Monthly Archives: May 2024
You Can Ditch Your Empty Nest But Still Age In Place
When your youngest child grows up and moves out of the house you bought for the purpose of raising your kids, your McMansion no longer feels like home. It only satisfies your need for a feeling of togetherness as much as an empty Happy Meal box satisfies your hunger. Stay-at-home parents tend to dread… Read More »
Working Until You Are 70 Is Not As Safe A Retirement Strategy As You Think
Although you might not know this from most of the advertising content you see out there, wishful thinking is not a sound retirement strategy. Therefore, if you are basing your plans for retirement on the money you have instead of the money you wish you had, you are off to a good start. Assume… Read More »
Bartleby The Scrivener’s Estate Plan
You know that you are old if you know that Moby Dick is a real book, no spring chicken if you know that the author’s name was Herman Melville, and ancient if you have actually read it. In a world where people place less of a premium on things of extraordinary size, such as… Read More »
How Do Taxes Work With A Revocable Trust?
A revocable trust seems like an ideal way to have your cake and eat it too. The money in the trust doesn’t become part of your estate when you die, but while you are alive, you still get to have control over it. Not only can you be the trustee or beneficiary of your… Read More »