Think you don’t need a renters insurance policy unless you’re older, well-off, and have expensive furniture or art collections? If so, you’ve bought into one of the myths about renters insurance. And without basic personal liability coverage for your property, you’re playing fast and loose with your financial future. Peace of mind is priceless, and … Read more
According to LIMRA’s 2023 Insurance Barometer, about 52% of Americans are covered by some form of life insurance. That leaves about 2 in 4 with no coverage at all. Are these people playing fast and loose with their surviving heirs’ finances? The short answer is: possibly. How much life insurance you should have — and … Read more
Whether you’re purchasing a prefab dwelling, building a new construction home, or planning to fix up an older house, you’re probably excited about the prospect of closing the deal and moving in. Not so fast. Buying a home is an expensive proposition – the biggest investment that most families ever make. While you aren’t required to cover the … Read more
If you were born in the latter part of the 20th century, you’re part of the largest generation of Americans in history: millennials. And while millennials have diverse needs and desires, some truisms in life hold for every adult, regardless of their generation. They need to develop a comprehensive estate plan just like everyone else. … Read more
If there is a list of topics people don’t like to discuss, death and debt are near the top. However, like many important legal and financial issues, every responsible adult should have at least a basic understanding of how debts left behind after death can affect survivors. Who pays for such debts? Are debts passed … Read more
House hunting is a bit like dating. Sometimes, you fall for the wrong person – or the wrong house. It’s not at all unusual to fall head over heels in love with a house that’s way out of your budget. You feel like you just have to have it, so you pull every string you can to get approved for a bigger mortgage. But … Read more
As the old saying goes, nothing is certain except death and taxes. Nobody loves either one of these things — and when you put the two together, people hate the combination even more. The best example of this is the federal estate tax. For decades, Republican politicians in the United States have argued that this “death … Read more
