NEW YORK, April 15- Nearly 70 percent of baby boomers view a gift of money as an expression of love, according to a Merrill Lynch survey released on Friday. While this may sound wonderful, it can complicate estate planning, especially if the generation receiving the inheritance sees things differently. You don't want somebody to feel less loved, " Michael Liersch,... » Read More
NEW YORK, Feb 2- Burned by the housing bust of 2008, more black Americans are tying up their wealth in the U.S. equity market through workplace retirement plans, experts say. "Initially, my experience was that black Americans were more prone to invest in real estate- things they could touch, feel, see," said Jerry Murphy, a certified financial planner at JDM Financial&... » Read More
Financial advisor Manisha Thakor of The BAM Alliance says a good annual, year-end person-finance checklist should address estate planning, insurance and investment portfolio questions.
New digital archives designed for estate planning present a slew of risks for people trying to ensure their heirs don't inherit disarray.
More couples are using lifestyle clauses in nuptial contracts, covering gambling, drugs, affairs, even quality time spent together.
As advisor practices evolve beyond investments, more are taking on the task of end-of-life decisions for clients, using new technology.
Due to longer lives and higher health costs, more boomers are earmarking their estates for their own use rather than willing them to heirs.
An airtight estate plan takes the guesswork out of who gets what when you die and delineates your wishes for end-of-life medical decisions.
Life insurance often gets short shrift, thanks to people's preconceived ideas, which, say advisors, results in some fairly common mistakes.
Lisa Green, "On Your Case" author, shares her ideas on how people can legally control every aspect of their lives, including marriage, divorce, and estate planning.
Warren Buffett is leaving his billions to charity, and many boomers are following suit to avoid turning their kids into rich loafers.
When assets are being passed on to kids, trouble can quickly ensue. For people who remarry, prenups and even postnups need to be airtight.
Do you have a will, a budget or life insurance? For most Americans, the answer is "no." What planning documents you need, when.
The spokeswoman for Robin Williams' family debunked widespread reports that the comedian, who died Monday in a suspected suicide, had money troubles.
Most everyone reaches a point where managing one's money is too hard. Here's how to know when Mom or Dad needs help, and how best to give it.
Having a family talk about parents' goals for old age is never easy, but experts say it needs to happen more often. Here's how.
If we were Sting’s children, we might just be “Driven to Tears.”
The gap is growing between Americans' life insurance coverage and the amount they say they need. Here's how to tell if you have enough.
Here's what your family can learn from the "disappearance" of Casey Kasem, says financial advisor Jerry Lynch.
Loans that promised to help older people stay in their homes in retirement are, in some cases, pushing their children out. The NYT reports.
The estate of Martin Luther King Jr. is asking a judge to force the civil rights icon's daughter to relinquish her father's Nobel Peace Prize.
South Africa's Nelson Mandela left his $4.1 million estate to family, the ruling African National Congress, staff and local schools.