Contemplating your own death may not be on the list of things you’re eager to do. Yet for your family or other loved ones who would find themselves trying to sort out your affairs while also dealing with the emotional fallout from losing you, you having a so-called estate plan is important, experts say. And this is the case whether you are wealthy or not. More>>
Category Archives: Consumer-Friendly
So, What Happens to Your Life Insurance After You Die?
Getting life insurance is a no-brainer, as it can provide your family and loved ones with crucial financial protection if you pass away. But how exactly does it work? And by that, we mean how does it “kick in” and provide the benefits once you die? Let’s explore this question and more. Learn more
How to Regain Your Financial Footing When Life Gives You Lemons
Despite the best-laid plans, life has a way of throwing curveballs. When it does, money complications tend to follow. Curveballs like divorce and death can be especially hard to handle, and adding financial uncertainty increases stress further still. While you can’t prepare for everything, we spoke with Andrea Hohler, a financial professional, and Reshelle Smith, a certified financial planner and transition money professional, for advice on making those curveballs more manageable. More>>
9 tips for creating a home that is safe for aging in place
It’s never too early to start thinking about how your home can adapt to meet your changing needs over time, as well as what modifications might be required to make it safer, easier to use, and more accessible, says Melissa Birdsong, an interior designer and the board chairwoman of Raleigh Village East, a nonprofit organization focused on helping people age in place.
“Plan it, do it, and enjoy the benefits of a home that is easier to use now,” says Birdsong, 73. “And remember that you can make these changes and still maintain the style of your home. A safe home will increase its value and be more comfortable and more accessible for you, for other seniors who visit you, and for family members of all ages.” More>>
Tips For Overcoming Barriers to Wealth-Building, According to Black Female Financial Advisors
Black women often face obstacles in finding financial advisors and accessing wealth-building tools. Three wealth advisors share tips for pushing past the challenges. More>>
Protect the ones you love with a family life insurance policy
Often the best way to show your love is by protecting the future of those you care for most. Life insurance isn’t romantic, but it provides a way to secure your family’s future if you’re not around. More>>
Why Buy Life Insurance? Let Us Count the Ways
British poet Elizabeth Barrett Browning penned the immortal line: “How do I love thee, let me count the ways.” There are many reasons to own life insurance and when you start to count the ways, the reasons all show love of family in many ways. More>>
Life Insurance: For Anyone Who Loves
Do you love someone? If the answer is clear, then so is the answer to whether you need life insurance. More>>
Why Insurance May Help You Feel Better
Just imagining a scenario where you can’t pay your bills is stressful. Now imagine how stressful it would be if you really couldn’t pay a bill. One’s mental health could be put to the test.
Dealing with an emergency is likely to raise anyone’s blood pressure. Oftentimes, it comes with a high price. Many Americans feel unprepared to pay for one — whether the emergency is related to their health or home. A recent Bankrate survey reports that 58 percent of adults are concerned about how much money they have saved for these unexpected expenses.1
These concerns can lead to real stress. Having insurance may positively impact your mental health. More>>
Life Insurance 101
Not sure if you need life insurance? Here’s a quick overview of what it can do for you. Video>>