Receiving money from family is a great gift, but can feel like a burden. What should you do with inheritance money? How will your financial plan change? What are inheritance taxes? Gain a more informed mindset for putting an inheritance to good use.
What Happens To An Account When A Customer Passes Away
We explain the process for claiming ownership of an account after the owner has passed away.
Answers to Financial Questions with Alex Benke, CFP®
After receiving so many questions from "Better Off" listeners, we decided to devote an episode to answering a few. Alex Benke, CFP®, joined me to tackle a variety of issues, from planning for retirement to paying off student loans.
What Olympics Prize Money Can Teach Us About Investing
Though Olympics prize money amounts haven’t changed in over a decade, if invested today those winnings could still earn solid returns well past an athlete’s competitive years.
You Received an Inheritance, Now What?
Research shows the average inheritance is spent within five years. Here are six steps to invest smartly and avoid the most typical inheritance pitfalls.
Don’t Wait to Have This Conversation with Your Parents
Help your parents consolidate—and automate—their accounts in order to save time and money.
How to Invest a Windfall and Earn a ‘Happiness Annuity’
Turn a one-time windfall, gift, or bonus into steady income.