Burt Reynolds Omitted His Son from His Will (But it’s probably not what you think)

From: www.wealthmanagement.com

According to court documents obtained by The Blast, recently deceased star Burt Reynolds intentionally left his 30-year-old son, Quentin, out of his will and named his niece, Nancy Lee Brown Hess, executor of his estate.

Though it may be our first instinct to jump to conclusions about the nature of Reynolds’ relationship with the adopted son…

How to raise financially savvy kids

From: REAP, LLC. | Retirement & Estate Advisors & Professionals

Every parent wants to raise their kids to be self-sufficient adults who feel empowered to achieve anything they want in life. One way to set children up for success is to be honest with them about financial topics and teach them money management skills starting at a young age.

The Early Years

When your kids are young,…

Financial tips for every stage in life

From: REAP, LLC. | Retirement & Estate Advisors & Professionals

There is no one-size-fits-all strategy when it comes to financial planning, but it can be helpful to create a road map based on details like retirement goals, income bracket and how much risk you’re comfortable with. These often align with age, making broad generational considerations a good place to start.

Generation Z

The oldest of Generation Z are…

5 tips to live in retirement like this famous 98-year-old

From: www.marketwatch.com

Americans are living longer in their old age, and should be preparing accordingly.

Restaurateur Cecilia Chiang retired in 1991 from her business but you can still find her cooking at home or enjoying meals at restaurants in her neighborhood.

The 98-year-old is well-known for her Mandarin Restaurant in San Francisco, which she opened in 1961 and sold in 1991. She received the…

How to keep your financial data safe

From: REAP, LLC. | Retirement & Estate Advisors & Professionals

Hackers, identity thieves and cybercriminals are continuously coming up with new ways to compromise sensitive financial information, so it’s important to make a regular practice of protecting your online data. Here are a few ways to help keep your digital details safe and secure.

Pick a financial aggregation tool.

It’s a good idea to use different passwords for…

Key to Financial Success: Avoiding Stupidity

From: www.independenceadvisors.com

One of my heroes is Charlie Munger, Vice Chairman of Berkshire Hathaway.  While I admire his successful career, I’m more impressed with how he thinks about the world. 

There are so many pearls of wisdom in each speech he gives or books written about him that it’s hard to choose a favorite.  However, the one statement I…

7 Myths About LTC | Set the record straight, Seven common myths about LTC

With this information, you’ll be in a better position to help protect yourself, your family and your future.

Myth: “A government program will take care of me.”

Fact: Government programs are difficult to qualify for and have very specific requirements for LTC services. A number of public programs — including Medicare, Medicaid and veterans’ services — may help pay for some LTC services…

How to talk about finances early in a relationship

From: REAP, LLC. | Retirement & Estate Advisors & Professionals

New couples have plenty of fun things to talk about, but what about the tricky-but-necessary topic of finances? Instead of avoiding the conversation, it’s better to tackle money issues early on in order to avoid problems later. Here’s how to discuss finances in a constructive way.

Values and Emotions
Understanding your new partner’s history…