There are a great many people who are reaching their sixties right around now due to the maturing of the baby boomer generation. The way that a majority of them will be financing their retirement years is going to be by using Social Security as the centerpiece of their income. To qualify for your full Social Security benefit you must reach full retirement age, which is 66 for people who were born between 1943 and 1954. In addition to this age requirement, you must also have paid a sufficient … [Read more...] about What If I Don’t Qualify For Social Security?
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QPRT Can Provide Solution
There are some people who hear about the topic of estate planning and question what there is to plan about. How hard can it be to decide who I want to leave my assets to and then simply leave behind directions that make this happen? The answer is that transferring the assets may not be the most challenging part of the equation. The trick is to do so without losing anything in the process, and there are some significant sources of asset erosion that exist. You want to make sure that you maximize … [Read more...] about QPRT Can Provide Solution
Basic Estate Planning Primer
There are a lot of people who know they should have an estate plan in place who procrastinate because they're not sure of how to go about it. There are others who feel as though they do not have very complex estates so there's no real reason to do any specific planning. The reality is that everyone should have an estate plan in place, even if it is just a basic one. With this in mind, we would like to take a look at the basic components of a simple estate plan. You do indeed need to execute a … [Read more...] about Basic Estate Planning Primer
Late Singer Winehouse Had Solid Estate Plan
The entertainment industry was dealt a blow last month when the British singer Amy Winehouse was found dead in her posh North London home. It is always sad when anyone passes away, but when someone young dies before his or her time it is especially heartbreaking. Winehouse was just 27 years of age at the time of her death, but her accomplishments were considerable. Her 2006 Back to Black album made a huge splash, and she earned six Grammy nominations for her work on the record, winning five of … [Read more...] about Late Singer Winehouse Had Solid Estate Plan
Avoid These 3 Estate Planning Disasters
When handling estate planning affairs, or by putting off the need to plan, many people make errors. These errors can create 3 disasters in the future. It’s important to work carefully throughout the planning process, so that you’re always prepared. Take a look at the following information to better understand estate planning disasters that you will likely want to avoid. If you have any questions, or if you’d like to begin your estate planning, contact an estate planning … [Read more...] about Avoid These 3 Estate Planning Disasters
