Estate and Elder Law Information Center
Effective Income Strategy for Retirement To keep your growth engine running, create an effective retirement income strategy. Financial planners recommend 40-60 percent in stocks at the start of your retirement, with the rest in cash and fixed-income investments to tamp down risk. More …
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Estate Planning For Singles If you're single and don't have any close relatives, whom will you leave your estate to? A close friend or a charity? If you die without a last will, and don't name a beneficiary, the state has to find your closest relative so that he or she can receive all the …
The Transfer of Assets to Grandchildren How you plan the transfer of assets to your grandchildren will likely depend on whether they're adults or minors. Special needs grandkids may need complete or supplementary financial support throughout their lives. As a grandparent, you may be thinking of …
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There comes a time when you just want to kick back and enjoy life. Before you do, you may want to gain more knowledge about senior communities. Maybe this means retiring, or just a move to a part-time job. But it could also mean downsizing from your four-bedroom Colonial in a desired school district …
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Inheriting an IRA: Tax Implications? What are the tax implications of an inherited traditional IRA? Tax rules differ depending on whether or not the beneficiary is a spouse. Be sure you know the rules of inheriting an IRA, because your decisions may have serious tax consequences. Inheriting …
