A Guide to Trusts for Estate Planning
You don't have to have millions in the bank to benefit from establishing a trust. Learn the truth about trusts and the surprising advantages you could be missing out on.
You don't have to have millions in the bank to benefit from establishing a trust. Learn the truth about trusts and the surprising advantages you could be missing out on.
“Timing markets is the dream of everybody. Suppose I could verify that I’m a .700 hitter in calling market turns. That’s pretty good; you’d hire me right away. But to be a good market timer, you’ve got to do it twice. What if the chances of me getting it right were independent each time? They’re not. But if they were, that’s 0.7 times 0.7. That’s less than 50-50. So, market timing is horribly difficult to do.” - Professor Robert Merton
When done with the right intentions and adequate research ahead of time, embarking on a voluntourism experience can be mutually beneficial for both the traveler and communities in need.
There are various ways that you can safeguard your personal financial information to prevent it from falling into the wrong hands. Consider these seven protective measures to caution yourself against any theft or malicious use of your financial information.
Deciding to go for a lower interest rate on your mortgage may sound like an easy decision to make, but you should always take into account the varying costs associated with refinancing.
If you’ve been fighting debt, you’re not alone. The average American has $15,950 in credit card debt, and 39% of Americans carry a balance from month to month. Debt can cause many emotional and psychological effects so it’s important to implement steps to overcome the emotional effects of debt.
Are you a freelancer or self-employed? If yes, then you already have much to manage when it comes to your books, but adding taxes into the mix further complicates matters. Use these tips as a starting point to evaluate deductions and determine if you can file on your own or should seek help from a professional.
When it comes to money, there are four ways you can more effectively manage your finances so you remain in control of your spending habits.
After losing a loved one, finances are the last thing you're worried about. However, taking care of their financial accounts and administrative tasks can keep their assets in good order.
You may have spent decades accumulating a high net worth, but when it comes to handling a large inheritance, you may not have all of the answers.