It’s the stuff movies are made about—the ongoing plight of Britney Spears and how she lost control of her finances, her business affairs, and most aspects of her personal life.
How did it happen? It began in 2007 after the birth of her two sons and her divorce from Kevin...
Medicare is a veritable alphabet soup of choices. There’s Part A, Part B, Part C, Part D, and when you get into Medicare Supplements, there are 10 options—A, B, C, D, F, G, K, L, M, and N. Make the wrong choices and you could be hit with lifetime...
Today we hear the word fiduciary tossed around as some concept that means the same thing by everyone who utters it. Nothing could be further from the truth. A fiduciary, according to Investopedia is:
… a person or organization that acts on behalf of another… putting their clients' interest ahead...
In 1983, the United States changed the rules of engagement when it unveiled the first Stealth Aircraft—the F-117 Nighthawk. The goal was to make a plane that was undetectable to the enemy. The new design didn’t make it completely invisible to radar, but it made detection much more difficult.
It’s...
Alhambra's Bob Williams answers a question about collecting a Social Security Survivor Benefit on an ex-spouse's work history if you've been remarried after the divorce.
There’s an old axiom that says, “All good things must come to an end.” And unless Congress makes some changes, that’s what will happen to the current level of the federal estate tax exemption. As it stands now, every individual can give away $11.7 million of their estate free...
Probate is a term most people have heard. It’s the court process required to settle an estate when a Will was used as the estate planning tool. What most people don’t know is that there are two types of probate—Common and Solemn. The executor chooses the one that is...
Most of the articles I write are about taking care of your financial house, especially planning for retirement. This one is different though. This one I’m writing because I’m furious! Every day there are more and more unscrupulous scammers who could care less who they steal from and the...
Alhambra's Bob Williams discusses whether a trust should be your IRA beneficiary rather than an individual.
You load 16, tons, and what do you get?
Another day older and deeper in debt.
St. Peter don’t you call me, ‘cause I can’t go.
I owe my soul to the company store.
Lyrics “Sixteen Tons” –Merle Travis, 1946
Welcome to the United States, where debt is king. Debt was an issue in...