Category Archives: FAMILY and FINANCES

How to Buy Life Insurance for a Child

“The sooner you save, the faster your money can grow…” -Forbes.com, “The Five Most Important Money Lessons to Teach Your Kids“ Are you considering buying life insurance for an heir?In last week’s post, “Life Insurance for Children and Grandchildren – … Continue reading

Posted in CASH VALUE INSURANCE, FAMILY and FINANCES, INSURANCE ADVICE, WHOLE LIFE INSURANCE | Tagged , , , | 5 Comments

Life Insurance for Children and Grandchildren? The Surprising Benefits

“If you want to start an argument, ask a group of financial advisers what they think about buying life insurance for children.” – Bankrate.com Should you get life insurance for a child? Don’t people only “need” life insurance if they … Continue reading

Posted in CASH VALUE INSURANCE, FAMILY and FINANCES, INSURANCE ADVICE, WHOLE LIFE INSURANCE, WILLS and ESTATE PLANNING | Tagged , , , | 7 Comments

Are You Leaving Your Loved Ones in the Dark? (The Truth about being Ready for an Emergency)

“Happiness is having a large, loving, caring, close-knit family in another city.” - George Burns A lot of time and attention has gone into emergency preparedness in recent years. Many Americans have emergency plans in case of an earthquake or a flood. “Doomsday … Continue reading

Posted in FAMILY and FINANCES, ORGANIZING YOUR FINANCES, PERSONAL FINANCES, WILLS and ESTATE PLANNING | Tagged , | 2 Comments

How Much Life Insurance Do You Need? Get More Insurance for Less by Combining Policies

“A life insurance agent said to a would-be client: “Don’t let me frighten you into a hasty decision. Sleep on it tonight. If you wake in the morning, give me a call then and let me know.” – anonymous How … Continue reading

Posted in FAMILY and FINANCES, INSURANCE ADVICE, PERSONAL FINANCES | Tagged , , , , | 3 Comments

Reverse Mortgage Risks and Rewards: Should You Bank on Your Home?

“Home Equity Conversion Mortgages (HECM), or reverse mortgages, which are designed, administered and insured by the Federal Housing Administration (FHA), are one of the best engineered financial tools of our generation.” -Jack Guttentag, Wharton Professor and nationally syndicated mortgage columnist … Continue reading

Posted in ECONOMIC TRENDS, FAMILY and FINANCES, MORTGAGES, REAL ESTATE | Tagged , , , , , , | 1 Comment

Leaving a Legacy of More than Money

“A very rich person should leave his kids enough to do anything, but not enough to do nothing.” -Warren Buffet, as quoted in a September 29, 1986 interview with Fortune. An inheritance can be an enormous blessing, and yet, for … Continue reading

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Extended Family Issue: Special Needs Planning

Extended Family Issue: Special Needs Planning Raising a family is challenging under any circumstances, but for parents with special needs children the stakes are dramatically higher because the parenting responsibilities may last the child’s entire life. This reality can be … Continue reading

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