In 29 US states, “filial responsibility laws” hold adult children responsible for their parents’ long-term care costs. Here’s what to know… How it works: These are...
Personal Finances
All Personal Finances Articles
Make Sure Your Financial Advisor Is On Your Side
Under federal law dating back to 1940, investment advisors are required to act in their clients’ best interests…so most of us assume that these advisors...
Not All Inheritances Have to Be Equal
Baby boomers are expected to pass along $73 trillion to their heirs over the next two decades. Conventional wisdom says that parents should leave equal...
New Reporting Requirement for Small Businesses
Effective this year, the Corporate Transparency Act (CTA) requires small businesses and entities to file ownership information with the Financial Crimes Enforcement Network (FinCEN), a...
Beware These Vacation-Rental Scams
Short-term vacation rentals from websites such as Airbnb.com and Vrbo.com can save you on accommodations, but even these legit sites sometimes have illegal listings, fake...
Worry Less About Your Finances
Do you spend a lot of time worrying about your finances? And then perhaps you start following some of the most common financial advice? But...
SLATs: Not Just for the Wealthy
People often assume that Spousal Lifetime Access Trusts (SLATs) aren’t for them. After all, with the federal estate-tax exemption at nearly $13 million in 2023,...
Streaming Services for Your Money
Remember when TV was as simple as choosing a cable package and living with it? With today’s astonishing variety of streaming offerings, getting the most...
Master Mechanic’s Money-Saving Car Secrets
When AAA tallied all the costs involved in owning a car, including car payments, insurance, fuel, maintenance, repairs and more, it found that the average...
The Most Important Document You Need
Imagine that you or an elderly family member has a stroke. Chances are she appointed a proxy to make health-care choices for her. But what...
Need Emergency Cash? Consider a Margin Loan
Borrowing money is costly now, especially if you need cash for an emergency medical expense or unplanned events such as a tax bill. But there...
What Interest Rate Cuts Mean for Your Cash
After short-term interest rates reached their highest levels in two decades last year, savers feasted on 5%+ yields on bank deposit accounts and money-market funds....
