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401(k)

Financial Advice from Professional Athletes May Be Useful

Short careers and big paychecks can lead to big problems, if you’re not careful. Most people work to avoid financial stress during retirement. Paying attention to financial advice from professional athletes can be quite helpful, according to Money in “What Former Pro Athletes Can Teach Us About Preparing for Retirement.” Staying financially healthy as you

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Estate Planning

Executor Has to Be Willing to Serve or Problems Arise

Your choice may be flattered but are they capable and willing? Making your choice of an executor can be difficult. However, after the decision is made, it would be wise to check with your person of choice and see if they are up to the task, according to the Pocono Record in “Don’t assume person

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Elder Financial Abuse

What to Do When Parents Can’t Handle Their Finances

Mom, Dad — Time to turn in the car keys. So, you’re becoming concerned about your parents handling the challenge of driving and handling their finances. It is a tough issue for anyone. However, some suggested steps to take are outlined by Considerable in “Here’s how to know when it’s time to take control of

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Inventory
Durable Power of Attorney

Your Assets, Your Wishes: You Decide or Should the State?

The state will most likely be happy to do it for you after you die. If you do not have a will or an estate plan, your wishes may not be carried out but your assets will be distributed, according to the Concord Monitor in “Make Your Wishes Known.” The reason? Because your property will

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Estate Planning

Are Inheritances Taxable?

There is nothing wrong with letting your inheritance sit, until you have explored all of your options and have a full understanding of how a windfall can affect your personal taxes.

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