Drone strikes attacked an oil processing facility at Abqaiq and the nearby Khurais oil field on Saturday.Marketsread more
Trump said oil would be released if needed to keep the market well supplied and he would expedite the approval of pipelines in Texas and other states.Marketsread more
Saudi Aramco is aiming to restore by Monday about a third of its crude output that was disrupted after drone attacks on two key oil facilities, The Wall Street Journal...Marketsread more
The trucking industry is worth hundreds of billions of dollars per year. Uber is going after this market with Uber Freight, an online platform that matches truckers with...Technologyread more
Apple's new iPhones can still send texts, download apps, and make video calls, but the company spends a lot of time and effort marketing its new phones as powerful photography...Technologyread more
Some U.S. manufacturers say tariffs, if targeted, will help address longstanding unfair trade practices like intellectual property theft.Traderead more
Supporters of a $15 minimum wage ballot initiative in Florida argue the state's inflation-tied pay hikes have not gone far enough.2020 Electionsread more
Saudi Arabia shut down half its oil production Saturday after drone strikes hit the world's largest oil processing facility in an attack claimed by Yemen's Houthi rebels.Politicsread more
Trusii's hydrogen water machines were supposed to help users with their health problems, but customers claim the company is involved in a giant scam.Technologyread more
The decoupling of the world's two weightiest economies seems as inescapable as its extent and global impact remains incalculable.Politicsread more
BlackBerry has reinvented itself to become a leader in securing mobile communications and in embedded communications. Next year it plans to roll out new products. CEO John...Evolveread more
Let's face it, when it comes to storing important financial documents, a shoe box under your bed doesn't really cut it.
Estate-planning documents — such as wills, trusts, living wills, medical directives and powers of attorney —are very important to you. So where do you keep them safely secured? And what about your digital assets, passwords and social media accounts?
Jason Heath, a certified financial planner and managing director with Objective Financial Partners, reminds people that some states have public will registries, and there are private will registry companies, as well.
"Although estate-planning documents do not need to be registered, it may be a good idea," he said.
However, registering documents may not be enough. Ensuring your family knows about your estate and other documents, and where to find them, is key. Life insurance policies, divorce records and real estate deeds are some of the other physical documents that should be safely kept. A safety deposit box, or a safe place at home, may be an option.
However, there are also online options available to organize this data in one place and provide a digital "key" to loved ones.
And don't forget about your digital assets, Heath said. "Some online accounts that include points or digital currencies, for example, have a tangible value," he added.
"This is an important consideration that is increasingly being addressed by attorneys in estate planning," Heath said. "These are assets that can be bequeathed, just like bank and investment accounts."
Thomas Keenan, a professor in the environmental science department at the University of Calgary and author of the best-selling book, "Technocreep," urges that sometimes "more is more." He suggests "having multiple copies of information to protect yourself against loss."
"What would you do if the hard drive on your computer suddenly cratered?" he asks.
Here are some action steps to take:
There's also the perennial problem of where to keep your passwords. To that point, Keenan suggests buying special password organizer books for this purpose, but they are a security risk. Many people are moving toward password manager programs that generate and maintain strong passwords. Again, be sure you won't lose your master password.
One simple trick here is to pull out a card that you always carry and make up a passphrase from the initial letters of words. For example, my American Motorcyclist Association (AMA) card says, "Membership not transferable. For 24-Hour AMA Roadside Assistance" and that could yield MntF2HARA. Not the easiest thing to remember, but reasonably strong and easy to re-create.
— By Kelley Keehn, best-selling author and personal finance educator