Dear Liz: My mother is 74 and her health is starting to deteriorate. She had a last will made up about 15 years ago when my stepdad left her. I found out that she named me executor and gave me power of attorney for healthcare decisions. After the last year, when she became very contentious […]
Recent Blog Posts
Q&A: Your gift won’t get you a medical deduction
Dear Liz: A couple I’ve known for years recently adopted 2-year-old twins. Both will need considerable medical care, as they were born to a drug-addicted mother. In sending out announcements, my friends suggested sending funds for the twins’ medical needs, rather than toys. I took note and sent a check earmarked for their healthcare. My […]
Q&A: How to help a hoarder parent
Dear Liz: Can you address parents who never throw anything away? It can be a burden to their children when parents leave behind massive amounts of collected, hoarded items, broken cars, old furniture, memorabilia, clothing unworn for decades, etc. This can be troublesome in terms of time off from work to clear an estate and […]
Friday’s need-to-know money news
Today’s top story: Credit card late fees are expected to rise in 2017. Also in the news: 10 New Year’s resolutions for your wallet, will Millennials be ready for retirement, and 3 signs you should switch banks. Look for Credit Card Late Fees to Rise in 2017 More incentive to pay on time. Sean Talks […]
Thursday’s need-to-know money news
Today’s top story: 9 facts about FHA loans. Also in the news: What we learned about the stock market in 2016, 3 student loan resolutions to make in the new year, and why many seniors are having their Social Security cut by student loans. 9 Facts About FHA Loans What you need to know. 5 […]
Wednesday’s need-to-know money news
Today’s top story: 4 steps to managing your parents’ bank accounts. Also in the news: How banks boost overdrafts by counting big debits first, how to determine whether to pay down debt or save for retirement, and mistakes to avoid when choosing a financial advisor. 4 Steps to Managing Your Parents’ Bank Accounts Taking the […]