Advice
Reconsidering Living Wills
A good estate plan includes a lot more than will. Among the documents to be included are those about medical care. The traditional document is a living will but I’ve downplayed the importance of living wills for years since a better document is the medical care proxy or power of attorney. There are a number […]
Guide to Wills: The Definitive Guide to Your Last Will and Testament
Guide to Wills: The Definitive Guide to Your Last Will and Testament addresses one of the most important documents for guarding wealth, providing for loved ones, and achieving other goals. Regardless of the size of an estate, the will is a critical part of an estate plan. It guides the distribution of assets […]
The Power of Framing
Dear Reader: Would you rather spend $3 a day for something or $1,095 a year? Which makes you more likely to pay for something by a certain date: a 20% discount for early payment or a 20% penalty for paying later? The answer to both these questions is supposed to be that it doesn’t matter. […]
The Scope of Retirement Success
Some years ago, I was a speaker at a conference in the Cayman Islands. Most of the speakers dressed casually and enjoyed the local attractions when we weren’t making presentations. One afternoon, I ran into one of the other speakers in the hotel lobby. He was dressed in a suit and tie. While wiping away […]
