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A Legacy Plan for Your Pets

A Legacy Plan for Your Pets

Since our pets have shorter life spans, we don’t typically think about outliving them. But it does happen. It is estimated that between five and seven million companion animals end up in animal shelters due to the death of their owners. For some pets, they are lucky to be surrendered to a no-kill shelter and will live out the rest of their lives with good care. Unfortunately, another nearly three to four million of them end up being euthanized (60 percent of dogs; 70 percent of cats) when new homes can’t be found.
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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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Money and Marriage

Money and Marriage

Why do so many couples have trouble talking about money? In a survey by the National Foundation for Credit Counseling, 68 percent of the people responding held negative views toward having a discussion about money with a fiancé. Five percent of them even felt that it might lead to cancelling the wedding.
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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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