8 Ways to Avoid Probate offers simple and effective methods for skipping the probate process so that property goes directly to the intended beneficiaries. Using the simple, plain-English instructions, you'll learn how to create a savvy estate plan. Find out about:
setting up payable-on-death accounts
naming beneficiaries, including children, institutions, and multiple beneficiaries
naming beneficiaries for retirement accounts, vehicles, real estate, and stocks and bonds
special procedures for small estates
holding property in joint ownership, and alternatives to joint ownership
using a living trust to avoid probate
making gifts of property and money
This edition provides updates to estate and gift tax laws, updated 50-state tables on simplified probate, and additional information on how to bequeath real estate without probate--12 states now offer a special deed for just this purpose.
More than just a collection of recipes, however, this comprehensive cook's reference also provides a fascinating introduction to the food and customs of the antebellum South, as well as handy instructions for making soap, starch and cologne water, cleaning silver, drying herbs, and much other useful advice.
For this edition, Jan Longone, a specialist in antiquarian wine and food books, has contributed an informative new introduction that outlines the singular qualities of Mrs. Randolph's book and its preeminent place in American culinary history. Any cook, antiquarian or lover of Americana will enjoy this rare glimpse into the kitchens of the past.
A valuable discussion of where paper assets fit (and do not fit) in the context of Rich Dad principles and its place among the other assets classes such as real estate business and commodities.
The bulk of the book educates investors on "Andy's 4 pillars of stock market income" and effectively simplifies the four concepts to help investors begin to harness their power.
The book concludes with ideas for an individual action plan suited to the goals of the reader
Whenever you transfer real estate in the Golden State -- because of marriage, divorce, death or for estate planning purposes -- you need a new deed.
Deeds for California Real Estate shows you how to choose the right kind of deed, create it, then file it with the county recorder. This plain-English book has all the forms you'll need, with step-by-step instructions for completing them quickly and accurately.
Learn how to:put real estate in joint tenancy or community property add or remove someone's name from the title of real estate you own transfer real estate into, or out of, a revocable living trust transfer property into a family corporation or partnership borrow or lend money with real estate as security use real estate as security for a loan buy out a co-owner of jointly held real estate
Deeds for California Real Estate explains potential complications involving gift taxes, spouses' property rights, disclosure statements required by state or federal law, and tax and estate planning aspects of property transfers. The 8th edition is completely updated with the latest federal gift and estate tax information.
Nolo has dozens of products created just for California residents. Check out Nolo's list of California products.
—Burton Malkiel, author of A RANDOM WALK DOWN WALL STREET
TV analysts and money managers would have you believe your finances are enormously complicated, and if you don’t follow their guidance, you’ll end up in the poorhouse.
When University of Chicago professor Harold Pollack interviewed Helaine Olen, an award-winning financial journalist and the author of the bestselling Pound Foolish, he made an offhand suggestion: everything you need to know about managing your money could fit on an index card. To prove his point, he grabbed a 4" x 6" card, scribbled down a list of rules, and posted a picture of the card online. The post went viral.
Now, Pollack teams up with Olen to explain why the ten simple rules of the index card outperform more complicated financial strategies. Inside is an easy-to-follow action plan that works in good times and bad, giving you the tools, knowledge, and confidence to seize control of your financial life.
America's estimated 50 million dogs are governed by many things: The stomach, the nose and the law -- laws that you as a dog owner, or as the neighbor of a dog, need to know.
Every Dog's Legal Guide is a newly revised, up-to-date practical guide to the legal issues that affect dogs, their owners and their neighbors every day, including:
. dog owners’ liability for injuries
. dogs that bite or create a nuisance
. animal cruelty
. landlords, tenants and dogs
. traveling with dogs
. providing for pets at death
. dealing with veterinarians
. your rights when buying or selling a dog
. restrictions on dangerous dogs
. vaccinations, licenses and other local laws
. guide, signal, service and therapy dogs
The latest edition of Every Dog's Legal Guide is completely updated with the latest laws of your state that affect your canine.
Get What’s Yours has proven itself to be the definitive book about how to navigate the forbidding maze of Social Security and emerge with the highest possible benefits. It is an engaging manual of tactics and strategies written by well-known financial commentators that is unobtainable elsewhere. You could try reading all 2,728 rules of the Social Security system (and the thousands of explanations of these rules), but academia’s Kotlikoff, the popular press’s Moeller, and public television’s Solman explain the Social Security system just as comprehensively, and a lot more comprehensibly. Moreover, they demonstrate that what you don’t know can seriously hurt you: wrong decisions about which Social Security benefits to apply for cost individual retirees tens of thousands of dollars in lost income every year. (Some of those people are even in the book.)
Changes to Social Security that take effect in 2016 make it more important than ever to wait as long as possible (until age 70, if possible) to claim Social Security benefits. The new law also has significant implications for those who wish to claim divorced spousal benefits (and how many Social Security recipients even know about divorced spousal benefits?). Besides addressing these and other issues, this revised edition contains a chapter explaining how Medicare rules can shape Social Security decisions.
Many other personal-finance books briefly address Social Security, but none offers the full, authoritative, yet conversational analysis of Get What’s Yours.
Get What’s Yours explains Social Security benefits through basic strategies and stirring stories. It covers the most frequent benefit scenarios faced by married retired couples; by divorced retirees; by widows and widowers. It explains what to do if you’re a retired parent of dependent children; disabled; an eligible beneficiary who continues to work. It addresses the tax consequences of your choices, as well as the financial implications for other investments. It does all this and more.
There are more than 52 million Americans aged 54 to 69. Ten thousand of them reach Social Security’s full retirement age of 66 every day. For all these people—and for their families and friends—Get What’s Yours has proven to be an invaluable, and therefore indispensable, tool.
