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Kimberly Hegwood
Oct 27, 20162 min read
Saving the Home with Long-Term Health Care Demands
The largest asset most people have is their family home. If a senior is in a situation where his or her long-term care insurance is...
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Kimberly Hegwood
Oct 26, 20163 min read
That First Child Means More than Late Night Feedings and Dirty Diapers
The federal government estimates that it will cost more than $245,000 to rear a child to an adult. That includes costs like housing,...
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Kimberly Hegwood
Oct 25, 20162 min read
Bonehead Mistakes Retirees Need to Avoid
With the excitement of retirement, money can be the last thing you would have on your mind. However, if you have a careless approach to...
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Kimberly Hegwood
Oct 24, 20162 min read
Taking Care of Your Furry Friends When You Die
Pets are part of your family and can give you a lifetime of love and companionship. A recent 12 News Phoenix article, “What if your pet...
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Kimberly Hegwood
Oct 21, 20162 min read
Some Surprising Expenses in Retirement
After working hard and saving your money wisely, you’re ready for a successful retirement. Unfortunately, there can be bumps and hiccups...
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Kimberly Hegwood
Oct 20, 20162 min read
How to Plan For a Kid Who Can’t Handle Finances
Many parents face this issue, says NJ 101.5 in its recent post, “When you don’t trust a child with money.” There are some children,...
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Kimberly Hegwood
Oct 19, 20162 min read
Come On, Do I Really Need a Will?
The answer to that question has always been an unequivocal “yes”—especially when there’s a spouse, children or stepchildren. However,...
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Kimberly Hegwood
Oct 17, 20162 min read
Make a Charitable Donation in Your Will and Watch It Work
The estate planning laws in many states are pretty straightforward for those who want to donate all or part of their estate to charity....
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Kimberly Hegwood
Oct 14, 20162 min read
Proposed Regs Aim to Place Restrictions on Valuation Discount Planning
According to the regulations.gov post “Estate, Gift, and Generation-skipping Transfer Taxes: Restrictions on Liquidation of an Interest,”...
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Kimberly Hegwood
Oct 13, 20163 min read
Children Challenge Pittsburgh Publisher’s Will After Being Left Out
Two times in the past four years, the attorney for the late publisher Richard Mellon Scaife unduly influenced the billionaire to change...
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Kimberly Hegwood
Oct 12, 20162 min read
Secure Intellectual Property Rights for Your Estate
Are you an inventor, an author, artist or the owner of a closely held business? If so, you may have already taken action to secure your...
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Kimberly Hegwood
Oct 11, 20162 min read
Be Smart When You Say “I Do” the Second or Third Time
Can you believe that 37% of second marriages and 74% of third marriages end up in divorce? Those are not good odds. CBS Boston’s recent...
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Kimberly Hegwood
Oct 10, 20163 min read
The Do-It-Yourself Will Can Be a Bargain or a Bust
A majority of Americans (about 66%) don’t have a written will, and for most, it’s something they’ve postponed until later. It’s natural...
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Kimberly Hegwood
Oct 7, 20162 min read
The 411 on the Generation-Skipping Trust
The estate tax impacts just a small number of Americans, but those who are affected have a heavy burden. At the tax rate of 40%, estate...
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Kimberly Hegwood
Oct 6, 20162 min read
Create Your IRA Exit Plan
IRAs, 401(k)s, 403(b)s and other qualified accounts are popular tools for building a retirement nest egg. But after investing and saving...
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Kimberly Hegwood
Oct 4, 20162 min read
Accumulating Income in the Decumulation Phase of Life: Retirement
Retirement is often called the “decumulation” phase, when retirees are steadily spending down their assets. However, many retirees are...
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Kimberly Hegwood
Sep 28, 20163 min read
Changes are Happening All the Time: Keep Your Estate Plan Current
Congratulations! After putting it off for as long as humanly possible, you’ve finally completed and implemented your estate plan. Check...
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Kimberly Hegwood
Sep 27, 20163 min read
Is Whole Life Insurance Right for You?
Term life insurance will cover you for a certain period of time. Alternatively, whole life insurance also includes a savings account...
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Kimberly Hegwood
Sep 26, 20162 min read
Another Young Actor Dies Without a Will
Young adults and the millennial children of older adults are not who you’d think of as needing estate planning advice. These people are...
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Kimberly Hegwood
Sep 23, 20162 min read
Old School Traditional IRA versus New School Roth
Money Magazine says that the generation gap has a new frontier: IRAs. The article, “Why Older Americans Should Get Hip to the Roth IRA,”...
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