself and My Children in a Second Marriage?

Who’s going to inherit on the death of one of the re-marrieds? Will this be the surviving spouse? If so, where will those inherited monies go on the second-to-die’s death?

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Why Is Social Security Important?

Even for the wealthy, their lifetime Social Security benefits likely rank high among their largest assets. For people with average lifetime incomes, it is often the biggest.

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Common Estate Planning Mistakes

Your last will and testament is one of the most important legal documents that you will ever make. It allows you to direct where you want your property, guardianship and debts to go after you die, and allows you to appoint an executor to act out your wishes.

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How Do I Talk to My Parents About Estate Planning?

If you have a parent over the age of, say, 65, thoughts about their future may have started to creep into your mind. But because end-of-life planning can be emotional and overwhelming, it’s tempting to put these conversations off — and even more pleasing to avoid them altogether. If there’s ...

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A Little History about April Fools Day…

What is the origin of April Fools Day? Some historians speculated that April Fools Day may have begun as far back as 1582, AD.  France had switched from the Julian calendar to the Gregorian calendar, as directed Council of Trent in 1563.  The people who were slow to get the ...

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Cryptocurrency and Estate Planning: What Executors Need to Know

My dad is investing in cryptocurrency! I know nothing about it and, frankly, I am not interested in learning. I think it is a passing fad. When he dies and I am responsible for the distribution of his estate to my siblings, do I need to address the crypto?

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What Is a Trust and How Does It Work?

Trusts are often associated with the rich. However, the uber-wealthy are not the only people who can benefit from using trusts. There is no minimum asset level or net worth required to set up a trust, and you can put any amount of money into a trust.

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Happy Mom and Pop Business Owners Day!

It seems so hard to believe there are an estimated 27 million or more small businesses in the United States of America. It takes a special kind of person or couple to want to own their own business.  They will work crazy long hours and be devoted to your business.  ...

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Why Should I Give My Money Away?

Everyone likes money, right? Giving money to family or friends can also be a smart tax planning move.

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