—Bob Clark, Editor-in-Chief, Dow Jones Investment Advisor
Ric Edelman, America’s most successful financial advisor, has revised and updated his classic personal finance bestseller to reflect the new global economic outlook. In his 4th edition of The Truth About Money, Edelman tells you everything you need to know about money—an essential, yet delightfully breezy and accessible, must-read manual for anyone who may have previously sought the financial wisdom of Suze Orman and Jean Chatzky. The Truth About Money is an indispensible guide to money matters from the man whom Barrons named the #1 independent financial advisor in the country.
For Mrs. Mary, “The grand Arcanum of management lies in three simple rules: Let everything be done at a proper time, keep everything in its proper place, and put everything to its proper use.” To this end, much more than just a cookbook, The Virginia Housewife is a complete lifestyle reference providing an introduction to the food, culture, and manners of the antebellum South, as well as housekeeping instructions on topics ranging from soap making to herb drying and silver cleaning—everything that a woman of the nineteenth (or the twenty-first) century might desire to know.
This facsimile edition of Mary Randolph’s Virginia Housewife was reproduced by permission from the volume in the collection of the American Antiquarian Society, Worcester, Massachusetts. Founded in 1812 by Isaiah Thomas, a Revolutionary War patriot and successful printer and publisher, the Society is a research library documenting the life of Americans from the colonial era through 1876. The Society collects, preserves, and makes available as complete a record as possible of the printed materials from the early American experience. The cookbook collection includes approximately 1,100 volumes.
Whatever your current financial situation, you must continue tostrive for a viable retirement plan by finding the most effectiveways to save, the best accounts to save in, and the right amount tosave, as well as understanding how to insure against setbacks andhandle the uncertainties of a shaky economy.
Fortunately, the Bogleheads, a group of like-minded individualinvestors who follow the general investment and business beliefs ofJohn C. Bogle, are here to help. Filled with valuable advice on awide range of retirement planning issues, including some pearls ofwisdom from Bogle himself, The Bogleheads' Guide to RetirementPlanning has everything you need to succeed at thisendeavor.Explains the different types of savings accounts and retirementplansOffers insights on managing and funding your retirementaccountsDetails efficient withdrawal strategies that could help youmaintain a comfortable retirement lifestyleAddresses essential estate planning and gifting issues
With The Bogleheads' Guide to Retirement Planning, you'lldiscover exactly what it takes to secure your financial future,today.
New York Times bestselling author, David Bach has helped millions of couples plan for a future they love with more than 7 million of his books in print. And now, completely updated and revised, Smart Couples Finish Rich, America’s favorite money book, is back. You’ll discover the latest techniques to live a life as a couple, where your values align and your money decisions become easier. Whether newlyweds, a couple planning for retirement or already retired, this timeless classic provides couples with easy-to-use tools that cover everything from credit card management to detailed investment advice to long term care. Together you’ll learn why couples who plan their finances together, stay together!
Social Security provides the bulk of most retirees’ income and Medicare guarantees them affordable health insurance. But few people know what Medicare covers and what it doesn’t, what it costs, and when to sign up. Nor do they understand which parts of Medicare are provided by the government and how these work with private insurance plans—Medicare Advantage, drug insurance, and Medicare supplement insurance.
Do you understand Medicare’s parts A, B, C, D? Which Part D drug plan is right and how do you decide? Which is better, Medigap or Medicare Advantage? What do you do if Medicare denies payment for a procedure that your doctor says you need? How do you navigate the appeals process for denied claims? If you’re still working or have a retiree health plan, how do those benefits work with Medicare? Do you know about the annual enrollment period for Medicare, or about lifetime penalties for late enrollment, or any number of other key Medicare rules?
Health costs are the biggest unknown expense for older Americans, who are turning sixty-five at the rate of 10,000 a day. Understanding and navigating Medicare is the best way to save health care dollars and use them wisely. In Get What’s Yours for Medicare, retirement expert Philip Moeller explains how to understand all these important choices and make the right decisions for your health and wealth now—and for the future.
Everyone knows that investing in your retirement is important. Yet only half of all eligible Americans contribute to a retirement plan. That’s because 401(k)s, 403(b)s, 457s, and IRA plans are complicated, confusing, and costly. New York Times bestselling author and acclaimed financial advisor Ric Edelman has counseled thousands of savers and retirees, and has accumulated his advice in this book.
Edelman has created a step-by-step guide. With illuminating examples and simple explanations, he shares everything you need to know as a plan participant: how much you need to retire comfortably, how to make wise choices among your investment options, and how to maximize the benefits of your 401(k). Along the way, he debunks the myths and clears up the confusion.
8 Ways to Avoid Probate offers easy and effective ways to skip the probate process so that property goes directly to the intended beneficiaries. Using the simple, plain English instructions, you'll learn how to create a savvy estate plan. Find out about:
naming payable-on-death beneficiaries for financial accounts owning property jointly leaving real estate with transfer-on-death deeds using a living trust naming the right beneficiaries for IRAs, 401 (k)s, and other retirement plans, and using probate shortcuts for small estates procedures for small estates.
This (12th) edition provides updates to 50-state rules on probate, including affidavit procedures for small estates and transfer-on-death registration for vehicles and securities.
Twenty-three-year-old Zac Bissonnette—the author of Debt-Free U—knows exactly what you’re going through. He demystifies the many traps young people fall victim to in their post-college years. He offers fresh insights on everything from job hunting to buying a car to saving for retirement that will give you a foundation for a secure, stable, and happy life. In the process, he reveals why FICO scores are overrated, online job applications are a waste of time, car loans are for suckers, and credit card rewards are a scam.
With detours to discuss wine connoisseurs, Really Broke Housewives, and Lenny Dykstra, Zac shows you how to make better choices today so you can be richer, smarter (and better-looking!) for years to come.
