Redo Your Estate Plan Before You Remarry

If you are getting remarried, you obviously want to celebrate, but it is also important to focus on less exciting matters like redoing your estate plan. You may have created an estate plan during your first marriage, but this time it will probably be more complicated–especially if you have children from your first marriage or…

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How to Know When You Have Enough?

Kurt Vonnegut related this story about fellow author Joseph Heller. The two were at a billionaire’s party on Shelter Island. Vonnegut asked Heller how it made him feel that the host may have made more money in one day than Catch-22 (Heller’s most famous work) did in its entire run. Heller replied that he had…

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Future of Aging in America

The biggest retirement gaff is not focusing on the planning needs, rather it is not planning comprehensively. Generally, planning is done in pieces. Financial planning, health planning (or more appropriately, health repair), legal planning and to some extent planning around housing issues. The problem generally is that there is no communication within these various professionals…

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Rising Cost of Living

It’s official: No Social Security Increase in 2011. Officially there is no inflation. So why does your insurance premium, price of gas, price of food and other bills keep going up? Brand name drug prices skyrocketing.  What is the difference between government bureaucracy and corporate bureaucracy? Little. But it costs seniors dearly. Changes in Advantage…

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Picking up a Stock !

By Money Manager Tom Cock It always amazes me how people will find someone else to blame for their shortcomings. A front-page article this week in The Wall Street Journal provides more evidence that many would prefer to look to others for their own shortcomings. Personal responsibility just isn’t what it used to be. Despite…

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