Monthly Archives: November 2021
Cryptocurrency And Your Estate Plan
Any valuable asset that you own has the potential to become generational wealth. Jewelry, furniture, paintings, and other valuables have all become the subject of hotly contested disputes during probate. Even when the decedent’s will was clear about which family member was to inherit which item, there is still plenty of room for hard… Read More »
What To Do If You Don’t Know Whether Your Recently Deceased Family Member Wrote A Will
The probate process, in which the court accounts for a recently deceased person’s assets, gives creditors a chance to seek payment of debts from the deceased person’s estate, files a tax return on behalf of the estate, and distributes the deceased person’s assets to the deceased person’s heirs, depends on whether the decedent wrote… Read More »
Which Source Of Retirement Income Should You Tap Into First?
Financial planners often start their sessions with new clients by asking them how much money they want to spend in retirement. Economics professor Laurence Kotlikoff thinks this approach is wrongheaded, because you can only spend as much as you have, so it is useless to think about how much money you want without first… Read More »
An Economist’s Retirement Planning Advice
Laurence Kotlikoff has been spreading the word about economics and encouraging the public to think like economists since Steven Levitt and Stephen Dubner of Freakonomics were children. Kotlikoff even ran for president in 2012 and 2016, not because he thought he would get more votes than the major parties’ candidates but just to drive… Read More »