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Telling Your Kids How Much You Are Worth

Should your kids know how much money you make or how much you are worth? A story in the New York Times says, yes, sort of. It says you can begin to initiate them into your financial world as [...]

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Facebook Now Offers ‘Living Will’

Facebook users can now control their pages after they pass away. The social media company has created a new tool that lets users determine what happens to their accounts after they die – a [...]

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‘Step Up’ To Step Down?

President Obama, in his State of the Union address, outlined some proposed tax changes, including ending the “step up” provision in the capital gains tax. While Congress is unlikely to go along, [...]

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When Nursing Homes Control Residents’ Assets

A recent NY Times article focused on how some nursing homes seek control of a resident’s assets and income to insure payment of their monthly bills. While the nursing home is entitled to be [...]

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Overseeing The Investments Of Aging Parents

Plenty of attention has been paid lately to baby boomers and whether they are prepared for retirement. But boomers face another problem: their parents’ finances. Many financial advisors and [...]