Sixty-seven-year-old retired teacher Richard—a Canadian citizen—moved to Puerto Vallarta, Mexico almost a decade ago to enjoy resort-style living. We sat down with Jackie, one of Richard’s two adult daughters, who explained how her father’s medical emergency in Mexico turned into a nightmare for their entire family. Jackie said, “At one point, I was so helpless,…
It can be hard to get motivated about your estate planning; it sounds about as fun as getting a root canal. However, you also probably want to make sure that your loved ones are protected and receive your hard-earned money and property – regardless of whether you have $10 million or $10,000. Do not let…
For decades, common financial planning wisdom has encouraged almost all American workers to maximize their contributions to qualified retirement accounts. Indeed, doing so can be a powerful way to reduce your current income tax liability, grow your savings exponentially tax-free, and, in most states, protect your savings from claims of creditors. And by and large,…
You just found out that your favorite aunt, Aunt Melba, has died. In the midst of your grief and sadness, you receive a notice from the attorney handling Aunt Melba’s affairs stating that you are a beneficiary. Your best friend advises you to get an attorney. What should you do? Will Aunt Melba’s attorney help…
