Americans distributed an average of $9,200 from their IRAs to charities from 2017 to 2018, according to a new report from FreeWill, a fundraising firm.
John Singleton’s made a crucial error in his estate planning that could cause some major drama within his family in the days following his passing.
There are plenty of aging parents out there making life difficult for their adult children…
Without proper planning, leaving an inheritance or making a gift to a disabled family member can cause the disabled person to lose their means-based government benefits, such as Supplemental Security Income or Medicaid.
Parents are often more than happy to offer financial advice to their children. They like to feel needed and want to make sure you're on solid financial ground. However, it's important to turn the tables and ask about their financial plans, too.
Stan Lee is sadly gone but the Marvel icon is far from forgotten, especially in the L.A. County District Attorney’s office.
It's not just a matter of navigating day by day: Parents need the foresight to plan for their child's future—especially for when they will no longer be around.
Billions of dollars are lost to financial scams every year, and seniors are particularly at risk. One widely cited study found that older Americans lose $36 billion a year to elder financial abuse. This includes exploitation, fraud and trust abuse.
Dealing with the death of a parent is challenging but selling their home can be fraught with land mines, particularly if they die without a will.
You can only put money in a health savings account, if you are covered by a high-deductible insurance plan. This means you must stop those contributions, once you’re on Medicare.