Downs Law Firm, P.C.
Going straight from a busy work life to ‘retired’ can be difficult if you haven’t mapped out your path. Preparing yourself effectively involves both financial and lifestyle choices.
What is the size of the average retirement nest egg? It depends on what you mean by ‘average.’
Seventy-seven percent of respondents in a recent survey said estate and legacy strategies were important for everyone, not just wealthy individuals, yet only 24% said they had taken the basic step of designating beneficiaries for all of their accounts.
Thanks to the Internet, everyone has the ability to draft wills, trusts, and a variety of other legal documents. Many documents can be produced for less than $100, requiring only a few mouse clicks and filled-in blanks.
It was reported on the news recently that some of Aretha Franklin’s family members have found what they believe to be her will. It was handwritten, stained, and crumpled up in a couch. The courts may or may not choose to honor it, depending on whether or not they are able to verify its authenticity.
Selecting appropriate guardians will ensure that your minor children are cared for, if you pass away.
Funeral pre-planning and pre-arranging is becoming more popular. Unfortunately, not everyone is able, or willing, to talk about their own mortality.
Funeral pre-planning and pre-arranging is becoming more popular. Unfortunately, not everyone is able, or willing, to talk about their own mortality.
I’m planning a major trip in 2020: It’s the year I turn 50, and I’m going to visit 50 places I’ve never been before. Among the fun itinerary research, I’m also taking care of more serious things, such as drafting a will and buying life insurance.
You can achieve your money-life balance with savings strategies.
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