The good news is that there are financial planners who have a fiduciary commitment to work in your best interest and who will help you with this. The second piece of good news is that a little bit of knowledge goes a long way. Today we’ll explore a few methods for determining your life insurance needs.
Read MoreYou’ve probably heard before that disagreements about finances are the leading cause of contention in marriages. It’s scary. Opening up about our finances requires vulnerability about hopes and dreams, our sense of security, and our feelings of inadequacy, pride, and self-worth.
Read MoreI would venture the guess that most of my friends think of estate planning as an activity for wealthy, aged people. And it most definitely is. But as the complexity of our lives increases with home ownership, the arrival of children, and a growing nest egg, the need to develop an estate plan starts knocking at our doors as well.
Read MoreYou are getting your financial house in order and want to put your estate documents together. Logically, you set up a meeting with a financial planner or estate attorney. One of the first things you are likely to hear is that you should structure your estate plan to avoid probate court- the formal process by which a deceased person’s property is distributed among their heirs.
Read MoreWe've discussed the advantages of various types of accounts we can use to save for our kids, and organizing our savings to maximize financial aid. Today we dive deeper into saving for higher education through 529 plans and get into exactly how much one might need to save for their kids.
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