In this fully revised and updated edition, Swensen, author of the bestselling personal finance guide Unconventional Success, describes the investment process that underpins Yale's endowment. He provides lucid and penetrating insight into the world of institutional funds management, illuminating topics ranging from asset-allocation structures to active fund management. Swensen employs an array of vivid real-world examples, many drawn from his own formidable experience, to address critical concepts such as handling risk, selecting advisors, and weathering market pitfalls.
Swensen offers clear and incisive advice, especially when describing a counterintuitive path. Conventional investing too often leads to buying high and selling low. Trust is more important than flash-in-the-pan success. Expertise, fortitude, and the long view produce positive results where gimmicks and trend following do not.
The original Pioneering Portfolio Management outlined a commonsense template for structuring a well-diversified equity-oriented portfolio. This new edition provides fund managers and students of the market an up-to-date guide for actively managed investment portfolios.
In today’s troubling economic times, the quality of our retirement depends upon our own portfolio management. But for most of us, investing can be stressful and confusing, especially when supposedly expert predictions fail. Enter The 3% Signal. Simple and effective, Kelly’s plan can be applied to any type of account, including 401(k)s—and requires only fifteen minutes of strategizing per quarter. No stress. No noise. No confusion.
By targeting three percent growth and adjusting holdings to meet that goal, even novice investors can level the financial playing field and ensure a secure retirement free from the stress of noisy advice that doesn't work. The plan's simple technique cuts through the folly of human emotion by reacting intelligently to price changes and automatically buying low and selling high. Relayed in the same easy-to-understand language that has made The Neatest Little Guide to Stock Market Investing such a staple in the investing community, The 3% Signal is sure to become your most trusted guide to investing success.
From the Trade Paperback edition.
With the possible exception of home property, the most valuable asset for most Americans is their retirement fund. Yet most people don't know how to avoid the costly mistakes that cause a good chunk of those savings to be lost to needless and excessive taxation. Now, in this fully updated edition of The Retirement Savings Time Bomb, renowned tax advisor Ed Slott explains in clear-cut layman's terms what people need to know to keep their money and pass it on to their families. This book is for every American with savings who is planning to retire.
Today, people worry that they’re going to run out of money in their older age. That won’t happen if you use a few tricks for squeezing higher payments from your assets—from your Social Security account (find the hidden values there), pension (monthly income or lump sum?), home equity (sell and invest the proceeds or take a reverse mortgage?), savings (should you buy a lifetime annuity?), and retirement accounts (how to invest and—critically—how much to withdraw from your savings each year?). The right moves will not only raise the amount you have to spend, they’ll stretch out your money over many more years. With this book, financial expert Jane Bryant Quinn, “America’s dean of personal finance” (Forbes), explains how to turn your retirement funds into a paycheck that will last for life.
She also shows how to look at your savings and investments in a new way. If you stick with super-safe choices the money might not last. You need safe money to help pay the bills in your early retirement years. But to ensure that you’ll still have spending money ten and twenty years from now, you have to invest for growth, today. Quinn shows you how. At a time when people are living longer, yet retiring with a smaller pot of savings than they’d hoped for, this book will become the essential guide—“a hugely valuable resource for readers, wherever they are on their personal financial timeline” (Publishers Weekly, starred review).
J.K. Lasser's Your Income Tax 2018 is the nation's most trusted tax guide, updated to help you prepare your 2017 return. Step-by-step expert guidance walks you through the forms, calculations, and deadlines to help you file your taxes without the headaches. New changes including tax laws, IRS rulings, court decisions, and more are explained in plain English, backed by examples of how they apply to individual taxpayers like yourself. Explore your options in terms of deductions, income shelters, and planning strategies to maximize your savings and keep more of your money—without wading through volumes of dense tax code. This comprehensive yet accessible guide is your handbook for making your tax filing for 2017 easier than you thought possible.
Tax time does not have to be a source of stress and anxiety. With the experts at J.K. Lasser by your side, you can file correctly and on time while paying less than you thought; this book shows you everything you need to know, and gives you the answers you need right at your fingertips.Learn how the latest changes from the IRS affect your returnGet trusted advice for maximizing deductions and sheltering incomeNavigate the many IRS forms with step-by-step guidanceStart planning now to streamline next year's filing
Keeping up with ever-changing tax laws is a full-time job, decoding incomprehensible IRS forms can be an exercise in frustration, and searching for the answers you need can often leave you with more questions. Americans have been turning to J.K. Lasser for over 75 years to find trusted guidance on critical tax issues. J.K. Lasser's Your Income Tax 2018 is this year's essential guide to taking the stress out of tax time.
CPA and Attorney Mark J. Kohler answers the leading tax and legal questions facing small business owners, across all stages of business, and delivers a comprehensive playbook of clear-cut truths, thought-provoking advice, and underutilized solutions to save you time, money, and heartache.
You can read this book straight through or as a reference guide—reading the chapters as needed to answer the questions as they arise. You’ll come away wiser and better equipped to make the best decisions for your business, your family, and yourself.
• The ins and outs behind fundamental business decisions
• Underutilized tax and legal strategies that can save you thousands
• Picking the right legal entity for your business
• Common legal scams and deceptions to avoid
• Protecting your assets and planning for retirement
• Issues are illustrated with entertaining, real-world examples
The biggest risk in investing is doing nothing. In the updated edition of this New York Times bestseller, Charles Schwab presents clear and simple lessons that will give readers the confidence they need to start down the road to financial independence. Schwab, one of the most trusted gurus in American investing, explains all the basics in a clear, easy-to-understand way.
This revised edition completely updates the book to take into consideration the substantial changes and fluctuations in the market in recent years. A significant amount of new material has been added, including a valuable section on performance monitoring, a key strategy that enables investors to measure the performance of their portfolios against objective benchmarks.
