Should I Turn Down My Inheritance?
Being named as an estate executor is often considered an honor, and you will be compensated for your efforts. But is it worth all the potential trouble?
Careless Spending Can Erode Income Gains Revisited
If your income goes up over time, it doesn’t necessarily mean that you’ll be able to save more. If you’re not careful, “lifestyle creep” can make things worse. Here are a few ideas on how to fight back against lifestyle creep.
Are You Sure You Want to Be an Executor?
Being named as an estate executor is often considered an honor, and you will be compensated for your efforts. But is it worth all the potential trouble?
The Latest on Wealth Taxes
The concept of a wealth tax—applying a tax to the value of someone’s assets—has become popular in some state legislatures in the last few years. Are they likely to catch on anytime soon?
Social Security and Divorce
Divorced spouses may be caught unaware that they could be eligible for a Social Security benefit based on their ex’s work history. The rules are complicated, but if you’re in that situation, there may be a pleasant surprise waiting for you: collecting a Social Security benefit you didn’t even know existed.
How Much Does Life Insurance Really Cost?
A recent survey by LIMRA presented a jarring statistic: young adults believe that the cost of a life insurance policy is 10 to 12 times higher than it really is. The truth is that, for young people, the security and peace of mind a life insurance policy may provide may be a lot more affordable than you think.