Rising interest rates can make certain estate plans less effective. When rates rise, the “hurdle” rate increases. That interest rate, currently around 2%, has been quite low for some time. However, with all the predictions that interest rates will begin to rise again, so will the hurdle rate. What does this mean for your estate… Continue Reading
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Shout Out!
Thank you Eileen for the Shout Out in the March 4 newsletter! http://www.bothellchamber.com/
Aging Affects Financial Decision Making
There is a strange phenomenon recently reported about how aging affects financial decision making process. Interestingly, as would be expected, as people age their financial literacy declines. However, older people’s self-confidence, and in particular their confidence in managing their finances, does not decline nearly as fast. So they may be making financial decisions without assistance… Continue Reading
Difficulty Accessing Online Accounts
Google lets its users assign their online accounts to a beneficiary in the event of their death. The company will contact the beneficiary if the account is unused for a certain period of time. Twitter permits an executor or a verified family member to deactivate a decedent’s account as long as a death certificate and… Continue Reading
Merry Christmas and Happy Holidays
From our families to yours, Merry Christmas and Happy Holidays.