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
Month: September 2009
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