Using this excellent book, investors will learn how to:
• Define and set investment goals
• Prepare an investment plan, put it into action, and update it regularly
• Plan for their children’s education
• Cope effectively with the ups and downs of the market
• Plan for a comfortable retirement
From the Trade Paperback edition.
Building from the ground up, Buffett chose wisely and picked his stocks with care, in turn amassing the huge fortune for which he is now famous. Mary Buffett, former daughter-in-law of this legendary financial genius and a successful businesswoman in her own right, has teamed up with noted Buffettologist David Clark to create Buffettology, a one-of-a-kind investment guide that explains the winning strategies of the master.
* Learn how to approach investing the way Buffett does, based on the authors' firsthand knowledge of the secrets that have made Buffett the world's second wealthiest man
* Use Buffett's proven method of investing in stocks that will continue to grow over time
* Master the straightforward mathematical equipments that assist Buffett in making investments
* Examine the kinds of companies that capture Buffett's interest, and learn how you can use this information to make your own investment choices of the future
Complete with profiles of fifty-four "Buffett companies" -- companies in which Buffett has invested and which the authors believe he continues to follow -- Buffettology can show any investor, from beginner to savvy pro, how to create a profitable portfolio.
Every year, the Union Budget changes some tax provisions or the other. Which means every year you need expert guidance to figure out your best tax-saving options because while some tax reliefs may be obvious — others are buried in fine print.
Every year, India's top taxation experts R.N. Lakhotia and Subhash Lakhotia provide you just that — all the best tax-saving solutions that you can profitably use, all packed in this bestselling tax guide.
The 30th edition of the bestselling book, How to Save Income Tax through Tax Planning, by India's top tax experts R. N. Lakhotia and Subhash Lakhotia reveals the best tax-saving solutions for FY 2015-16, taking into account all the changes brought about by the latest Budget for FY 2015-16.
Find out how you can reduce your taxes in FY 2015-16:
● Tax saving through full claim of tax exemptions, deductions and rebates
● How to reduce tax on your salary and perquisites
● How to save tax on income from house property
● How to save tax on capital gains
● How to save tax through gifts and trusts
● How to compute your taxable income
● Filing your income tax return — the easy way
● Tax planning for different stages of life
● How to plan your investments to minimise taxes.
Full of practical examples and expert guidance, this book is India's most trusted tax-saving guide, which is why The Hindu newspaper hails it as a book "packed with hundreds of ready-to-use tax saving ideas".
And, remember, tax saved is additional money in your bank — to spend or invest as you want!
It begins with acknowledging what a person or household actually needs to have saved—the rule of thumb is eight to ten times your annual salary before retirement—and how much to expect from Social Security. And then it delivers the basic principles that will make the money grow, including a dozen good ideas to get current expenses under control. Why to “get rid of your guy”—those for-fee (or hidden-fee) financial planners that suck up valuable assets. Why it’s always better to pay off a loan or a mortgage.
There are no gimmicks, no magical thinking—just an easy-to-follow program that works.
-- Charles Lewis Sizemore CFA, Senior Analyst HS Dent Investment Management, LLC http://www.hsdent.com/
"I am a Chartered Accountant in Canada and spent most of my career teaching in a community college.
"Over the years, I have used various "plans," with varying degrees of success, but had never given much thought to dividends, so I fell prey to the hype about capital gains. So what was I thinking? Should have been investing for dividends.
"I also learned about some new investment vehicles, and got a "heads up" on some investments that I was aware of, but put on the back burner.
"Wish I knew about all this stuff when I was in my 20's, or at least paid attention to the theories involved in my 40's."
--- Dennis Wilson
"What an eye-opener!!!
"I had heard about REITs, MLPs, BDCs, but you really explained their advantages and disadvantages. Thank you, Rick. You have set me on the right path to generate a steady income stream."
-- Kenny H
While the financial markets are collapsing . . .
Finally, you too can discover the old-fashioned -- yet now revolutionary (and updated for the 21st century) -- "gold egg" income investing secrets for lazy investors
Despite following the conventional financial wisdom, many senior citizens are now asking what happened to that worry-free fun and relaxation they promised themselves after a long career of hard work.
Many people in their fifties and early sixties are wondering when -- or even if -- they'll be able to retire.
What's the alternative? Investing for income.
Learn how to make money whether the stock market goes up, down or sideways.
Discover how to avoid the financial pitfalls and emotional stress of depending upon the stock market to deliver market price appreciation to you -- capital gains. They come -- sometimes -- but they also disappear.
The Dow Jones Industrial Average is now just a little over the high it first broke six years ago. These days the buy and hold strategy requires a lot of patience.
This book advocates rewarding yourself right away with regular income from stock dividends and bond interest. It shows you the best, most dependable types of income-producing investments -- and how to minimize risk.
So invest now in the book that can guide your retirement portfolio to generating large amounts of income in the long term.
Just scroll up and download Income Investing Secrets: How to Receive Ever-Growing Dividend and Interest Checks, Safeguard Your Portfolio and Retire Wealthy.
Internationally bestselling author and consumer advocate Dan Solin challenges some basic and misguided assumptions about traditional retirement plans to reveal that:
? 401(k) and 403(b) plans are laden with Porky Pig fees, poor investment choices, and conflicts of interest. You may be better off just saying "No!"
? There is a simple way to make smart choices in these plans- and this book shows you exactly what to do and which funds to avoid.
? There is one investment that could be the key to a successful retirement plan. You can do it yourself, with pre-tax or after-tax money. Create your own, inflation-proof pension plan that is guaranteed to provide you with monthly income for as long as you live, and beyond!
Smart Investing is not complicated. You have the power to make meaningful changes to your retirement savings plan-no matter what your age or financial status.
"If you haven't taken a recent look at what your own retirement investments are doing and-perhaps even more important-how they are put together, reading Solin's smart little book might provide the impetus for action." -Miami Herald
IF YOU ARE IN YOUR 20s OR 30s: Your Money Ratios will tell you how to get started and what you need to do over the next 35 years to stay on track. If you are lucky enough to read this book when you are young, you will have a clear vision for where you need to go throughout your working career. By setting yourself on the right path, you won’t have to work so hard later in life to meet your goals.
IF YOU ARE IN YOUR 40s: You can benchmark your own financial circumstances against the ratios and see how you are doing with respect to your savings, debt, investments and insurance. You have plenty of time to make adjustments if necessary and plot out your path to retirement.
IF YOU ARE IN YOUR 50s: The formula will provide you with a realistic assessment of your ability to retire. It will help you make the important decisions about how to allocate your financial resources over the next 10 to 15 years, and how to put on the final push for retirement.
Managing your money is like going to the dentist or standing in line at the DMV. Nobody wants to do it, but at some point, it's inevitable: you need to clean your teeth, renew your license, and manage your personal finances like a grown-up. Whether you're struggling to pay off student loan debt, ready to stop living paycheck to paycheck, or have finally accepted that your Beanie Baby collection will never pay off, tackling your finances may seem immensely intimidating. But it doesn't have to be. In fact, by approaching it as a game--or something that requires you to set clear goals, as well as face challenges you must "beat"--personal finance can not only be easy to understand, but it can also be fun!
In Get Money, personal finance expert Kristin Wong shows you the exact steps to getting more money in your pocket without letting it rule your life. Through a series of challenges designed to boost your personal finance I.Q., interviews with other leading financial experts, and exercises tailored to help you achieve even your biggest goals, you'll learn valuable skills such as:
Building a budget that (gasp) actually works Super-charging a debt payoff plan How to strategically hack your credit score Negotiating like a shark (or at least a piranha) Side-hustling to speed up your money goals Starting a lazy investment portfolio...and many more!
Simply put, with this gamified guide to personal finance, you'll no longer stress about understanding how your finances work--you'll finally "get" money.
estate planning by parents with minor children
trusts for people in second marriage
planning for incapacity
Best-selling Nolo author Denis Clifford uses plain-English to make these estate planning issues easy to understand, and he lets you know which tasks you can handle yourself, and when you’ll need a lawyer’s help.
The guide updates traditional personal finance topics, such as budgeting, credit, debt, savings, and investment, and goes beyond those fundamentals to furnish important life lessons on such concerns as career planning, starting a business, Internet fraud, and avoiding financial scams. It even provides useful background on the tax system, how to avoid bankruptcy, legal issues young adults often face, and the plethora of government benefits they can access. In fact, young readers will come away from this book with basic knowledge of every important area of personal finance.
Ideal for teens and young adults, the volume will prove useful to parents who want to educate their children about the wise use of money, preparing them to make independent financial decisions. In addition, this book can be used to meet the standards enacted in every state for developing a curriculum guide for teaching financial literacy to high school students. It can also serve as a primary or supplementary resource in personal finance or consumer economics courses for college students and adults.
You may not be a millionaire now or in six months, but you can become one if you change your mindset and adopt proven financial strategies that have helped countless others become true millionaires.
There's no need to live frugally to achieve financial freedom in the future. Instead, you should focus on making smart choices based on your personal needs and wants. Of course, you can't avoid spending some money but you'll want to figure out how to put aside funds and accumulate wealth for later years.
Based on advice from the acclaimed newsletter, The Franklin Prosperity Report, you will learn how to:
• Maximize your Social Security income
• Make money in real estate without risking your investment
• Reduce your income tax payments
• Acquire income-producing dividend stocks
• Start your own business
Filled with sample 401(k) portfolios for every stage of life
Invest your 401(k) money wisely and make the most of yourretirement
Want to know what kind of investment mix you need to make yourretirement money grow? Don't know what to do with a 401(k) accountfrom your last job? Worried that your company's 401(k) plan doesn'tcut it? Relax! This simple, plain-English guide shows you how tomanage your accounts, minimize your risks, and maximize yourreturns.
The Dummies Way
* Explanations in plain English
* "Get in, get out" information
* Icons and other navigational aids
* Tear-out cheat sheet
* Top ten lists
* A dash of humor and fun
In 2014, Elizabeth and Nate Thames were conventional 9-5 young urban professionals. But the couple had a dream to become modern-day homesteaders in rural Vermont. Determined to retire as early as possible in order to start living each day—as opposed to wishing time away working for the weekends—they enacted a plan to save an enormous amount of money: well over seventy percent of their joint take home pay. Dubbing themselves the Frugalwoods, Elizabeth began documenting their unconventional frugality and the resulting wholesale lifestyle transformation on their eponymous blog.
In less than three years, Elizabeth and Nate reached their goal. Today, they are financially independent and living out their dream on a sixty-six-acre homestead in the woods of rural Vermont with their young daughter. While frugality makes their lifestyle possible, it’s also what brings them peace and genuine happiness. They don’t stress out about impressing people with their material possessions, buying the latest gadgets, or keeping up with any Joneses. In the process, Elizabeth discovered the self-confidence and liberation that stems from disavowing our culture’s promise that we can buy our way to "the good life." Elizabeth unlocked the freedom of a life no longer beholden to the clarion call to consume ever-more products at ever-higher sums.
Meet the Frugalwoods is the intriguing story of how Elizabeth and Nate realized that the mainstream path wasn’t for them, crafted a lifestyle of sustainable frugality, and reached financial independence at age thirty-two. While not everyone wants to live in the woods, or quit their jobs, many of us want to have more control over our time and money and lead more meaningful, simplified lives. Following their advice, you too can live your best life.
Inside are twenty major financial decisions which could profoundly impact your lifestyle over the next forty years. For many retirees, these decisions come as a surprise and must be made hastily without proper consultation. But by reading the expert, commission-free advice in this book, you'll learn how to manage your assets and prepare for the best possible retirement.Do I have enough money to retire now? How will I cover my medical expenses during retirement? When should I begin taking Social Security? How much should I invest in stocks, bonds, and cash? What criteria should I use to identify the best investments? Should I cancel my life insurance policy? Should I pay off my mortgage at retirement?
Ray E. LeVitre is a Certified Financial Planner with nearly twenty years of experience in the financial services industry, working for Fidelity, CitiCorp, Mutual of New York, and Merrill Lynch before starting his own firm. He has been featured in the Chicago Tribune, Money magazine, Newsweek, and Kiplinger's. A fee-only advisor, Ray does not receive commission from any product or service he recommends.
In Unconventional Success, investment legend David F. Swensen offers incontrovertible evidence that the for-profit mutual-fund industry consistently fails the average investor. From excessive management fees to the frequent "churning" of portfolios, the relentless pursuit of profits by mutual-fund management companies harms individual clients. Perhaps most destructive of all are the hidden schemes that limit investor choice and reduce returns, including "pay-to-play" product-placement fees, stale-price trading scams, soft-dollar kickbacks, and 12b-1 distribution charges.
Even if investors manage to emerge unscathed from an encounter with the profit-seeking mutual-fund industry, individuals face the likelihood of self-inflicted pain. The common practice of selling losers and buying winners (and doing both too often) damages portfolio returns and increases tax liabilities, delivering a one-two punch to investor aspirations.
In short: Nearly insurmountable hurdles confront ordinary investors.
Swensen's solution? A contrarian investment alternative that promotes well-diversified, equity-oriented, "market-mimicking" portfolios that reward investors who exhibit the courage to stay the course. Swensen suggests implementing his nonconformist proposal with investor-friendly, not-for-profit investment companies such as Vanguard and TIAA-CREF. By avoiding actively managed funds and employing client-oriented mutual-fund managers, investors create the preconditions for investment success.
Bottom line? Unconventional Success provides the guidance and financial know-how for improving the personal investor's financial future.
Estate planning sounds difficult—but most people just need a few basic documents. Let Plan Your Estate show you how to protect your loved ones from legal hassles and financial uncertainty after your death.
For more than 20 years, this book has explained estate planning in plain English, including:
bypass (AB) trusts
naming guardians for children
leaving property to children
estate, gift, and inheritance taxes
strategies for business owners
leaving property to charity
health care directives, and
financial powers of attorney. The 13th edition of Plan Your Estate is completely updated to reflect the latest federal and state laws.
Applies in all U.S. states except Louisiana.
Unlike a will, a living trust lets your family bypass probate court—which saves everyone money, delay, and hassle. Whether you are single or part of a couple, Make Your Own Living Trust can help you make a living trust that’s valid in your state. Use this book to:
create an individual or shared living trust evaluate whether you need an estate-tax-saving AB trust name beneficiaries to inherit your assets appoint someone to manage trust property inherited by children keep control over trust property while you live appoint someone to manage trust property if needed, and transfer all types of assets to your trust, including real estate, stocks, jewelry, art, or business assets.
Make Your Own Living Trust includes all the forms you need to create your own trust, plus step-by-step instructions for filling them out. Completely updated and revised, this edition includes the latest tax and legal information, including updated information about the federal estate tax.
The legal forms in this book are not valid in Louisiana.
Ray Lucia's The Buckets of Money Retirement Solution: TheUltimate Guide to Income for Life provides just that—areassuring and scientifically proven strategy that gives investorsboth growth and income.
Lucia, a Certified Financial Planner who's helped thousands ofpeople invest more than $2 billion, explains how to spend down'safe' buckets (containing, for example, Treasuries, CDs, bonds),while leaving a riskier bucket (real estate, stocks and alternativeinvestments) to grow long-term. This strategy shields investorsfrom the short-term ups and downs of the market. And it gives themthe courage and discipline to stay invested no matter what thefuture holds.
Written in a breezy, accessible style and loaded with tons ofexamples and clear, specific calculations, the book explains how toset your financial goals, divvy up your money accordingly, and theninvest intelligently. With this book as your guide, readers willlearn how to achieve both income and growth while at the same timereducing risk. "All in all," Lucia writes, "this plan is akin to asports car that seats six, approximating the best of both worlds.In this case by being a conservative strategy that’s alsogrowth-oriented."
Almost every kind of investment—stocks, bonds,commodities, real estate—plunged in the past year or two,turning off millions of investors who'd been planning for andcounting on a reasonably comfortable retirement. These retirees ornear-retirees need solutions ... something fresher than the old'buy-and-hold' mantra. Yet here's what they hear from thefinancial-services industry: Set up an asset-allocation model, thentake a systematic withdrawal to support your retirement ...remembering, of course, to rebalance the accounts to remain in syncwith the model. Wrong! That maximizes the advisors' fees butdoesn't protect the investors' assets during the tough times.
As more and more of the population reach senior ages—including baby boomers, many of whom do not have wills—an increasing number of people are being thrust into the role of executor, administrator, personal representative of an estate, or trustee of a trust after the death of a loved one. This updated edition of Estate & Trust Administration For Dummiesguides you through the confusing process of administering an estate and/or trust.
