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Do I Need a Living Will, Power of Attorney, or Both?

Do I Need a Living Will, Power of Attorney, or Both?

A Living Will (often called an Advance Decision or an Advance Directive) is a record of your choices on your health and care needs, if

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Senator McCain’s Legacy

Senator McCain’s Legacy

Wealth Advisor says in its recent article, “Nothing To Lose: Shock McCain “No” Is Unmistakable Legacy Call,” that McCain has been handed a death sentence.

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Do Women Need More Planning Than Men?

Do Women Need More Planning Than Men?

Financial and estate planning is essential for everyone, but the fact that women are more likely to earn less over the course of their careers

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myRA is Going Away

myRA is Going Away

Can you believe that fewer than 31% of Americans own an IRA? Even fewer—just 19%—actively contribute to one. Consistent with this theme, a 2017 report

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Details about Wills

Details about Wills

There’s no escaping death. It’s a fact of life. But having your affairs in order helps eliminate some of the stress and anxiety during a

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How Gross! Making Your Own Funeral Arrangements!

How Gross! Making Your Own Funeral Arrangements!

It’s not that uncommon to learn that a decedent made all of the arrangements for his or her own funeral: this includes selecting a casket,

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Congress Examines Bill on Elder Financial Exploitation

Congress Examines Bill on Elder Financial Exploitation

The U.S. Senate passed bipartisan legislation to step up enforcement against perpetrators of crimes targeting senior citizens. The Elder Abuse Prevention and Protection Act of

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Senators Question HUD Rules on Reverse Mortgages

Senators Question HUD Rules on Reverse Mortgages

There’s a concern that a subtle wording change in the Trump administration’s proposed budget request for the Department of Housing and Urban Development (HUD) could

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Don’t Make These 401(k) Mistakes!

Don’t Make These 401(k) Mistakes!

Kiplinger’s recent article, “The 7 Most Common 401(k) Mistakes to Avoid,” provides three good news/bad news retirement plan statistics. First, the Investment Company Institute reports

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Estate of Actor Philip Seymour Hoffman to Be Settled Soon

Estate of Actor Philip Seymour Hoffman to Be Settled Soon

Even on a financial level, it can take years for a large estate to settle—distributing property and resolving all of the executors’ duties. Wealth Advisor’s

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What’s the Big Deal About Long-Term Care?

What’s the Big Deal About Long-Term Care?

Many seniors don’t feel that long-term care (LTC) insurance is a viable option. They think it’s expensive and is often just protection against the cost

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Texting Your Will

Texting Your Will

In the U.S., laws about what constitutes a valid legal will have not changed very much since the Declaration of Independence. Most states still follow

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