Monthly Archives: May 2014
‘Domicile Planning’ Now Part Of Estate Planning Lexicon
People don’t generally get to choose when they die, although most would probably opt for never. Taxes (Photo credit: Tax Credits) Many so, however, have some say about where they will be when the inevitable comes to pass, and that can have major implications for estate planning, according to a recent article in Forbes… Read More »
Reverse Mortgages May Lead To Problems For Heirs
While reverse mortgages may seem like a panacea for people in their golden years, caution should be exercised to ensure that not only is something of the estate preserved for heirs but also that debt isn’t passed along, too. Reverse Mortgage (Photo credit: aag_photos) A recent story in The New York Times referred to… Read More »
Those Re-Entering Dating Game Later In Life Can Use Some Help
Here’s the bad news: dating never gets easy, not even for people in their 60s and beyond. There’s some good news, as well. Those matchmaking sites so heavily advertised on television can also be of great benefit to people getting back into the dating decades after they thought that aspect of their lives was… Read More »
Planning For Passing On A Family Enterprise Needs To Start Early
The owners of family businesses need to plan for in advance for the day when they will no longer be the owners. English: Balderson’s motors A family business. (Photo credit: Wikipedia) It’s called having an “exit strategy,” and a recent article on Forbes.com focused on just how far out this planning should begin. Try… Read More »
End-Of-Life Websites Popping Up All Over
A recent article in The New York Times focused on a woman facing tragic irony: Just as she was developing a web-based business focusing on end-of-life planning, the East Hampton, N.Y., resident received word that her brother had been killed in a traffic accident. “Suddenly, her fledgling business, Everplans, a website that helps people… Read More »