You may be wondering who owns the house when it’s in a trust. If you’re thinking about setting up a trust or are already in charge of one, this question is likely at the top of your list. If you think the answer is easy, you’d be wrong. But I’ll explain it in simple terms. … Read more
Losing a loved one is hard enough without having to navigate the complex world of trusts and estate administration. If you’re wondering exactly how long it’ll take before assets get distributed from a trust, you’re not alone. As a trustee or beneficiary, understanding this timeline can help set realistic expectations during an already challenging time. … Read more
Many people continue to work in retirement. Their reasons vary. Some may need to earn additional income to support their retirement lifestyle. Some enjoy the social aspect of working and the work they do. Others are asked to take positions on a temporary basis to fill vacancies. If you plan to collect Social Security, what … Read more
Are you living on Social Security benefits and wondering if homeownership is still possible for you? Good news – the dream of owning your own home doesn’t have to end just because you’re relying on Social Security income! It seems like everywhere we look, people are buying homes later in life – even well into … Read more
Anyone with a job can put money into a traditional IRA, but the amount of money you can deduct depends on how much money you make each year. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or … Read more
Dreaming of Financial Independence? Here’s What $5M Can Do For You Ever stared at your bank account and wondered, “What if there were a few more zeroes there?” Well, if you’re one of the fortunate few eyeing retirement with $5 million in assets, you’re in an enviable position that most Americans can only dream about. … Read more
So you’ve hit the big 6-0 and you’re eyeing that Traditional IRA you’ve been faithfully feeding for decades. Maybe you’re planning retirement, facing unexpected expenses, or just curious about your options. Whatever your reason, understanding what happens when you tap into your Traditional IRA at age 60 is crucial to making smart money moves. I’ve … Read more
From a budget lifestyle to a comfortable retirement, learn how much super you need to retire your way. It can be stressful to think about retirement. As an Aussie who plans to retire at age 65, I’ve spent countless hours trying to figure out how much super I’ll need to live comfortably. Let me tell … Read more
Have big dreams for your money, but not a ton of know-how yet? No sweat. These money tips for your 20s can help you reach your goals. Your 20s can be a hugely transformational time. It’s when you may move out on your own, kick off your career, and really start getting to know yourself. … Read more
Have you been waiting months or even years for a loved one’s estate to go through probate? You’re not alone! As someone who has helped many clients navigate this frustrating process, I can tell you that probate delays are incredibly common and extremely annoying for families trying to move forward after losing someone Let’s dive … Read more