A lot of times, people hide their Wills or estate planning docs in secret locations where they'll likely never be found after their death. Or they'll put their Will in the care of unreliable caretakers, whom may forget they even have the documents and never truly know when is the right time to present it to the family after your death. Consider this illuminating case that winded its way through the NY court system and provides a cautionary tale about safeguarding your documents.
People often assume a Will is everything they'll need to take care of their business when something bad happens to them, but that can actually cause more problems and cost for their family than necessary. To ensure your business is passed on to your family exactly the way you want, you need to have a comprehensive plan that takes your life and business into account. Now check out these 4 key elements every business owner must have in their plan.
These days, owning real estate is a tremendous accomplishment for most families. And if you're fortunate to also be an investor in multiple properties, you'll want to ensure you have the right legal and insurance foundations in place to protect your investment and ensure a roof stays over your head. As they say, it's a numbers game - the most properties you have, the greater likelihood they'll be involved in a lawsuit.
Many early adopters have made fortunes off their initial investment in digital currency, and now you're wondering if there's any opportunity for you to do the same as well. We continue our series by pointing out the scams we're starting to see as the world increasingly continues to make a mad rush to invest. Don't get caught with your shirt missing. It's ok to invest, but do so with an awareness of your vulnerabilities and form at least a basic education of the technology.
You've been hearing about it more and more over the years, and now you're starting to realize that cryptocurrencies are here to stay. To some, it's the Dotcom bubble all over again. Many early adopters have already made fortunes off their initial investment, and now you're wondering if there's any opportunity for you to do the same as well. Before diving in, take a step back and become aware of the risks as well as the scams that could potentially leave you without your shirt!
We're now seeing more people than ever before beginning to downsize their lives. Some are doing it as they're heading into retirement, and others just to simplify things and live more contemporary lifestyles. Regardless of their reasons, there's now a surplus of "stuff" that needs to be dealt with, and there are multiple ways you can help your family members take care of it.
A second home can be an investment or act as a regular escape destination for you and the family. However you choose to use it, there are multiple savings opportunities you can take advantage of after buying a second home. Here's some info to get you started.