A living trust is a way to designate how one wants their assets disbursed after they are deceased. The primary objective of a living trust is to have more control over what happens and to avoid the time and cost of probate court. There are many additional benefits to having a living trust, which we’ve …
Vehicle servicing can be a particularly irritating expense. Problems that could have been anticipated or prevented can be especially burdening. Unexpected car issues and the associated costs can be more than bothersome though, and they can destroy your budget. However, vehicle repairs are often not optional if the owners want the car to continue to …
If you’ve recently been in a car accident, don’t feel too bad. The average citizen will fall victim to such a scenario three to four times in their driving career. But when the inevitable does strike, it leaves many individuals in dire financial circumstances. In fact, studies show with the ever-growing cost of new vehicles, …
Many times individuals receiving long-term disability insurance benefits from a group or individual plan will be required to file for Social Security disability benefits as well. This is because most long-term disability policies allow the insurance company to reduce payments dollar-for-dollar by the amount received from Social Security. What is a Social Security Offset? For …
Earlier this year, the trustees for the combined Social Security and Medicare funds reported that the well is running dry. If nothing changes to fix the problem, Social Security will need to start cutting benefits by 21% in 16 years. Along with Medicare, Social Security might be the nation’s most important social program. According to …
To successfully manage and maintain a small business, just like with a home and family, you have to be disciplined and attentive in managing your cash flow. Even while making healthy investments and spending for long-term planning, it’s essential that your cash flows stay positive and that you always have enough liquidity to handle any …
According to Turnbull and Scott, studies indicate that approximately 85 percent of people prefer to shop in a brick and mortar shop compared to online. This is surprising news, considering the increased popularity of mobile and online shopping. However, retail shops have their work cut out for them. A key factor in obtaining and maintaining …
Social Security Disability Insurance is an important financial safety net for people who are unable to work due to physical or mental disability. Contrary to popular belief, many of those who are receiving these benefits do want to work. However, despite a nationwide downtrend in unemployment, finding jobs for those who are disabled is not …
There are numerous several important legal tasks and matters to keep in mind when running a business, and it is important to consider best practices to properly address them. If these expenses are not approached in a cautious manner, resulting in legal fees and ramifications from not the following policy can be costly. Be aware …
The most recent indication of a healthier economy can be seen in that there are fewer Americans applying for Social Security disability benefits, which could reverse the trend that was threatening the security of the program for decades. The change in the number of applicants is so dramatic that the SSDI agency extended the estimated …