Learn from the past, set vivid, detailed goals for the future, and live in the only moment of time over which you have any control: now.
– Denis Waitley
Divorce can be an extremely devastating experience, both emotionally and financially. According to some researchers, divorced spouses would, on average, require a 30 percent rise in their income to retain the same standard of living that they had before the divorce. Upon finalizing your divorce, it is recommended that you follow through on important actions […]
The financial effects of divorce Read More »
The life expectancy of disabled adults has been steadily increasing to the point where it has served to complicate the issue of retirement planning for their aging parents. A special-needs child brings another aspect to retirement planning. Parents have to pay attention to significant details, including the beneficiaries they assign to their 401(k) at work,
Special-needs trusts and other estate planning options for disabled adults Read More »
The process of estate planning consists of a review and analysis of your retirement accounts, including traditional IRAs, Roth IRAs or merely your employer’s 401(k) retirement account. It is imperative that you consider all available options because the account you choose can make a difference in subsequent years. For example, it is important to determine
Use of the Roth IRA in estate planning Read More »
Asset protection planning consists of the process of placing your assets in such a way as to remove or decrease exposure to unforeseen liabilities or unexpected events. It is best to engage in such planning prior to the time at which a claim, lawsuit or judgment arises. People often begin to address the issue of
Asset protection methods in Virginia Read More »
