Has an accident, disorder, or injury harmed or dissolved your ability to work? Dealing with such problems takes a mental and emotional toll, not to mention its impact on your personal finances.
No matter how long you’ve been married, you and your spouse shared many assets, from your home to your cars to your bank accounts. Now that you’re going through a divorce, you’re not sure how your finances will work: what assets will you lose?
Many of us live paycheck-to-paycheck in these uncertain times. It can be hard to save up money when you’re trying to pay rent or buy groceries.
Retirement is a time when an individual stops employment completely. However, semi-retirement (reducing work hours) is still an option.
Before a fall sealed the deal, my husband had been trying to get his dad to move into assisted living for a couple of years. Though my father-in-law’s mind was strong, his mobility had really started to decline. Then, he suffered a serious fall, and we knew we couldn’t wait any longer to help him make the move.
The amazing thing about saving money is that it also often has unexpected pay-offs in other parts of your life. You can get out of debt or create a handsome nest-egg while improving the quality of your life.
Enacted last 2010, the Foreign Account Tax Compliance Act (FATCA) is a federal law that requires reporting on and by US citizens living abroad of their foreign accounts and income.