April 28th, 2006
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Everyone tells you to plan ahead, but few want to think about the inevitableness of dying.
Here are 5 things to think about completing:
- Agree on a place to keep all important document. Let the importnat people in your life know where to get this information.
- Make sure you have enough life insurance so if you do die your family does not become destitute. You would never want that tradgedy to become worse.
- Prepare a will.
- Prepare a living will and make sure you have legally given power of attorney for health-care and financial matters.
- Make sure all your beneficiary information is correct and up-to-date. Probate is no fun. Avoid it by updating this information
Written by mike on April 28th, 2006 with no comments.
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If you want to reduce the amount you get back from the IRS at taxtime try their W-4 Calculator. Have at least a few recent paychecks and your tax return from the year prior to obtain accurate information. The calculator is surprisingly accurate and will typically be within $100.
Written by mike on April 28th, 2006 with no comments.
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Yesterday it was reported that the U.S. Senate is considering a bill that would refund $100 to each taxpayer in order to offset the rising gas prices. If you are interested in some free more you should e-mail or call your senators. The approval rating of the Congress is around 20% (well below President Bush’s approval rating). Now is time to strike when the iron is hot to get some money from the government. You might think this too good to be true, but in August of 2001 many taxpayers received $300-600 checks in the mail from the government because of the surplus. Obviously, that was poor timing since 9/11 occurred shortly after that. Congress is vulnerable and if you push you could get some easy cash.
Written by mike on April 28th, 2006 with no comments.
Read more articles on Household.