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Succession Planning for your Family-Owned Business

Succession Planning for your Family-Owned Business

You’ve built and own a successful business. But the Smart Business article, “Five things you should know about estate planning for a family-owned business,” asks

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Middle-Class African Americans are Optimistic but Face Investing Challenges

Middle-Class African Americans are Optimistic but Face Investing Challenges

Money’s article, “The Hidden Retirement Crisis,” says that middle-class African Americans are more optimistic about the state of the U.S. economy and are more likely

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What Do I Do with an Inherited IRA?

What Do I Do with an Inherited IRA?

First determine what type of plan is being inherited and what type of beneficiary you are, and then do your research. For this discussion, let’s

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Why the Wealthy Don’t Carry Through with Their Estate Planning

Why the Wealthy Don’t Carry Through with Their Estate Planning

Once a trusts and estates lawyer has designed and discussed a client’s estate plan, the next step is to implement it. Drafting the documents, creating

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Stock Gifts to Grandkids: Does it Make Sense?

Stock Gifts to Grandkids: Does it Make Sense?

What if you are the owner of two blue chip stocks worth $100,000 and have owned these for more than 30 years, paying taxes on

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More Seniors Getting into Deeper Debt

More Seniors Getting into Deeper Debt

Manny Martinez lives in rent-controlled senior housing and watches his expenses. However, with all of his other bills going up, money from his Social Security—his

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Single Folks May Heed the Words of The Beatles for Funeral Planning

Single Folks May Heed the Words of The Beatles for Funeral Planning

If you grew up during The Beatles’ era, you know about Eleanor Rigby. If you’re single, you might ask yourself: Who will be there to

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Oregon Law Lets Families Maintain Facebook Accounts for Deceased Relatives

Oregon Law Lets Families Maintain Facebook Accounts for Deceased Relatives

Oregon Governor Kate Brown recently signed SB 1554 into law. It permits legal access to digital assets, as reported by kitv.com in a recent article,

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Think of an Estate Plan as Added Protection for Your Family

Think of an Estate Plan as Added Protection for Your Family

Estate planning is the way to determine what happens to you and your property when you can no longer make decisions due to incapacity or

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Legally Dead Man Shows Up as Outlaw Years Later

Legally Dead Man Shows Up as Outlaw Years Later

The process for declaring someone legally dead is one that is covered in state law, but in Pennsylvania, the statute’s language does leave some leeway

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How Much Inheritance Tax Did Grandma Leave Me to Pay?

How Much Inheritance Tax Did Grandma Leave Me to Pay?

Grandma just died without a will, and her husband, children, and siblings have all died. The remaining relatives need to consider not only the inheritance

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Financial Tips for After the Split

Financial Tips for After the Split

Divorce can take a toll financially on both spouses, with this immediate financial burden resulting directly from the separation of the household. When a couple

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