When you pass away, it’s important to have provisions in place that allow your family and friends to receive your money and possessions. That’s where good estate planning comes in. To ensure your loved ones receive your assets you’ll need to add a few things to your checklist.
Life is full of milestones. Graduating college, getting married, buying a house, and starting a family are all momentous occasions. But what happens to those financial responsibilities if you pass away before they are taken care of?
For Life Insurance Awareness Month, it’s important to not only celebrate the importance of life insurance, but to also be aware of its intricacies and advantages. In that vein, here are a few helpful tips to help you be more “in-the-know” when it comes to understanding how much coverage you and your family may need.
“Sandwich Generation” is a term used to describe a growing group of people in their late 30s, 40s, and 50s who care for their children and their aging parents. If this definition describes you, you know that coping with all these financial obligations is a real challenge.
Purchasing coverage can help ensure your family has financial support in place, even without your income. Here are some benefits of life insurance for working moms.
Buying your first home is very exciting, but it also takes work. There are many financial and logistical obstacles to overcome in order to find a home you’ll be comfortable in, and one that’s in your budget. The process can be daunting, but don’t let it turn you off. Here are some steps to help you get started.
You may know that life insurance can help fill the income gap for your family and/or beneficiaries if you were to die unexpectedly. But did you know that life insurance can also be used while you’re living?
A good financial plan assesses your finances, breaks down what you’ll need to do to meet your goals, and helps you determine how long it will take to meet those goals comfortably.
Your life insurance policy offers peace of mind for your family should you pass away. But that policy needs to be revised and updated from time to time, especially when a life-changing experience occurs. Review your policy if one of the following events occurs.
Caring for a relative, like an aging parent, is a big job. An estimated 43.5 million adults in the U.S. (about 60% of them women) act as caregivers to a loved one every year, according to a 2015 study from the National Alliance for Caregiving and AARP. Here are some tips to best support your loved one: