I had a conversation with some friends. They were discussing something I had never considered. To put it simply, they did not borrow money. I did not believe this was possible. After all, we were never able to save money and I knew what our bills looked like.
The rising cost of health care in the United States has become one of the primary risks to a financially secure retirement. With health care costs expected to continue increasing faster than inflation, the time to plan for your future health care needs is now—before you retire. Here’s what you need to know.
Fewer than one in three Americans have a living will detailing whether they want life-sustaining medical care if they are unable to communicate their medical treatment preferences. This means you could potentially be leaving legal problems for your family if they are unable to communicate your health-care wishes.
A very simple yet often overlooked strategy could have helped avoid the unfortunate end to the previously happy story. A buy/sell agreement is a legally binding clause in a partnership agreement that controls what happens to a small business if one of the partners dies or otherwise needs to leave the partnership.
Both of these students, are recipients of $7,500 scholarships from the LIFE Lessons Scholarship Program, which helps college-bound students who are experiencing financial difficulties due to a parent dying and leaving little or no life insurance. You can help them along by voting for who should receive the $15,000 Video Scholarship.