Author: elghoulam

[ad_1] A senior consults with a financial advisor to ensure that her assets are protected by rights of survivorship. The right to survivorship refers to the legal principle that upon the death of a joint owner, the remaining owner(s) automatically inherit the deceased owner’s share of property or assets without having to pass through probate.… Continue reading What Is Right of Survivorship and How Does It Work?

[ad_1] A senior couple dealing with unexpected Social Security taxes, commonly referred to as the Social Security tax torpedo. While retirees may be chagrined to discover that taxes don’t end when they leave the workforce, an unseen threat looms behind the U.S. tax code. The Social Security tax torpedo is as destructive as it sounds,… Continue reading How to Avoid the Social Security Tax Torpedo

[ad_1] alfexe / Getty Images/iStockphoto Is cash still king? In today’s digital age, where contactless payments and mobile wallets have become the norm, it may seem like carrying cash is becoming a thing of the past. However many Americans are still using bills and coins to pay for their purchases. One in five say they… Continue reading 8 Surprising Reasons Why You Should Always Carry Cash

[ad_1] Kawter Abed   ❘   Published: 2023-11-25T18:18:21  ❘   Updated: 2023-11-25T18:18:32 A woman went viral on TikTok, after revealing how much cash she won from the McDonald’s Monopoly 2023 game. Jen (jencomtois) took to TikTok to share the amount of money she’d won through McDonald’s Monopoly, which is an annual promotion that allows customers the chance to… Continue reading McDonald’s customer reveals how much she got after winning Monopoly cash prize

[ad_1] Understanding and applying the principles of strategic gifting allows you to reduce your estate tax liabilities significantly. It facilitates a seamless wealth transition and upholds your financial objectives, aligning with preserving wealth across generations. Beyond being an act of generosity, gifting ensures that a significant portion of your wealth is preserved rather than diminished… Continue reading 6 Effective Gifting Strategies To Minimize Your Estate Taxes

[ad_1] alfexe / Getty Images/iStockphoto Is cash still king? In today’s digital age, where contactless payments and mobile wallets have become the norm, it may seem like carrying cash is becoming a thing of the past. However many Americans are still using bills and coins to pay for their purchases. One in five say they… Continue reading 8 Surprising Reasons Why You Should Always Carry Cash

[ad_1] Making decisions about retirement savings can feel monumental. But what if someone told you that, money aside, your mindset may be the magic elixir? In a new report, Goldman Sachs Asset Management and Syntoniq, a behavioral finance research firm, surveyed 5,261 US workers and retirees and teased out four psychological factors that can close… Continue reading The right retirement state of mind can boost your savings, analysis finds

[ad_1] A couple signs estate planning documents to help them avoid probate in Michigan. Navigating the complexities of estate planning can be daunting, especially when it comes to understanding probate laws. Probate is a legal process in which a deceased person’s estate is settled and distributed. It can be a time-consuming and potentially expensive for… Continue reading I Live in Michigan. How Can I Avoid Probate?

[ad_1] Adding low-risk retirement investments to your portfolio can help boost and protect your nest egg. Understanding different safe investment options available to you during retirement, and the pros and cons of each, can help you make smart decisions about how to manage your money after you leave the workforce. Here are five common safe… Continue reading Low-Risk Investments Perfect For Retirees