Warren Buffett has famously said that you should “leave your children enough to do anything, but not enough to do nothing.” A recent Accenture study showed that the children of baby boomers will inherit almost $30 trillion over the next three decades, leaving more...
Former New York City Mayor Ed Koch died February 1, 2013 leaving an estate with an estimated value of between $10 and $11 million. Since he was a public servant for a good part of his life, he may not be as concerned as most people would be to learn a much larger than...
There is at least a perceived conflict between funding a child’s college education and building their retirement savings nest egg. The conflict usually arises from the lack of financial resources to do both while funding daily living expenses, so parents become stuck...
Most people conduct a lot of our personal business, including banking, online these days, so the need to be savvy when it comes to internet security and protecting personal information online has never been greater. Hackers can scour our online lives – including...
While the fiscal cliff tax deal passed by Congress in January 2013 targeted primarily higher wage earners, Social Security payroll tax went from 4.2% to 6.2%, and every American worker is feeling the effects. According to the Tax Policy Center, the average employee...