The common misconception is that the millennial generation is bad with money. However, studies show they are most likely to be super-savers. Most work hard, ask for raises, contribute over 15 percent of earned income to 401(k) plans, and learn as much as possible...
Talking about money among family members is often considered taboo. Many believe it to be an uncomfortable topic. Studies show that families who are not discussing finances could make severe financial mistakes when planning for long-term care. In Texas and other...
An estate includes everything a person owns, including assets and outstanding liabilities at the time of death. Once all debts are fulfilled, what is left is known as net assets. In Texas, most people put off talking about estate planning, but by not having a plan in...
Nursing homes can cost as much as $100,000 per year, and Medicare covers none of it. Without additional insurance to absorb the cost, retirement accounts will be drained quickly if seniors need in-home or nursing home health services. In Texas, it may be wise to...
