Category:
Family

Mistakes In Deeding Property To Children

By George Morris | November 3, 2015

Lots of readers had follow-up questions on a column in which experts said it may not be a good idea to add the names of your children (adult or underage)…

Seniors Giving Money To Adult Children: What’s Wrong With This Picture?

By George Morris | November 3, 2015

For years, I’ve been telling my kids they better take care of me in my old age. “Mommy, can we go to McDonald’s?” one of them might ask. “Do you…

How Debt Is Split in Divorce: Credit Card, Mortgage, Auto & Medical

By Joey Johnston | November 3, 2015

Splitting assets is a priority for married couples, but what happens with debt during a divorce is just as important, with financial implications that last for years. Every divorcing couple…

Will and Estate Planning

By Maureen Milliken | November 3, 2015

Sorting out how assets will be distributed after someone’s death is a chore many people put off, often until it’s too late. No matter what your financial circumstances, determining what…

How to Pick a Health Plan

By George Morris | November 3, 2015

This open-enrollment season, many employees will have to decipher a confusing alphabet soup of options. Do you stick with an HMO, a PPO or a POS? Or should you switch…

How to Stop Enabling Financially Irresponsible Family Members

By Joey Johnston | November 3, 2015

Dealing with the Financially Irresponsible Giving financial help to a family member – especially if it’s yet another cash payment earmarked for an adult child – may seem like something…

How To Teach Kids The Value Of A Dollar

By George Morris | October 29, 2015

Managing money and making sound financial decisions has never been more challenging. At the very core, however, are the unchanged basics of planning carefully, spending wisely and saving regularly. These…

Family

By George Morris | October 29, 2015

Financial Resources for Families Raising a family on a budget can be challenging, especially during life transitions like divorce, job changes, or deciding to stay at home with your children.…

How Adding Adult Child to Your Home Title Can Cause Problems

By George Morris | August 5, 2015

Putting your child on the deed may feel like smart planning, but it can lead to unexpected financial and legal headaches. Many parents are simply looking for a straightforward way…

How Spousal Social Security Benefits Work

By George Morris | August 5, 2015

Dear Liz: My wife has never worked outside the home and therefore has no Social Security credits. My understanding is that as a nonworking spouse, she is entitled to 50%…