Lifestyle and Budget

Want to provide for your child? Here's how to place your IRA in a trust for peace of mind.

We all know to include health-care and living costs in our retirement plans, but we should also be including financial assistance to family members since more of us are writing large checks to family members that could impact our ability to retire.

Concern for your daughter's financial well-being is one thing. Can you help fund her IRA?

Dave Says: It's hard to turn your back on financially-strapped family members, but that doesn't mean you should turn a blind eye to their habits. And how do you know when it's time to convert to a Roth IRA?

In the last decades of Huguette's Clark’s life, much of her $300 million fortune was spent. Was she a victim of fraud ... or something else?

A person receives annuity payments "for life." What if they keep coming after death?

Should you inform your adult children of your reverse mortgage? If so, how and when?

Surviving family members have a tough time handling an estate when heirs are fighting.

Dave Says: Human beings have a 100% mortality rate, which is why everyone should have a will. And when it comes to filing bankruptcy, what's the difference between Chapter and Chapter 13. 

Your parents left behind an investment you didn't know about. Here's what to do next.

Worried your heirs won't effectively manage the money you leave them? The time to prepare them is now.

Sometimes trust funds get a bad rap for only being for the wealthy. But they can be an incredibly useful—even vital—tool for middle class families, as well.

Having a joint account with an elderly parent can have serious consequences, including being liable for debts, lawsuits and collection efforts

Dementia or any other form of a cognitive impairment can impede investors’ ability to make financial decisions, and can have a disastrous effect on their investments if left unchecked.

When aging parents are no longer capable of staying up to date on their finances, it's time for adult children to step in. And while it might not be the most comfortable topic to approach, not doing it can have dire financial consequences. 

You can save a bundle on estate taxes and still have a trust that meets your shifting goals.

Celebrities make the same mistakes as regular folks, except on an extravagant scale.

As major U.S. stock exchanges are experiencing significant losses thus for in 2016, Fidelity Investments reports that 55% of Americans don’t have enough money saved to cover their basic needs in retirement. 

A Qualified Domestic Relations Order is an order that needs to be included in a divorce settlement agreement to provide former spouses their share of Erisa-qualified retirement assets.

No matter where you are in life, it’s smart to stash cash for your future.