What, in the end, do we leave behind? Money? A house? Investments? All these are but fleeting and will come to nought. The only thing that lasts is the wisdom of a life – values, beliefs, lessons learned from life, dreams, and hopes for future generations. These things should be left to your children too… Read More
When the Roth IRA conversion law was enacted in 1997, taxpayers with adjusted gross incomes over $100,000 could not convert. No more. On January 1, 2010, every IRA owner will qualify for a Roth IRA conversion – there will be no income limitation. When a traditional IRA is converted to a Roth, all before-tax contributions… Read More
Read this article listing common misconceptions about estate planning. Hat tip to Greg Herman-Giddens at North Carolina Estate Planning Blog and author credit to Freya Shoffner.
We read a lot about Social Security, Medicare and Medicaid, but what about Veterans’ Benefits? In addition to Disability Compensation for service-related disabilities, there is also a Disability Pension for non-service related disabilities. There are three levels of pension benefits: 1. Basic – Disabled Veteran unable to work 2. Housebound Disabled Veteran or surviving spouse… Read More