Having debt or getting behind on paying bills is no longer a hidden or shameful life event. Today, the average American household is carrying over $5,000 in debt. People in this category aren’t spendthrifts, but they include people who have lost their jobs, or an expensive illness has hit them or an unexpected funeral debt. … Read more
Getting life insurance when you’re over 50 is an affordable way to leave money behind for your loved ones after you die. It can be used to settle debts, to pay for the funeral or as a gift to your family. Different insurers have great plans that can help get you the right cover and … Read more
If you are like most senior citizens, you’ve probably paid off the majority of your debts by the time you retire. Besides, your children are all grown up and financially independent, and you even have retirement savings. So, why should you still consider life insurance? In this post, we take a look at one of … Read more
Contrary to perception, seniors have vast options to choose from when it comes to taking life insurance coverage in the U.S. Insurance companies are increasingly catering to the aging population’s needs despite the increased risk that most of them come with. Likewise, one is always sure to be spoilt for choice when it comes to … Read more
By Jerry K.Robbins When I was a kid in the post-Depression years, my mother often talked about, “The Poorhouse.” “We can’t afford that couch or we’ll be in The Poorhouse.” “We will go to the beach for only two days vacation. You want to end up in The Poorhouse?” “They didn’t give you … Read more
Healthcare can be a nightmare to navigate and a massive drain on your wallet. You need every advantage you can get to keep ahead of the system. Finding solid Medicare advantage plans can be a lifesaver. These plans can make the process easier and the cost lighter. The question then is which one is best? … Read more
By Steven J. Weil, Ph.D. What Does the Probate and Inheritance Process Require? After the funeral, financial and legal decisions are required to settle an estate. Net assets must be transferred to legal heirs. This is called the probate process, which may include filing various federal and state tax returns on behalf of the deceased. … Read more
