assets

The Secret Pitfalls of Living Trusts

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Living trusts are marketed as a way to avoid the hassle and cost of probate, but like most things in life, they aren’t all they are cracked up to be. There is often a more effective method of securing your wealth depending on your situation.

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A Ferrari, Rolex, and The S&P 500 Walk Into a Bank…

This post A Ferrari, Rolex, and The S&P 500 Walk Into a Bank… appeared first on Daily Reckoning.

But if history is any guide, tangible assets DO provide a solid combination of privacy, portability, wealth protection, and appreciation potential.

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Urgent: Your Will May Need Updates

This post Urgent: Your Will May Need Updates appeared first on Daily Reckoning.

Your last will and testament may not be the flashiest topic, but it is important. It’s not fun to consider your eventual departure from this life, but making sure your assets are squared away is a tremendous help to those you leave behind. Unfortunately, your will isn’t a ‘once and done’ project. You should update your will from time to time to reflect significant changes in your life, such as…

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The Last Resort for Healthcare: What You Need to Know

This post The Last Resort for Healthcare: What You Need to Know appeared first on Daily Reckoning.

Many Americans can’t afford such healthcare costs, so they often look to the option of last resort: Medicaid. Programs and qualifications among states can vary. That aside, there are basically two financial criteria that must be met.

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Have You Heard These 10 Must-Know Terms?

This post Have You Heard These 10 Must-Know Terms? appeared first on Daily Reckoning.

You’ll see a lot of financial experts use these terms to sound smart – really they’re just annoying. Here’s my top 10 list of financial jargon terms everyone you should know…

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Ferrari, Rolex, or the S&P 500?

This post Ferrari, Rolex, or the S&P 500? appeared first on Daily Reckoning.

But if history is any guide, tangible assets DO provide a solid combination of privacy, portability, wealth protection, and appreciation potential.

The post Ferrari, Rolex, or the S&P 500? appeared first on Daily Reckoning.

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Is This Cheating the Gov’t, or Is It Justified?

This post Is This Cheating the Gov’t, or Is It Justified? appeared first on Daily Reckoning.

“Nilus, I have to tell you that I have real ethics trouble with some of your recent advice on retirement: Namely, advising people to give away assets so that they can avoid the Medicaid look-back provision for long-term care. Why should I or any other taxpayer have to pay for someone’s care just so they can give their assets to their family?”

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There are Billions to Be Claimed… Is Any of It Yours?

This post There are Billions to Be Claimed… Is Any of It Yours? appeared first on Daily Reckoning.

When a rightful owner cannot be located after a year or longer, funds are turned over to the government. But if you’re willing to do some legwork, you can search for unclaimed assets on your own. And in most cases, the state will return them to you at little or no cost.

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How to Buy Hawaii’s Most Desirable Real Estate for $11

This post How to Buy Hawaii’s Most Desirable Real Estate for $11 appeared first on Daily Reckoning.

Today, Jody Chudley unveils one stock that trades at a 50% discount relative to its assets, which as you’re about to see are some of the most sought-after in the world…

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