Dear Liz: Please tell us about some estate planning tools that many might be able to use for themselves without incurring attorney fees and probate costs, such as naming payment-on-death beneficiaries at financial institutions and using real estate deeds with transfer-on-death provisions. Answer: There are a number of ways that people can avoid probate, which […]
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Q&A: How Social Security child benefits work
Dear Liz: I am drawing Social Security and my daughter just turned 18. Will she lose her Social Security and can I claim my wife in her place? Answer: Child benefits, which is what your daughter receives, are designed to help the dependent minor children of Social Security recipients who are retired, disabled or deceased. […]
Friday’s need-to-know money news
Today’s top story: 7 ways small-business owners can save on taxes in 2022. Also in the news: Check your DMs for debt collectors and scams, coupling your finances for Valentine’s Day, and how one couple reconciled their relationship with money. 7 Ways Small-Business Owners Can Save on Taxes in 2022 Seven things entrepreneurs and independent […]
Thursday’s need-to-know money news
Today’s top story: How to get what you want at your next job. Also in the news: Some travelers could benefit from a Spirit-Frontier merger, the most romantic money moves you can make, and how to lock in Amazon Prime at the old rate. How to Get What You Want at Your Next Job Tips […]
Wednesday’s need-to-know money news
Today’s top story: Should you get travel insurance for your spring break trip? Also in the news: Credit cards charge ahead with rewards for driving electric, what you need to know about multicurrency accounts, and 4 ways to save on bachelor and bachelorette parties. Should You Get Travel Insurance for Your Spring Break Trip? Check […]
Tuesday’s need-to-know money news
Today’s top story: IRS scraps plan to use ID.me selfies for account verification. Also in the news: How to approach taxes if you traded cryptocurrency in 2021, only 23% of investors align their investments to their values, and how to choose the right cryptocurrency wallet. IRS Scraps Plan to Use ID.me Selfies for Account Verification […]