More Articles for Your Finances

Protecting your parents from elder fraud

Richard Eisenberg •
Protecting Your Parents From Elder Fraud

A growing concern for many people in their 50s or 60s: Will my mom or dad become the victim of elder fraud? Sadly, the chances are pretty good. In fact, at least 20% of older adults have been victims of elder financial abuse, according to the Center for Financial Services Innovation. Scammers are getting more


A wealth manager to millionaires says parents who leave their kids money often miss the most important step

Tanza Loudenback •
Business Insider
African young mom listening teen daughter sitting on couch together

Michael Farrell, a wealth manager to millionaires, believes there’s much more to inheritance than handing over money. Farrell is managing director of a wealth management firm whose typical client is worth at least $10 million. “We tend to work with a lot of first-generation wealth creators. They have a bit of a blue-collar mentality about their


What to know about year-end charitable giving

year end charitable giving

The holidays are a time for family, friends, and giving. And, while gifting presents to loved ones is a hallmark of the holidays, charitable giving is also at its highest during this time of year. According to research by Nonprofit Source, nearly one-third of annual giving occurs in December, with 10% of all giving coming