Posts by sherry@reedcompanies.com
Cybersecurity and AI: The Good
The power of AI has been in the news with the release of Chat GPT and similar AI programs. Security researchers tested Chat GPT to see if the program could write malicious code—and it came very close. With every technological advance, there are always added risks. But there can be benefits as well. AI can…
Read MoreAre you staying Cyber Safe: 8 Tips for Securing your Financial Accounts
Financial institutions have an obligation to safeguard your personal financial information, but you have an important role to play as well. While even the best procedures can’t prevent all instances of cybercrime, understanding how customer account takeover incidents and theft of personal financial information might occur and taking steps to minimize your risk can make…
Read MoreBuilding Powerful Cybersecurity Habits
Trying to overhaul every aspect of your cybersecurity system at one time can be overwhelming. For that reason, the Savvy Cybersecurity Quick Reference Guide asks you to commit to just three actions to take in the upcoming 30 days to improve your cybersecurity. But how do you ensure you keep improving your security? By building…
Read More12 Estate Planning Must-Dos
Many of you already have estate documents, probably executed many years ago. You need an estate attorney to look over your documents every 10 years or so. Here are a dozen points to review. Do you have a will and powers of attorney for health care and property? These are part of every complete estate…
Read MoreTips to Avoid Common Estate Planning Mistakes: With a few simple actions, you can ensure your estate planning is effective
Whether your estate plan is simple or complex, there are many details, which are often overlooked, that can undermine your plan’s effectiveness. Are you aware of these common estate planning mistakes? Titling property jointly with your children as a substitute for a will. Unlike a will, a transfer of an interest in your property is…
Read MoreTips for Leaving an Inheritance to Family: Make sure you think about potential disruptions and plan ahead of time
Families inherit money and sometimes make the right moves investing and spending. Inheritances can also ignite disruption, divorce and a host of bad behavior – far from the hopes and plans of the benefactor. What happens when you leave what’s probably one of your biggest investments: your individual retirement plan? Your Retirement Assets Perhaps most…
Read MoreShould You Treat Your Kids Equally in Your Will?: The “right” decision is most aligned with your wishes for your family’s future
As parents approach their retirement years, they often grapple with the task of writing their wills and deciding how to allocate their assets among their children. One of the most pressing questions that arise is: should children be treated equally in a will? While the notion of equality sounds like the epitome of fairness, real-life…
Read MoreLong-Term Care: Better to be Safe than Sorry
As you enter your “golden years”, perhaps you imagine yourself traveling, visiting grandchildren, or pursuing a favorite hobby. Unfortunately, none of us can predict what the future may bring. But, according to the U.S. Department of Health and Human Services (HHS), more than 70% of individuals over the age of 65 will ultimately require some…
Read MoreThe Ultimate Downsizing Checklist Before Retiring: By focusing on goals and priorities, you can create a new, simplified lifestyle
As retirement approaches, many older adults consider downsizing their home as a way to simplify their lives, reduce expenses, and focus on what truly matters. While the process can be emotionally and physically challenging, it can also be liberating and rewarding. To help you navigate this transition, we’ve compiled a comprehensive checklist for downsizing your…
Read MorePlanning Matters When Retirees Start Traveling: Practical tips to embark on peaceful and secure adventures in retirement
Retirees often have the time, freedom, and desire to explore new destinations and make the most of their golden years. With careful planning and attention to detail, senior travelers can ensure their trips are safe, enjoyable, and stress-free. Here are five practical tips to help retirees embark on peaceful and secure adventures. Choose Your Destination…
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