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Financial regrets—we’ve all had some. But in “8 Financial Decisions You’ll Regret Forever” Kiplinger asked financial planners and personal-finance Everyone can use a little good advice, particularly when talking about complex financial issues. Reference: Kiplinger (March 2016) “8 Financial Decisions You’ll Regret Forever” #AssetProtection #SocialSecurity

Elder financial abuse can have devastating consequences, including financial ruin, loss of independence What Is Elder Financial Abuse? Elder financial abuse occurs when an elderly person is exploited or taken advantage of financially. Suspect Elder Financial Abuse? FAQ: Elder Financial Abuse What is the punishment for elder financial abuse?

Because aging makes seniors more vulnerable with financial decisions, those with Alzheimer’s or dementia , the report details the efforts using MRIs to find out more about the brain and financial capacity. The professor says that changes in some parts of the brain are linked to loss of financial capacity. Get to know your aging parent’s financial advisor, attorney and others involved in his or her financial A notarized power of attorney or a letter granting you access to financial information would be required

Estate planning lawyers are in the business of helping their clients create the best financial strategy to do, but a recent survey from Consumer Reports has offered a really good look into the most common financial The 7 Most Common Financial Mistakes 1. Allowing it to get out of hand, however, can have a disastrous impact on your financial life.

to “quickly follow suit,” as reported by nasdaq.com in “Advisers May Get New Tools to Combat Elder Financial Frequently the best way to deter financial exploitation can be to alert the victim’s family. Fraud happens from people outside the family, and getting the family involved may be all it takes to Three states recently passed laws that are even more stringent and require financial advisers to report Reference : nasdaq.com (July 8, 2016) “Advisers May Get New Tools to Combat Elder Financial Abuse” #

In reality, life insurance should be one of the first considerations when people evaluate their financial to depend on life insurance in general or on any one particular type of life insurance to solve all financial

We want to believe that our financial institutions have our best interests at heart. Transfer-On-Death Accounts Over the last few years, transfer-on-death titling has become a popular option with financial That’s because contingent beneficiaries aren’t typically an option offered by financial institutions. Take a Watch-Dog Approach If you are concerned about your financial institution throwing your estate

about juggling your home life and work life, you may not be thinking about taking steps to protect your financial There are several other strategies that you may choose to employ to organize your financial and business

these questions are complicated – here are a few other considerations to factor into your long-term financial

Kiplinger’s “8 Urban Myths of Personal Finance” unravels several urban legends of personal finance that while you are permitted to borrow from your 401(k) to make a down payment on a home or in cases of financial Reference: Kiplinger (May 2016) “8 Urban Myths of Personal Finance” #AssetProtection #Guardianship #401k

To decide, ask yourself: What happens to my family financially if I die? You’ll be in solid financial shape and you can concentrate on other demands and the joys of being a new 7 Important Financial Considerations” #AssetProtection #Guardianship #529EducationalSavingsPlan #DisabilityInsurance

A recent article on the Value Walk website, “Cleaning out Your Financial Trunk – Year-End Tips,” describes The first step in de-cluttering your financial mess is determining what your targeted retirement number Here are some financial planning priorities on which to focus: Estate Planning: No excuses, you need to have an estate plan in place with a living trust, a will, a financial power of attorney, and an advanced Clean up your messy financial trunk with comprehensive investment and financial planning and reach your