Being fiscally responsible means you live by sound money principles that allow you to build a stable future for yourself and your family. An understanding of these basic financial tenants is the first step in achieving financial success. 1. Build an emergency fund....
How to Give Your Home to Your Children Tax-Free
Before the days of estate taxes, children simply moved into the family home and took over the master bedroom after their parents died. Unfortunately, it’s not that easy anymore. There are several ways to give a home to your child. And a few are tax-free. But in order...
Time Management For a Happy Retirement
For a happier retirement, the key isn’t how much free time you have to spend, it’s how you manage whatever free time you have. That’s the conclusion of a fascinating new study about time management in retirement I think is worth heeding. Earlier research has found...
Even at the Top, Making Plans for Life’s ‘Third Chapter’
When Sherry Lansing, the former chairwoman of Paramount Pictures, decided to end a 40-year career in the rough-and-tumble of Hollywood, the question she faced was where to direct all the energy and drive that had propelled her to the top of the industry. Lounging...
Online Tools Can Ease the Burden of Being Executor of an Estate
Being named the executor of a family member’s estate can be overwhelming: At at time when you’re grieving, you’re called on to handle a host of unfamiliar administrative duties. Daniel Stickel learned that firsthand when his father died in 2013. Mr. Stickel has worked...
Tips for the Future Care of Disabled Family Members
Christine Salerno is like many other single working mothers with small children, but her days are often packed with even more emotional highs and lows: Her 4-year-old daughter, Lily, with soft brown eyes and a wide smile, was found to have Rett syndrome, a rare...
Childhood Dreams Can Inspire Rewarding Second Careers
Ever since Sandra Colony was a child, when she was spellbound by the glossy photographs of exotic places in the pages of National Geographic, she has been driven by the desire to explore the world. And she has. To date, she has visited 90 countries. “I knew I loved to...
25 Ways to Improve Your Finances in 2015
If the new year has you feeling motivated to up your financial game, then you’ve come to the right place. Below, you’ll find our 25 best personal finance tips from the year rounded up into bite-size pieces, ready for you to apply to your life. They’ll help you save...
Saving for a Bucket List That’s Likely to Evolve in Years Before Retirement
When most of us imagine retirement, our minds wander to what we’ll get to do then that we don’t have enough time for now. If we’re lucky, we can push the uncertainty of our investment performance and future health out of our minds and picture all the fun we’ll have....
Tax Planning Strategies for Today
Procrastinators beware: Tax planning isn’t just something you have to deal with at the end of the year and then again in April. While it’s tempting to pay your taxes and forget about them until next year, a mid-year review can ensure you aren’t overpaying Uncle Sam....