Even if you’ve planned relatively well for your future college student’s expenses, the credit crunch and downturn in investment income for colleges have changed the game for financial aid at many schools. That means both parents and students need to approach the college financial aid scene...
It’s a few short weeks until cap and gown season begins, and for grandparents hoping to do something nice for their grandkids and something sensible for their estate, there are several options to explore. Roth IRAs: The Roth option is a good one if you want to help them start a retirement fund...
Today, the typical high net worth individual has 4 or more advisors – a CPA, estate attorney, investment manager, and insurance agent, to name a few. These advisors usually work within an informational vacuum, providing services without understanding their client’s complete financial picture....
When a close relative or friend starts to display signs of dementia or related neurological ailments, it is a family tragedy requiring speedy action and medical care. But in many cases, the disease comes on gradually, and it becomes evident with inconsistencies in behavior and sometimes, problems with...
One of the most important aspects of planning for a post-divorce life is planning for your post-divorce credit history. It’s always important for smart individuals to be aware of the potential money pitfalls of love gone wrong. A divorced couple’s respective credit histories can still be...
If you’ve received this windfall, it might sound like you’re fixed for life. The reality is that your financial life has changed drastically, and you need to plan for it. A structured settlement is a way of receiving partial payments for a major amount of money you’ve won or received...
Last month, RealtyTrac, a leading online market for foreclosure properties, reported that over 3.16 million foreclosure filings were made in 2008, up 81 percent from 2007 and up 225 percent from 2006. There was one more stunning fact – that one in 54 U.S. housing units received at least one of...
