Forbes magazine recently reported that in July the Vanguard group sent 170,000 customers a form letter innocuously labeled: “Change in beneficiary policy will help you simplify your planning.” A more candid heading would have been: “Warning! Unless you act, we’re about to change who gets your Individual Retirement Accounts when you die.”
Vanguard has decided that, […]
I came accross an interesting article in today’s New York Times that discusses For Those Born Rich, Lessons in How to Stay That Way
Is money, financial assets or land the bridge to everlasting wealth? When I ask my wealthier clients what is most important to them - how they earn and retain wealth - money […]
Take this true story where a lady named Helen made a 1996 will that left her entire estate to her brother Edward, also naming Edward as the personal representative (executor). In 2001 Helen, who was a Florida resident, became sick and her brother traveled from his home in New Jersey several times to take care […]