A recent study found that people who retire earlier than similarly situated people, tend to live longer. However, that result is likely not directly related to the fact of early retirement itself.
One of the many questions people face as they approach their elder years, is deciding when to retire. For some people, the decision is primarily made on the basis of their finances.
Those who have saved more than others can retire earlier. However, for some people the decision also includes lifestyle preferences.
Many would prefer to continue working, even though they can afford to retire. A new study...
The founder of Ikea, one of the richest men in the world, passed away recently. His plans for what will happen to his family business are unusual.
Most of the time people who appear on lists of the richest people in the world are happy to be on the lists. They sometimes have been known to argue that their wealth has been underestimated and they should be higher on the list than they are.
However, Ingvar Kamprad was unusual.
He is best known for founding the iconic furniture company Ikea. Many might have a bad memory about his company from...
The House of Representatives recently passed an important piece of legislation that will help protect the elderly from financial exploitation.
What is one of the many issues hindering the fight against financial abuse of the elderly? The people who are often in the best position to notice it, fear speaking up about it.
People who work at financial institutions and insurance companies often see suspicious transactions. If they report their suspicions to authorities, they open themselves up to potential liability, if it turns out that they were wrong. In fact, they may be in trouble even if they were correct,...
The estate of one of Jackie Kennedy’s relatives is suing an art collector over a portrait of the former First Lady that was painted when she was 19. The painting is believed to have been lost or stolen decades ago.
When Jackie Bouvier was 19 years old, she fell off a horse. It was not certain whether she would survive, since she was unconscious for a few days.
Shortly thereafter, her father commissioned an oil painting of her to make sure that a lasting memory of his daughter was preserved. The young woman did survive and went on to became...
It would be unfortunate to create a will and have no one be able to find it after you pass away.
Getting an estate plan is not the most difficult thing you will ever do. An experienced estate planning attorney will do most of the work of making sure you have an estate plan that will be effective at fulfilling your wishes.
However, you still would have put a lot of time and thought into the process, so you can tell the attorney what your wishes are. This is true, even if your estate plan consists of nothing more than...