Getty In last week’s article, we went over the wealth transfer from generation-to-generation and how proper estate planning can be crucial. That is why the generation of people with ages in the range of 70 to 90 is prime for taking advantage of proper estate planning techniques. Many of them were the first in their families
Month: May 2020
TOPLINE The market fell sharply for most of Friday as investors braced for President Trump’s announcement regarding China, but despite new sanctions and penalties, stocks turned positive after the phase one trade deal was kept intact. Trump will make an announcement regarding U.S.-China relations on Friday. Doug Mills-Pool/Getty Images KEY FACTS The Dow Jones Industrial
The housing market in Austin, Texas, is quickly rebounding from the effects of the coronavirus. Getty As mortgage applications, price appreciation and slowly growing new listings indicate that the national real estate industry is finally mending from the coronavirus, some housing markets are charting faster and stronger recoveries than others. The reasons why some cities
U.S. President Donald Trump speaks to reporters after he received a 2020 hurricane season briefing during the coronavirus disease (COVID-19) outbreak in Washington, May 28, 2020. Jonathan Ernst | Reuters President Donald Trump announced Friday that the United States will cut ties with the World Health Organization. “China has total control over the World Health
View of New York Stock Exchange, Wall Street on March 23, 2020 in New York City. Angela Weiss | AFP | Getty Images This is a live blog. Please check back for updates. 7:23 am: Stock futures fall as Trump news conference looms Stock futures fell slightly on Friday morning as traders awaited a news
On Wednesday, Stanford University president Marc Tessier-Lavigne announced in a letter to the Stanford community that the school was facing financial challenges related to the coronavirus pandemic and that some reduction in the school’s workforce would likely be “unavoidable.” “We don’t yet know the scale of job reductions. We hope they will be limited, but
Signage is displayed outside Morgan Stanley & Co. headquarters in the Times Square neighborhood of New York. Michael Nagle | Bloomberg | Getty Images Morgan Stanley is planning to kick off the return of trading personnel to its New York headquarters in mid to late June, according to people with knowledge of the situation. The
Martin Seay, president of the Financial Planning Association and chair of the Personal Financial Planning Program at Kansas State University. Financial Planning Association The coronavirus pandemic has forced businesses of all kinds to rethink how they work and interact with customers. Financial planning is no different. Martin Seay, president of the Financial Planning Association, perhaps
NoDerog | iStock | Getty Images Millions of Americans have received their economic stimulus payments of up to $1,200 a person. But some are taking a look at those sums and wondering what happened. Some are finding that those checks are made out for less than they were expecting. Others may find that they receive
Kevin O’Leary told CNBC on Friday the coronavirus crisis has shown that remote working is good for employees and a business’s bottom line. “Productivity is significantly higher when you give people what they want,” the “Shark Tank” investor said on “Squawk Box.” ”Maybe they’re taking care of an aged parent, maybe they’re raising kids, maybe they don’t want to
By Kerri Fivecoat-Campbell, Next Avenue Contributor Getty Whether you had to cancel a vacation due to the coronavirus pandemic or are itching to plan one, you’re probably buzzing with travel questions. So, Next Avenue spoke to a few experts for their best advice. After months of quarantine living, some people lately have begun leaving home
TOPLINE In an increasingly confrontational approach to China, President Trump announced new targeted sanctions against Chinese officials on Friday, while also directing his administration to remove special exemptions for Hong Kong. “We will take action to revoke Hong Kong’s preferential treatment,” Trump said. Doug Mills-Pool/Getty Images KEY FACTS Trump announced that he would impose new
This design by Alchemy architects is their lighthouse 310SF – 14 X22 Sq Ft. Rendering courtesy of Alchemy Architects Alchemy Architects has teamed up with Plant Prefab to build a good variety of Accessory Dwelling Units (ADUs) called lighthouse LivingHomes in CA. With a large shortage of housing in this area, these units will provide
A customer at a bank in Mogadishu, Somalia on June 7, 2015. Abdulfitah Hashi Nor | AFP | Getty Images The coronavirus pandemic is leaving migrant workers unable to send money or goods home to families, cutting off a vital lifeline for communities already under siege from a barrage of external shocks. Remittance flows to
Box forecast annual revenue above analysts’ estimates and beat targets for quarterly sales on Wednesday, as demand rises for its online collaboration tools due to the global shift to work from home caused by the Covid-19 pandemic. Box is the latest to signal the lift from firms increasingly using video conferencing and other remote work
A Chinese and U.S. flag at a booth during the first China International Import Expo in Shanghai, November 6, 2018. Johannes Eisele | AFP | Getty Images Stock futures slipped on Thursday night as traders braced for an upcoming news conference on U.S.-China relations from President Donald Trump. Dow Jones Industrial Average futures dipped 52 points,
Alex Sanchez, 25, has aspirations to be a millionaire by 30. And he’s on track: Sanchez earns more than $200,000 a year from his full-time job as an overhead lineman. However, he sees real estate as his path to wealth. Currently, he owns five rental properties around Chicago and rents them out to five families.
Never has the money sitting in your 401(k) retirement savings plan looked so enticing. Thanks to the CARES Act stimulus package Congress passed in March, if you’ve been negatively impacted by the coronavirus pandemic, you can pull up to $100,000 from your retirement account through the end of the year, without being dinged the usual 10% early withdrawal
By David Jarmul, Next Avenue Contributor Kate Szerszen watches Alan Teasley’s online OLLI class about Stephen Sondheim Dennis Szerszen “Folks, this is a big experiment,” Alan Teasley laughed, as he began his online adult education class about Stephen Sondheim with a song from West Side Story, using the Zoom videoconferencing technology. During the next hour,
A new report finds that small businesses in the South are growing sharply. But other economic data still show stagnation across the board. KISSIMMEE, FLORIDA, UNITED STATES – 2020/05/23: People enjoy a raft ride at Island H2O Live! water … [+] park as the attraction becomes the only major water park in the Orlando area to
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