For the Love of Your Family
For the Love of Your Family
Q: How can I be financially ready to retire when the time comes? — Concerned Worker A: Dear Concerned: Many people worry that they will be unable to make it financially when they retire. Of course, much grief can be avoided by starting early. Learnvest illustrates the huge difference a small savings increase can make. […]
Read MoreQ: I just found out that my granddaughter is gay. I’m crushed. What should I do? — Anguished Grandparent A: Dear Anguished, It used to be that gay people simply kept that fact to themselves and made excuses for not being married or having children. Today, however, there is much more recognition and acceptance of […]
Read MoreQ: Is it true that things I tell my lawyer are confidential? — Concerned Client A: Dear Concerned: To receive high quality legal advice, it’s critical that you be completely open and honest with your lawyer. A lawyer’s advice is limited if the facts you tell him or her are themselves limited. That’s why all […]
Read MoreQ: Should I be concerned that my divorce will hurt my kids? — Concerned Parent A: Dear Concerned: Many people worry that if they divorce their spouse, their kids will suffer. Whether that is true depends on many factors, such as the nature of the couple’s relationship, each parent’s financial status, and how each parent […]
Read MoreQ: How can I help my grandchild with college without jeopardizing financial aid? — Worried Grandparent A: Dear Worried: It is wonderful that you have built the financial security to be able to provide a gift to your grandchild, and it is wise that you understand that doing so could impose a financial hardship on […]
Read MoreQ: I know I need to make a will, but somehow planning for death makes it seem so much more real. How can I overcome my fear? — Financially Fearful A: Dear Financially Fearful: Even people who normally have it together can struggle when it comes to dealing with financial issues that relate to death. […]
Read MoreQ: Do savings bonds still have a place in my financial portfolio? –Curious Investor A: Dear Curious: Savings bonds, also known as Treasury bonds, can be a valuable tool in your financial portfolio. When you buy savings bonds, you are essentially loaning money to the U.S. government. They can preserve principal, diversify your portfolio, and […]
Read MoreQ: How can I preserve my assets for my kids and loved ones? –Caring Parent A: Dear Parent: With tax time right around the corner, you may be thinking about how you can minimize what you’ll pay to Uncle Sam and your state in taxes, so as much goes to your family as possible. Every […]
Read MoreQ: What is the Best Way to Save for My Child’s College Education? –Concerned Parent A: One of best ways to save for your child’s college education, assuming the child will definitely go to college, is through a state operated “529” plan. These plans provide tax benefits and are named for Section 529 of the […]
Read MoreQ: Will I Ever be Able to Save Enough For Retirement? — Approaching Middle-Age A: Dear Approaching: Articles that are written about retirement savings needs usually paint a picture that leaves the reader asking this very question. These articles are often unrealistic in that they 1) assume an excessive retirement spending level, and […]
Read MoreQ: My elderly parents don’t have much in the way of resources and their health appears to be failing. They mainly get by on Social Security. Will I be responsible to pay their medical bills or other debts later on? – Very Concerned Adult Child. A: Dear Very Concerned Adult Child: While most people know […]
Read More