Most people are inclined not to think about their mortality. Hence, they do not consider estate planning, especially writing a will, as an imperative task. Moreover, writing a will is often regarded as complicated, irrelevant, and most of all ‘a thing of the rich’. As per a 2020 Estate Planning and Wills survey conducted by ...

Parenting is both a joy and an ocean of responsibilities. Parents constantly worry about the well-being of their child, in their presence as well as when they are no longer around. Estate planning is one important measure to ensure the well-being of your children in case of your demise, incapacity, or disablement. Such situations massively ...

COVID-19 has had a massive impact on the lives of many people. The virus has disrupted every country in the world and crashed markets around the globe. As the economies go down and a bear market appears, investors have been stressfully watching the changes from the edge of their seats. But the important thing to ...

Is money anxiety even a thing? Yes, it is! Money anxiety is something we all have dealt with or are likely to deal with at some point in our life. Sometimes, you may not even know that you are money anxious unless you take note of it. But the good part here is that money ...

The first step towards achieving financial security in life is to make and follow a sound financial plan. Financial planning is critical towards amassing enough wealth to lead a comfortable life. However, even with a good plan in place, there are many pitfalls that need to be avoided at all times. Unnecessary mistakes in financial ...

A lot of investors consider the market to be their ally, while others think of it critically. Market timing is one concept that has led to the emergence of two different schools of thought that are pro-market and anti-market. While the controversy lies right in the perspective that investors have for financial markets, the investors ...

According to investment experts, when it comes to investing in a stock, one needs to evaluate the finances and the operating model of the company first. Generally, several financial metrics and ratios are considered by the investor community for determining the company’s current financial health. One of these critical metrics for assessing the company’s financial ...

Safety delineates all aspects of life and hence, should be carefully reflected upon in your financial plans as well. Same is the case with the safety-first retirement planning. The approach is driven towards safeguarding your financial and economic life before considering post-retirement luxuries like travel, etc. In other words, it focuses on the essentials. Let’s ...

It isn’t uncommon for people to set up their bank accounts, properties or various other assets in a manner where they have joint ownership with someone – either a spouse or other family member, and even a friend or business partner in some cases. While many people think that this is a good, cost-free replacement ...

Estate planning, simply put, is the management and distribution of one’s assets after their death or incapacitation. Its primary objective is to distribute a person’s estate to its rightful heirs, with a focus to reduce estate tax. Of the many methods involved in estate planning, the two basic ones are writing a will and setting ...