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.» Read More
LOS ANGELES, June 29- There are plenty of tips and tricks to maximizing your retirement benefits, and more than a few are considered "loopholes" that taxpayers have been able to use to circumvent the letter of the law in order to pay less to the government. 1. Back-door Roth IRA conversions The U.S. Congress created this particular loophole by lifting income...
Estate planning, taxes, Social Security benefits, health insurance and other financial issues have historically been enormously complicated for same-sex couples. Now with nationwide acceptance of marriage equality, thanks to the Supreme Court decision on Friday, will the financial picture finally be clear? Reuters spoke with three experts in LGBT...
NEW YORK, June 16- The Vanguard Group, which in 40 years became the biggest mutual fund company by selling low-priced, market-matching funds, is competing with some of its best customers- the brokers and advisers who funnel client assets to its funds-- by offering personalized service to investors with more than $500,000. And the company has widened the pool of...
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.
A bitter fight between two of the New York area's wealthiest families is playing out in the modest trappings of a county courthouse.