How will you be remembered? Your loved ones will certainly remember and cherish your love, kindness, and generosity, but will they also face a disorganized mess when they get to the point of settling your affairs?
No one wants to think about dying, but if you envision the challenges your family will face when you are gone, it may inspire some long overdue organizing of information, financial assets, and possessions.
What is the “fiscal cliff”? It’s the term being used by many to describe the unique combination of tax increases and spending cuts scheduled to go into effect on January 1, 2013. The ominous term reflects the belief by some that, taken together, higher taxes and decreased spending at the levels prescribed have the potential to derail the economy. Whether we do indeed step off the cliff at the end of the year, and what exactly that will mean for the economy, depends on several factors.