The costs of long-term care can be overwhelming, potentially exhausting retirement income and savings. You may be thinking about buying long-term care insurance (LTCI) to help cover some of the potential costs of long-term care, but LTCI can be expensive, and if you do buy the coverage, you probably hope you never have to use it.
If you die without a will, your property will generally pass according to state law (under the rules for intestate succession). When this happens, the state essentially makes a will for you. State laws specify how your property will pass, typically in certain proportions to various persons related to you. The specifics, however, vary from state to state.
May 15, 2017–U.S. stocks slipped lower Friday, causing the S&P 500 to end the week with its first back-to-back decline in almost a month and snapped a three-week stretch of gains. Investor sentiment edged lower after consumer prices rebounded last month, but rose less than forecast, while retail sales strengthened in April.
May 8, 2017– U.S. stocks climbed to a new all-time high last Friday, topping its prior record from March 1st by three points, as energy producers rallied and oil prices rebounded after a three-week slide. April non-farm payroll data on Friday was encouraging and helped confirm the Federal Reserve’s view that weak growth earlier this year is transitory.
The arrival of spring often signifies a time of renewal, a reminder to dust off the cobwebs and get rid of the dirt and grime that have built up throughout the winter season. And while most spring cleaning projects are likely focused on your home, you could take this time to evaluate and clean up your personal finances as well.