Settling an estate and administering a trust can be complicated, messy, and time-consuming for individuals named as executor or trustee, most of whom have no previous experience with such matters. Estate & Trust Administration For Dummies shows you how to make sound decisions for your unique circumstances.Guides you through the confusing process of administering an estate and/or trustProvides expert advice on unfamiliar estate and trust tax lawGives you a practical checklist to follow for all of your estate and trust administration questions and concerns
Whether you're looking for guidance on how to navigate the probate process and estate taxes, settle debts and bequests, fund a trust, comply with tax regulations, or anything in between, this hands-on, friendly guide takes away the mystery and provides detailed answers to all of your estate and trust administration questions.
How to buy your first home, your next home and save on taxes when you sell.
A-Z of Investments:
From annuities to zero-coupon bonds, go from owing money to OWNING money. Get out of debt (and stay that way).
Estate Planning & Long-Term Care:
Learn how to protect yourself and your family.
If this sounds like a revolution in financial planning, you got it. So do The New York Times, The Washington Post, The Wall Street Journal, USA Today, Time, Consumer Reports, and other top publications that have been featuring the authors' economics-based "consumption smoothing" approach to financial planning.
Spend 'Til the End substitutes economic wisdom for the "rules of dumb" that currently pass for financial advice. In the process it indicts the investment and financial-planning industry for giving most people saving and insurance targets that are much too high and then convincing them to invest in risky mutual funds and expensive insurance policies. The result is that most people are scrimping and saving during the years when they could be spending and enjoying their money -- and with no sure payoff.
Easy to read, this book is packed with practical and often shocking advice on whether to work, how to pick a career, which job to take, where to live, what sort of house to buy, how much to save, when to retire, which kind of retirement account to use, whether to have kids, whether to divorce, when to take Social Security, how fast to spend down your assets in retirement, and how to invest.
In a time of great financial uncertainty, this is the book everyone must read. The bottom line: Money is simple-people make it complicated. Now, bestselling personal finance author Jean Chatzky has distilled this simplicity into a smart, immediate, and entertaining set of rules that will change readers' financial lives.
Chatzky removes the stress associated with all things money and says it clearly: Readers who follow these basic yet crucial approaches to spending, saving, investing, increasing their income, and most importantly, protecting what they have, will build the wealth and financial stability they've been dreaming of. Chatzky's advice is reassuring, straightforward, and often counterintuitive, including:
- Date your stocks; don't marry them.
- 'More money' won't always make you 'more happy.'
- To spend less, carry Benjamins, not Jacksons.
- If you can't explain it, don't invest in it.
- 'Free' can be very expensive.
Written in her trademark warm, witty voice, and with a special Dos and Don'ts section, Money Rules is the only book readers really need to achieve true financial health and happiness.
Living Trusts for Everyone is the best resource for setting up a living trust. Explaining in specific terms what benefits a trust will have, Ronald Farrington Sharp gives the tools necessary to set up a loved one’s trust with no lawyers and no expense.
Wills benefit lawyers. Trusts benefit the clients. Too often lawyers sell wills to clients only to sit back and wait to sell their probate services to their clients’ heirs. Ronald Farrington Sharp describes the best way to handle modern estate planning and details the many advantages trusts have over wills in not only eliminating probate but in also protecting your assets for your heirs. Sharp explains why legal services are not needed to do the clerical work in settling a trust after death. This updated edition includes new information on an array of subjects, including:
Elimination of the federal estate tax for most estates due to increased exemption amounts
The use of passwords, usernames, and websites
Keeping trustees honest and the process of removing trustees for malfeasance
Forms for simplifying the planning process
Strategies to lower attorneys’ fees>/li>
With no legal jargon, just step-by-step instructions and sample form letters, Living Trusts for Everyone takes the mystery out of the process of setting up a trust.
Getting your financial life on track and keeping it there -- nothing is more important to your family and you. This proven, comprehensive guidebook steers you around the risks and helps you make smart and profitable decisions at every stage of your life. Are you single, married, or divorced? A parent with a paycheck or a parent at home? Getting your first job or well along in your career? Helping your kids in college or your parents in their older age? Planning for retirement? Already retired and worried about how to make your money last? You'll find ideas to help you build your financial security here.
Jane Bryant Quinn answers more questions more completely than any other personal-finance author on the market today. You'll reach for this book again and again as your life changes and new financial decisions arise. Here are just a few of the important subjects she examines:
• Setting priorities during and after a financial setback, and bouncing back
• Getting the most out of a bank while avoiding fees
• Credit card and debit card secrets that will save you money
• Family matters -- talking money before marriage and mediating claims during divorce
• Cutting the cost of student debt, and finding schools that will offer big "merit" scholarships to your child
• The simplest ways of pulling yourself out of debt
• Why it's so important to jump on the automatic-savings bandwagon
• Buying a house, selling one, or trying to rent your home when buyers aren't around
• Why credit scores are more important than ever, plus tips on keeping yours in the range most attractive to lenders
• Investing made easy -- mutual funds that are tailor-made for your future retirement
• What every investor needs to know about building wealth
• How an "investment policy" helps you make wise decisions in any market
• The essential tax-deferred retirement plans, from 401(k)s to Individual Retirement Accounts -- and how to manage them
• How to invest in real estate at a bargain price (and how to spot something that looks like a bargain but isn't)
• Eleven ways of keeping a steady income while you're retired, even after a stock market crash
• Financial planning -- what it means, how you do it, and where to find good planners
Page by page, Quinn leads you through the pros and cons of every decision, to help you make the choice that will suit you best. This is the single personal-finance book that no family should be without.
Do you know what your retirement account will be worth on the day you plan to tap into it? Do you know what the tax rates will be for the rest of your life? Do you know how long you're going to live? Most people have no clue...and that's the problem with conventional financial planning: It's based on things you can't predict or control. Wall Street lost more than 49% of the typical investor's money – twice – since the year 2000. And studies show that because they followed the conventional wisdom, almost half of all Boomers won't have enough money to cover even basic living expenses during their retirement years. Now the financial gurus whose advice got you into this mess in the first place are telling you to "take more risk," "work till you drop," and "plan on spending less in retirement." Don't let them fool you again!
