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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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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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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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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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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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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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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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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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Kimberly Hegwood
Apr 22, 20162 min read
Arizona Steps Up to Fight Elder Abuse
More than 4,000 cases involved financial exploitation, and there were 3,661 reports involving vulnerable adults being physically abused....
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Kimberly Hegwood
Apr 21, 20162 min read
Billionaire’s Daughter’s Will Contest Settles for Millions
The judge believes the resolution is in the teen’s best interests. Kira told the judge that she did not object to the settlement but...
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Kimberly Hegwood
Apr 19, 20162 min read
Wisconsin Legislature Tackles Digital Assets
“I don’t know what will happen to the things I have in the Cloud or Facebook when I die,” said Paul Savides from Eau Claire. He believes...
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Kimberly Hegwood
Apr 18, 20162 min read
Estate Planning Needs to Happen After a Divorce
What should you change? Forbes says, in two words, almost everything. In “5 Things You Need To Do After Getting A Divorce,” Forbes says...
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Kimberly Hegwood
Apr 15, 20162 min read
Turning the Big 5-0? Start Planning Now!
Here are six tax planning considerations of interest to those over age 50 from Next Avenue’s recent post, “2016 Tax Planning Ideas for...
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Kimberly Hegwood
Apr 12, 20162 min read
Answer These Legacy Questions
An updated will. A properly drafted will can play a crucial part in minimizing your estate’s exposure to taxes. If you should die without...
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Kimberly Hegwood
Apr 11, 20162 min read
Reviewing the Roth Recharacterization
Why recharacterize? The top reason people do this is because the account has declined in value. A recharacterization cancels out the...
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