Estate Planning

The True Cost of End-of-Life Care

The True Cost of End-of-Life Care

My father’s Alzheimer’s is getting worse, and I know I will eventually have to take over his care. I want to be prepared financially. What should I expect in terms of cost? 

When caring for someone with Alzheimer…

What Happens to Your Debt When You Die

What Happens to Your Debt When You Die

It may not be pleasant to think about what will happen when you or someone close to you dies, but part of the reason we work and build our financial lives the way we do is because we want to…

Who Needs Life Insurance?

Who Needs Life Insurance?

As the new year begins, it’s customary to take a look at the year ahead and mindfully make resolutions. We think about goals to set, and changes that will make our lives more healthy, productive, and financially stable than…

What is Life Insurance and How is it Used?

What is Life Insurance and How is it Used?

If you feel lost during open enrollment for your benefits, you are not alone. Many people struggle with the options thrown at them — specifically the life insurance options — and worry that they are not making the right decisions. The number…

What Kind of Life Insurance Do You Need?

What Kind of Life Insurance Do You Need?

Most people avoid thinking about life insurance for as long as possible. But to make the question of whether you need it a little less daunting, set your emotions aside for a moment and answer this simple question: Would anyone…

5 Things You Can’t Ignore About Your Advisor

5 Things You Can’t Ignore About Your Advisor

Financial advisors can have major conflicts of interest. With your investments, children’s education, and retirement portfolio at stake, it is important to understand how your investments are being handled. Some may charge hidden fees, and in certain cases may…

Financial Planning You Can Do Yourself

Financial Planning You Can Do Yourself

When I started the Certified Financial Planner training program, I believed a reasonably intelligent woman could handle her own finances without hiring help.

By the end of the program, I’d hired a tax pro and an insurance agent. Within…

Wills and Estate Planning — Estate Beneficiaries

Wills and Estate Planning — Estate Beneficiaries

Whenever I start a discussion about estate planning, one story always comes to mind. Early in my career, I worked with a couple who had just completed a sophisticated will, drawn up by a top estate planning attorney. The husband…

How to Create a Will

How to Create a Will

Are you a woman with a mission? Do you know exactly what you’re doing tomorrow? Have you made a five or 10-year plan for yourself? How about a plan for after your death?

Particularly when we’re feeling…

Who Inherits Your iTunes Library?

Who Inherits Your iTunes Library?

Many of us will accumulate vast libraries of digital books and music over the course of our lifetimes. But when we die, our collections of words and music may expire with us. Someone who owned 10,000 hardcover books and…

How to Prepare for a Spouse’s Death

How to Prepare for a Spouse’s Death

I recently heard from a woman whose husband was just diagnosed with terminal cancer. Her question to me: “What should a woman do before her husband dies?” My heart went out to her, along with my admiration. Death is not…

Tips for Planning Your Estate

Tips for Planning Your Estate

Before having kids, my idea of a will was based on what I had seen in the movies. There was the dramatic “reading of the will” scene where someone is surprised by a huge inheritance or devastated by…