Check Your Estate Planning List Twice, Just Like Santa

bigstock-Financial-consultant-presents--14508974During this festive time of year, dwelling on estate planning may seem like a bit of a downer. Yet the end of the year is as good as time as any to take stock of your personal finances and also make sure you have done some proper estate planning. Having your affairs in order will lift a huge burden off your family that would otherwise face a big emotional and financial toll in probate court should something happen to you. (more…)

Advice for Divorce after Age 50

Bigstock-Beautiful-woman-looking-throug-20311445When you’re over 50 and facing divorce from a long-term marriage, coming to a settlement agreement that will safeguard a comfortable financial future is complicated. “Till death do us part” isn’t the case for many Baby Boomers today. “Gray divorces” are occurring more than ever before — the rate for adults ages 50 and older doubled between 1990 and 2010, according to research from the National Center for Family and Marriage Research at Bowling Green University in Bowling Green, Ohio. “There are no ‘do-overs’ after you agree to a settlement,” the article says. “After 50, you’ll have fewer years to recoup from financial errors, so it’s essential to get this right.” (more…)

Three Social Security Traps

Senior woman contemplatingWhat you don’t know about Social Security benefits can hurt you and your spouse for the rest of your lives. Here are three traps to avoid when taking your benefits.

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