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Steps to Protect Yourself From Identity Theft : Identity theft hits your finances, but also can affect your taxes too
By sherry@reedcompanies.com |
Identity theft is one of the fastest growing crimes in the United States, with as many as 10% of Americans over age 16 victims last year, according to a bulletin from the Bureau of Justice Statistics. Identity theft is a type of fraud in which a thief uses your personal information to conduct transactions in…
Why a Credit Freeze is the Best Response to a Data Breach
By sherry@reedcompanies.com |
The headlines come at us constantly—143 million records leaked at Equifax, one billion exposed in a Yahoo breach, and 110 million records compromised at Target. After each new “unprecedented” hack, you’re rushed into a free credit monitoring program that promises to watch your files and alert you to any unusual activity. But is that enough…
Shielding Your Insurance from Estate Taxes: The rules are very stringent, but your financial advisor can help navigate
By Doug Reed |
Life insurance, which can help to provide for your heirs in the event of your death, can be an important estate planning tool. It can provide funds to loved ones when they need it most and help meet your family’s financial obligations. One issue overlooked by many people, however, is that life insurance can add…
The Murkiest Part of Estate Planning is Talking:Specific questions to help frame your thinking as you talk to your heirs
By Doug Reed |
The murkiest part of estate planning is to discuss when and how to distribute your assets to your heirs. This process requires a series of considerations and trade-offs to avoid emotion-laden family problems. For many, focusing on the numbers are objective and straightforward. But when it comes to this final set of issues, things get…
12 Estate Planning Must-Dos
By Doug Reed |
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…
Prepare for Long-Term Care Before the Need: Despite the dollars, fears and emotions – you can manage with planning
By Doug Reed |
Long-term care (LTC) keeps you functioning in the face of devastating illnesses, disabilities and prolonged disorders such as Alzheimer’s disease. LTC kicks in when you lose the ability to care for yourself and can no longer do things such as bathe, dress or eat without help. These are three of the six most commonly listed…