Yearly Archives: 2009

Buying Life Insurance on a Child Part Two

I received an interesting e-mail in response ot my post about buying life insurance on a child.  In that post, my basic contention was that if someone isn’t able to work because of a loss of child, why wouldn’t they insure the child’s life so that one can grieve without the worry of working?  The e-mailerContinue Reading

Buying Life Insurance on a Child’s Life

Warning this post might be considered too morbid for some people. I had an interesting conversation the other week with one of the financial planners in my office that got me thinking.  There was a client who was in the midst of buying life insurance on a young child (about 5 years old), I hadContinue Reading

Obama Wants your Tax Opinion! Are you Freaking Serious?

This is not a Personal Finance or Estate Planning post, but rather is part of “Are you Freaking Serious Fridays” where I take the last day of the week just simply to bitch and complain about whatever topic I feel is necessary to complain about. From the White House Website: President Obama has asked theContinue Reading

Finding Help when Applying for Unemployment Benefits

Finding Help With Unemployment Benefits With unemployment at a 16-year-high in 2009, questions about unemployment benefits are on the minds of many Americans. Luckily, there are places to turn for help, including LawHelp and other online resources. Unemployment insurance is a benefit provided by the state for workers who meet certain eligibility requirements and whoContinue Reading

Forget the Federal Estate Tax, You May Need to Worry About State Estate Taxes!

Almost every single day, I have to explain the Federal Estate Tax. The people I have to explain the federal estate tax to are not tax professionals, they are either financial advisors, other attorneys, or successful business owners. So, needless to say, I better explain estate taxes from 30,000 feet above. The details do notContinue Reading

The Horror of Just Paying Monthly Minimum Payment to Credit Cards

I think a lot of the people’s consumer debt stems from charging a large ticket item into “manageable” monthly minimum payments.  However, the problem that often arises is that a person only pays back the minimum. If we take a credit card bill of $5,000 with an interest rate of 15% and the minimum payments atContinue Reading