Cryptocurrencies, like Bitcoin and Ethereum, remain a relatively new invention. Over 425 million cryptocurrency users exist worldwide, with over 48 million in the United States. As the popularity and usage of cryptocurrency increases, it’s crucial to know how to handle them in the event of an owner’s death.
Read MoreThe U.S. Department of Agriculture (USDA) predicts that from 2022 to 2023 food prices will rise by 2.5% to 3.5%. This is a problem for many older adults living on a limited income with little space for budget flexibility. Fortunately, saving money at the grocery store is one of the simplest ways to make your budget stretch further.
Read MoreEver wondered if you should consider setting up the power of attorney for yourself? Read here to find out more about this legal authorization.
Read MoreManaging your money is hard for anyone, especially when you’re no longer working. It becomes an increasing struggle for older adults that retire since many rely on social security benefits and savings. Living on a fixed income can make it challenging to pay ongoing and unforeseen bills.
Read MoreConsidering the various subcategories of expenses and relevant tax regulations, filing taxes can be immensely stressful and confusing. Keeping in mind the digitalization of most filing procedures and platforms, which may make it more difficult for older adults to figure out how their age and social status affect their tax requirements, we’ve listed some tax deductions and benefits applicable to individuals aged 65 and older.
Read MoreThe United States first collected death certificates beginning in the early 1900s. Since then, how has it left its mark in the post-mortem industry? For the basics and beyond, here’s what you should know:
Read MoreAs you enter the later years of your life, it’s important to begin planning for retirement if you haven’t already. The average American lives 20 years past retirement, creating the possibility you outlive your savings. Accordingly, proper planning and saving are paramount to ensuring the quality of life in your older years.
Read MoreDid you know the Social Security program provides benefits to qualifying family members of deceased relatives? Widows, widowers, dependents of deceased individuals, and other relatives are entitled to receive Social Security Survivor benefits after the death of a loved one—provided the deceased individual meets the qualifying requirements for the program.
Read MoreIf you or your relatives are suffering through the loss of a veteran in your family, you may be eligible for veteran funeral benefits to help ease the cost of an end-of-life ceremony. The Department of Veteran Affairs provides these benefits to help families pay.
Annuities are one of the most effective yet least-known ways to save for retirement and ensure financial stability in your later years. This article will cover how annuities function, and how you can use them to help yourself in retirement.
Read MoreMoney is a major player in life. For many people, it determines whether they will struggle to be happy and successfully care for those dependent on them, or live comfortably and free from stress. Though managing personal finances is a huge factor in all stages of a person’s life, it is of particular importance in older adulthood and post-retirement.
Read MoreIn order for all people to practice their faith safely and with deserved security, not only is awareness of the existence of predatory evangelists a necessity, but the steps one must take in order to detect both them, and the harm they do to their followers are also required.
Read MoreSetting up an estate sale for yourself or others may seem like a large and unfamiliar task, but it can be simple and efficient with a few easy steps.
Read MoreFor big, important decisions, it is best to have documents clearly stating what you want in the event of a tragedy or accident. Here are three documents you may want to consider having on hand.
Read MoreHow you go about shutting down a business depends on what kind of business it is. In this article we’ll break down the process into manageable steps.
Read MoreThis article will review the rules on transfer on death, or TOD, as well as go over some common terms from the field of estate management so you can figure out what rights you want to exert as you manage your estate.
Read MoreGRIT trusts are often used by those with a fairly large estate to reduce the size of the tax burden on that estate. Read more about this estate management tool here.
Read MoreHere is a full list of what you should include in a death packet to make the handling of your affairs much easier for your loved ones.
Read MoreBlind trusts can create a layer of separation between your employment and investment, helping you avoid conflict of interest between your assets and your professional or political activities.
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