by John C. Martin | Feb 7, 2014 | Estate Planning for Families
In Part One of this series on wasting money, we looked at housing, interest and transportation—areas in which you or your loved ones may be wasting larger amounts of money. In Part Two, we will look at how money can be wasted in everyday areas of life—specifically...
by John C. Martin | Feb 4, 2014 | Estate Planning for Families
Most of us are guilty of wasting money in one way or another. Often we are so busy that we pay too much for convenience, and we don’t comparison shop or look for bargains. Sometimes we waste money because we just stay in the same routines—shopping at the same stores,...
by John C. Martin | Jan 29, 2014 | Estate Planning for Families
Americans are very generous when it comes to charitable giving. In addition, lower earners give more proportionately than higher earners. Perhaps this is because lower earners understand how easily a family can slip into financial crisis through the loss of a job or...
by John C. Martin | Jan 6, 2014 | Estate Plan Maintenance, Estate Planning for Families, Tax Planning
The first part of planning for long-term care is realizing that, a) most of us will need this kind of care for at least some time before we die and b) the cost of this care can be financially devastating for a family if it is not planned for in advance. This was...
by John C. Martin | Dec 30, 2013 | Estate Plan Maintenance, Estate Planning for Families, Tax Planning
Health care has been the topic of discussion lately, but the greatest threat to your financial health is long-term care. This is the kind of care you need if you are not able to perform normal daily activities (such as eating, dressing, bathing and toileting) without...
by John C. Martin | Dec 23, 2013 | Estate Plan Maintenance, Estate Planning for Families, Tax Planning
Paying insurance premiums to protect against potential losses frees us mentally to enjoy driving a car, leave our house empty while on vacation and receive medical treatment for an injury or illness. In the same way, the use of trusts acts like insurance and can shift...