llions of Americans will need to decide what to do with their 401(k), as workers face a coronavirus-driven recession in which top economists expect a long-lasting double-digit unemployment rate to persist. If you’re suddenly unemployed, worrying about your distant financial future may seem unimportant when you have immediate pressing needs now. Still, the decisions that you make […]
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Article from MarketWatch: You Need to Make a Will Now More Than Ever
By Brad Wiewel This article is reprinted by permission from NextAvenue.org. It is part of The Coronavirus Outbreak: What You Need To Know Special Report. The pandemic proves you need a will, but the process has changed. Until now, you may have viewed writing a will as something you’d get around to doing someday. But because of the […]
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Huffington Post Article: My Dad Created An ‘Ethical Will.’ Here’s What That Means And Why You May Want One Too
COURTESY OF CARRIE FRIEDMAN
The author and her father
The Benefit of Whole Family Estate Planning
Sometimes, the term “estate planning” can bring up ideas of cold, hard numbers. The idea of estate planning might seem like something reserved for people with large estates, or significant financial resources. In reality, estate planning is an important task for all Massachusetts residents. People of all income levels and all family structures benefit from […]
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How to Protect Your Children During the COVID-19 Pandemic
While states, including Massachusetts, have been slowly re-opening, coronavirus (COVID-19) is still a serious problem. Policymakers and scientists are still unsure whether we will see a spike in COVID-19 cases, or a second wave, as more states begin loosening restrictions on stay-at-home orders. This pandemic has spurred many Massachusetts parents to consider whether they’ve planned […]
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Newlyweds and New Estate Plans!
Did you know that the month of June is the most popular month to wed? We wish our “Congratulations” to all the new bride and grooms who may have tied the knot recently! While many couple may be registered for china sets, one present that is truly indispensable is estate planning. A newly minted “Mr. […]
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Do Your Kids Know Your Plans? Talk to Them
Most families never talk about what one’s wishes may be when they become incapacitated or when they die. After all, no one likes to talk about their own mortality, especially with their children, even if they are adults themselves. However, an open dialogue would be the best thing for everyone. It will save your children […]
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I love my son-in-law but…
Parents often have questions about what happens in many situations that involve a child’s spouse. What happens if my daughter dies before me, does her share go to her husband? What happens if my daughter gets divorced, can her husband take her inheritance? Truthfully, we really don’t like our son-in-law. We are afraid he will […]
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Forbes Article: 4 Estate Planning Myths That Refuse To Die
Ron Carson, Contributor, Personal Finance Estate planning remains one of the most misunderstood areas of planning. Over the years, I’ve met with people who “only needed a financial plan, not an estate plan” or “didn’t need a financial plan, just some help with estate planning.” I’ve also met with people who labeled themselves too young […]
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AARP Article: 9 Money Moves to Keep Your Retirement Afloat During the Pandemic Financial Storm
It’s time to batten down the hatches to protect your money by Karen Cheney, AARP En español | You don’t need a Ph.D. to know the economy has hit some seriously stormy conditions. You’ve watched the value of your nest egg bounce wildly, and you’ve seen employers slash jobs nationwide. To weather this period, however long it […]
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