Archive for February, 2010

Love and Money: Is a Postnuptial Agreement Right for You and Your Spouse?

Sunday, February 28th, 2010

Valentine’s Day might not be the best time to focus on money, but some married couples are taking the unusual step of re-setting the clock on money issues both good and bad with a legal document called a postnuptial agreement. A postnuptial agreement is a contract between spouses. It is similar ...

Helping Older Relatives Articulate Their Long-Term Care Wishes

Sunday, February 28th, 2010

In the best of all situations, helping an older relative or a parent plan for long-term care and other end-of-life issues happens when they’re healthy and various options can be considered with adequate time to do so. Unfortunately, events can sometimes intervene and make an elder’s need for assistance an ...

Should You Be a Borrower or Lender? The Return of the Personal Loan

Sunday, February 28th, 2010

As lending requirements stay relatively tight for most consumers, the chance of borrowing outside the banking system from family or friends can be attractive. After all, it’s rare to see a parent or sibling demand a credit check or other lengthy documentation. On the other hand, it could be one ...

Downsizing Isn’t All About Stuff: It Can Be a Smart Financial Move, Too

Sunday, February 28th, 2010

As people move into their 50s and 60s, priorities change. The hours spent on home improvements and the sheer time necessary to maintain a full-sized home seem to be a little more of a burden. As kids move on, there’s all that unneeded space. Men and women tend to turn ...