Asset Protection 5/9

May 26, 20162 min read

While Not Sexy, Life Insurance can Really Help with Estate and Financial Planning

US News’ recent article, “Pros and Cons of Whole Life Insurance,” says that life insurance is often an afterthought. In reality, life...

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Kimberly Hegwood

May 25, 20162 min read

Growing Trend of Challenging Wealthy Seniors’ Capacity in Court

The messy legal dispute over the mental health of media mogul Sumner Redstone is an example of the growing trend of litigation that...

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Kimberly Hegwood

May 24, 20162 min read

A Hard Look at IRAs as Beneficiaries

IRAs and see-through trust status. How the trust will get taxed as an IRA beneficiary is the big issue in the set-up. Usually, trusts...

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Michigan Latest to Enact Digital Assets Legislation for Loved Ones

Kimberly Hegwood

May 23, 20161 min read

Michigan Latest to Enact Digital Assets Legislation for Loved Ones

The debate between privacy and access happens when deciding what to do with a deceased’s digital property or records. “For the last few...

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Kimberly Hegwood

May 19, 20162 min read

What to do About an Inherited Home That’s Too Far Away

The Huffington Post’s “5 Questions to Ask When Inheriting a House” talks about how to handle an inherited house. Once the basics are...

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Kimberly Hegwood

May 17, 20162 min read

What to Do With 529 Leftovers

One of the cool things about 529 plans is that you can change the beneficiary to another qualifying family member without tax...

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Kimberly Hegwood

May 13, 20163 min read

Focus on Your Retirement with Clear Vision

As you plan your retirement, you should determine how you will spend your time, the details of your retirement budget, and the source of...

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Kimberly Hegwood

May 12, 20162 min read

Dying Without a Will and What Happens to Your Stuff

Every state has intestacy laws that govern whom among a deceased’s relatives will receive the property and assets when there’s no will or...

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Baby Boomer Estate Planning Lessons for Wills, Funerals and Health Care Expenses

Kimberly Hegwood

May 11, 20162 min read

Baby Boomer Estate Planning Lessons for Wills, Funerals and Health Care Expenses

Wills. The long-term consequences of not having a will are huge. Your assets will go to probate, which can leave your family with huge...

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Top Financial Considerations for Expectant Parents

Kimberly Hegwood

May 10, 20162 min read

Top Financial Considerations for Expectant Parents

Estate planning. Everyone needs some basic estate planning, especially those starting families. Before your first child is born, draft a...

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Kimberly Hegwood

May 6, 20162 min read

Golden Keys to a Successful Retirement

#1: Set your goals: Write down your goals and objectives. This will make them real, and you’ll have a better chance of achieving them....

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Kimberly Hegwood

May 5, 20163 min read

Financial Regrets That Will Haunt You Forever

Financial regrets—we’ve all had some. But in “8 Financial Decisions You’ll Regret Forever” Kiplinger asked financial planners and...

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Kimberly Hegwood

May 4, 20162 min read

Daughters of Two Late Celebrities Push for Elder Law Legislation

When Catherine Falk asked to see her ailing father, her stepmother slammed the door in her face, and when Kerri Kasem wanted to take her...

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Not Rich Enough to Have an Estate Plan? No Way!

Kimberly Hegwood

May 3, 20162 min read

Not Rich Enough to Have an Estate Plan? No Way!

If you don’t plan your estate, a judge will distribute your assets by applying the state’s intestate succession laws, which may not be...

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Kimberly Hegwood

May 2, 20162 min read

How to Afford Your Retirement

Take a look at Kiplinger’s “12 Ways to Go Broke in Retirement” and learn how to avoid them. Relying on a single source of income....

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Kimberly Hegwood

Apr 29, 20162 min read

Senior Scams are Serious

Likewise, a recent study by True Link Financial estimated the problem costs more than $36 billion every year. But these statistics may be...

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Planning your Financial Future after a Second “I Do”

Kimberly Hegwood

Apr 28, 20162 min read

Planning your Financial Future after a Second “I Do”

But wlbz2.com’s article, “Getting remarried? Get a financial plan first,” says that many folks do little planning, and that ends up...

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Practicing Your Estate Plan Makes Perfect

Kimberly Hegwood

Apr 27, 20162 min read

Practicing Your Estate Plan Makes Perfect

According to the Southeast Missourian’s article “Get it together: Organizing your estate now will ease the burden on loved ones later,”...

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Young Hispanics Need to Start Saving for Retirement

Kimberly Hegwood

Apr 26, 20162 min read

Young Hispanics Need to Start Saving for Retirement

CNN Money’s article, “The retirement crisis facing Hispanics,” reports that part of the reason for this is that many Hispanics—especially...

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New Hampshire Solves Power of Attorney Issue

Kimberly Hegwood

Apr 25, 20162 min read

New Hampshire Solves Power of Attorney Issue

As WMUR9.com explains in “Money Matters: NH health surrogacy laws,” this person is known as a surrogate decision-maker. He or she has the...

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