In The Bank On Yourself Revolution, financial security expert Pamela Yellen details how hundreds of thousands of people of all ages and incomes have bucked the system to secure their families' financial futures without gambling in the Wall Street Casino or taking any unnecessary risks. You'll discover a proven step-by-step plan for growing your wealth safely, predictably, and guaranteed every single year – even when the markets are tumbling. And you'll learn how to bypass banks, credit card and financing companies to become your own source of financing for cars, vacations, a college education, business expenses and other major purchases.
The Bank On Yourself Revolution isn't a "get-rich-quick" scheme; it's about having real wealth and financial security for as long as you live. You can finally know how much money you'll have next year, in 10, 20 or 30 years – and at every point along the way. Join the Revolution and take control of your own financial future!
Use a special needs trust to provide financial security for your child (or anyone) with a disability, without jeopardizing important government benefits. Funds in a special needs trust do not count against eligibility for benefits and can be used to improve the quality of your child’s life.
This book provides everything you need to know about special needs trusts—whether you make one yourself or have an attorney draft one for you. The authors explain:
how special needs trusts work the trustee’s role ways to pass important information to successor trustees the pros and cons of joining a pooled trust, and creating special needs trust with or without a lawyer.
This 7th edition is thoroughly updated and includes new chapters on ABLE accounts and letters of intent.
In Thailand, where the Government's retirement services are designed for people on fixed incomes like Social Security. But can you retire on Social Security alone?
Well, rents here run from $80-$280/mo., eating out 3x day costs $8 - total, and a large bottle of premium beer is $1.70. The warm weather encourages T-shirts and shorts year-round, the people are the friendliest on earth, and the streets are safe, even late at night. In the book you'll learn..
* How to live in comfort and beauty on a fixed income...starting now
* Why your income doubles when you get to Thailand (hint: buying power)
* How much you'll pay for quality for medical and dental care
* How to earn money legally in Thailand the moment you arrive
* How to understand Thai culture and fit in
* How to use the Thai Government retirement services
* How to pay for your entire trip and your accommodation
* How to save 50% on your air fare
Plus Useful Charts, Step-by-step Checklists, Detailed Budgets that fit Social Security incomes, and Helpful Guides to Preparing and Moving to Thailand. And you'll receive up-to-date maps, useful reviews and smart tips to help you get started.
Amazingly comprehensive and extremely helpful. I worked out a detailed budget before I left home. - Krisztina Perematoni, Berkeley, CA, USA.
I wish I'd read 'How to Retire in Thailand' before I started planning my retirement. I would have cashed out much sooner. - Steve Parkes, Goulburn, Australia
Unless your pension's over 40,000 you ought to read this book. It opened our eyes to possibilities we never dreamed of. - Alpin McDowell, Glasgow, UK.
Godfree Roberts earned his doctorate from UMass, Amherst, has lived in five countries and holds citizenship in two. He retired in Thailand for its combination of culture and cost. He founded ThailandRetirementHelpers.com to help others do the same.
Readable, practical, brief: Save years of time and $1000s. Download your copy now.
A Simple Program for Social Security Retirees Wanting Fun, Money, Freedom and a Better Life - by Godfree Roberts, Ed.D.
The rules for claiming Social Security have changed. Find out if you still qualify to “file and suspend” benefits or to choose between your own benefits and spousal benefits before these strategies disappear. Learn this and more with Social Security, Medicare & Government Pensions—completely updated for 2017.
Social Security benefits. Figure out how to get retirement, disability, dependents and survivors benefits, or Supplemental Security Income (SSI). Decide whether it’s best to claim benefits early, at full retirement age, or not until you turn 70—and how to time your claims so you and your spouse get the best benefits.
Medicare & Medicaid. Learn how to qualify for and enroll in both programs, including Medicare Part D drug coverage.
Medigap insurance & Medicare Advantage plans. Understand what new Medigap policies are available (and old ones that aren’t), compare Medigap and Medicare Advantage plans, and choose what’s best for you.
Government pensions & veterans benefits. Discover when and how to claim the benefits you have earned. Whether you’re looking for yourself or helping a parent, you’ll find valuable information here, including how to file many essential forms online.
The Complete Guide to IRAs and IRA Investing will show you how to take control of your investment future and make sure your IRA investments are performing. You will learn about Roth IRAs, traditional IRAs, SEP IRAs, SIMPLE IRAs, and self-directed IRAs, the advantages and disadvantages to each, and how to choose the right plan for you. You will learn about the Economic Growth and Tax Relief Reconciliation Act of 2001, rules regarding distribution, roll overs, transfers, and conversions between accounts, valid adjustments, adjusted gross income, annual contribution limits, potential penalties, and tax-deductible contributions. This book details the myths and truths about IRA investing and IRS guidelines.
In addition, this book will show how to open an IRA, choose the right financial adviser, and how to set up your account with a custodian or IRA administrator to deal with the day-to-day activities, such as depositing contributions and executing and settling transactions. The Complete Guide to IRAs and IRA Investing provides insight and insider secrets to help secure financial victory after your retirement.
Atlantic Publishing is a small, independent publishing company based in Ocala, Florida. Founded over twenty years ago in the company president's garage, Atlantic Publishing has grown to become a renowned resource for non-fiction books. Today, over 450 titles are in print covering subjects such as small business, healthy living, management, finance, careers, and real estate. Atlantic Publishing prides itself on producing award winning, high-quality manuals that give readers up-to-date, pertinent information, real-world examples, and case studies with expert advice. Every book has resources, contact information, and web sites of the products or companies discussed.