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The Importance of Legacy Planning for Women

The Importance of Legacy Planning for Women

You know I believe legacy planning is important for every adult who has any assets (and I don’t mean only money). You probably have personal property. You probably have memories of how life was when you were a child or life situations that should be shared. You could get ill or incapacitated and will need someone to make decisions for you. And, yes, no matter what – you will die. These reasons apply to just about everyone – male or female. But there are actually some specific reasons women should be part of planning decisions or, if they are single, should have their own plans:
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Five Mistakes Made by the Ultra-Wealthy to Avoid

Five Mistakes Made by the Ultra-Wealthy to Avoid

We generally assume that someone who has a lot of money must be really smart about money. Maybe. But according to “Rich Habits” author Tom Corley, who spent five years studying the habits of rich people, they don’t always know better. Here are five of the mistakes he and other wealth managers found that rich people make. Some may sound familiar to you. Some may be surprising.
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Efficiency and Effectiveness

Efficiency and Effectiveness

When defining productivity, two words come to mind: efficiency and effectiveness. They seem synonymous or perhaps sequential — that the former might lead to the latter — when in reality, they’re two sides of the same coin. Efficiency relates to the speed with which a task is accomplished and effectiveness describes the success of that end product. In order to be truly productive, you need a balance.
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The Convenience of Secure Digital Storage

The Convenience of Secure Digital Storage

An acquaintance of mine recently moved and it started me thinking about all the difficulties and stresses that go with moving, even when you’re excited and looking forward to your new home. Now, you may have heard, as I had, that moving was supposed to be one of the most stressful situations a person could experience, right up there with divorce or a death in the family. Unfortunately, there really wasn’t any evidence to support that legend. Most of the studies didn’t specifically look at the stress of moving; most studied the very different situation of migration. That is until recently.
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Legacy Planning in an Election Year

Legacy Planning in an Election Year

Election year is officially under way and with it comes the slew of campaign ads, increasingly tense debates – both on television and on Facebook – and the knowledge that before year’s end, all of us will have to cast our votes. Regardless of your positions on the issues at hand, one thing is certain and that’s change.
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