Money

Money

Life Insurance & Your Heirs

Life insurance ensures your loved ones have cash funds immediately available. Often, the passing of a family member comes with unexpected expenses. Many Americans have investments such as real estate or retirement accounts like 401(k)s. However, these types of assets are not liquid. ...
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Divorce & Social Security Spousal Benefits

Spouses can collect Social Security benefits based on their spouse’s work records. These benefits are also available to divorced spouses who meet certain criteria, even after their ex-spouse has remarried. Divorced spouses are also entitled to survivor benefits, in some situations. ...
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Probate Timeline: What Takes So Long?

It's something everyone wants to avoid but often doesn't when dealing with an estate: probate. If you can't avoid it, here's a timeline of how it proceeds. ...
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How to Stop Compulsive Shopping

Sometimes, too much just isn't enough. That's especially true with people who shop compulsively. What's behind our desire to buy and what can we do about it? ...
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Guardianship of a Parent: Taking Over

With so many people (luckily) living longer, many of us have older parents in our lives. Ideally, they can make good decisions and care for themselves up until the day they die. But what happens when an aging parent loses their ability to think clearly or make informed decisions about their life? ...
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Prepaid Funerals: What to Know

Many people consider a funeral or burial a reflection of their feelings for their deceased family member or friend. As a result, they may tend to overspend on these services. ...
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Joint Accounts: Not Always a Good Idea

Joint bank accounts serve as a useful estate planning tool for passing money to loved ones outside of probate and planning for disability. But while they can achieve these goals, and are useful in certain circumstances, joint accounts also present risks. ...
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Farmers Market Vouchers for Low-Income Older Adults

Here's good news for people who participated in the state's farmers market program: There's now an app and a card that help low-income older adults get $50 of free food from farmers markets. ...
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