A practical guide to advise Baby Boomers how to deal with the daunting task of facing a parents' eventual passing as it relates to residential contents, heirlooms, and the often difficult family interactions and feuds that accompany them. With fascinating stories and comprehensive checklists, professional estate liquidator Julie Hall walks Baby Boomers through the often painful challenge of dividing the wealth and property of their parents' lifetime accumulation of stuff. From preparation while the parent is still living through compassionately helping them empty the family home, The Estate Lady® gives invaluable tips on negotiating the inevitable disputes, avoiding exploitation from scam artists, and eventually closing the chapter of their lives in a way that preserves relationships and maximizes value of assets.
With fascinating stories and comprehensive checklists, a professional estate liquidator walks baby boomers through the often painful challenge of dividing the wealth and property of their recently deceased parents' lifetime accumulation of stuff.
How to Divide Your Family's Estate and Heirlooms Peacefully and Sensibly is a must-have resource packed with practical expertise and a fair, equitable process for dividing personal property within a family estate. From how to minimize fighting and manage the emotional roller coaster that comes with a loved one's loss, to understanding legal responsibilities and suggestions for executors, this guide offers solutions based on decades of experience in working with families and estates coast to coast. This guide is a must-read for every family challenged with dividing an estate and not wanting the family to divide in the process. This guide includes practical problems and solutions, and many helpful resources.
How to Clean Out Your Parents' Estate in 30 Days or Less is a take-along manual packed with meticulously compiled checklists, resources, and information. This guide provides step-by-step instructions to clean out your parents' home at the time of their infirmity or death, beginning in the attic and ending when the last item has been packed up. This indispensible resource offers you solutions and answers from an expert who has seen it all. Julie wants every reader to clean out their parents' home in literally 30 days or less, so they can resume their lives instead of becoming swamped by this overwhelming task.
In 2006, the first baby boomers turned 60, unleashing a veritable tidal wave of gloomy punditry, advertising for financial services, and forecasts of impending national bankruptcy. This work rejects such catastrophic predictions. It forecasts baby boomers' career plans, health trends, and cultural and political values.
The America of the near future will look nothing like the America of the recent past. America is in the throes of a demographic overhaul. Huge generation gaps have opened up in our political and social values, our economic well-being, our family structure, our racial and ethnic identity, our gender norms, our religious affiliation, and our technology use. Today's Millennials -- well-educated, tech savvy, underemployed twenty-somethings -- are at risk of becoming the first generation in American history to have a lower standard of living than their parents. Meantime, more than 10,000 Baby Boomers are retiring every single day, most of them not as well prepared financially as they'd hoped. This graying of our population has helped polarize our politics, put stresses on our social safety net, and presented our elected leaders with a daunting challenge: How to keep faith with the old without bankrupting the young and starving the future. Every aspect of our demography is being fundamentally transformed. By mid-century, the population of the United States will be majority non-white and our median age will edge above 40 -- both unprecedented milestones. But other rapidly-aging economic powers like China, Germany, and Japan will have populations that are much older. With our heavy immigration flows, the US is poised to remain relatively young. If we can get our spending priorities and generational equities in order, we can keep our economy second to none. But doing so means we have to rebalance the social compact that binds young and old. In tomorrow's world, yesterday's math will not add up. Drawing on Pew Research Center's extensive archive of public opinion surveys and demographic data, The Next America is a rich portrait of where we are as a nation and where we're headed -- toward a future marked by the most striking social, racial, and economic shifts the country has seen in a century.
Outraged over the mounting Social Security debt, Cassandra Devine, a charismatic 29-year-old blogger and member of Generation Whatever, incites massive cultural warfare when she politely suggests that Baby Boomers be given government incentives to kill themselves by age 75. Her modest proposal catches fire with millions of citizens, chief among them "an ambitious senator seeking the presidency." With the help of Washington's greatest spin doctor, the blogger and the politician try to ride the issue of euthanasia for Boomers (called "transitioning") all the way to the White House, over the objections of the Religious Right, and of course, the Baby Boomers, who are deeply offended by demonstrations on the golf courses of their retirement resorts.
Turning a critical eye to what he calls "the implications of mass longevity as a social phenomenon", Roszak counters conventional ideas of elders as burdensome, seeing baby boomers instead as culture's great resource. Includes updated statistics, a new Introduction, and two new chapters on retirement issues and grandparenting.
Most of our 78 million baby boomers will spend much of this decade in the Risk Zone spanning the 10 years before and after retirement. Losses in the Risk Zone can make remaining lifetimes far less comfortable, and could make boomers a burden on society because $50 trillion is at stake.Following the Roaring 2010s, the odds of avoiding a market crash in this decade are incredibly low. This book explains why inflation and other threats are likely to burst bubbles in stock and bond markets, creating significant investment losses. Baby boomers should protect their savings at this critical time. Baby boomers need risk management, but most are not getting it. In the jargon of investing, boomers should be "risk off" to protect their lifetime savings. Importantly, baby boomers should:1.Review their current asset allocation. The Employee Benefits Research Institute (EBRI) reports that the average boomer is invested 60/40 stocks/bonds. This is a mix that lost more than 30% in 2008 and is poised to lose even more in the next market crash.2.Consider reducing risk and protecting against inflation. The book explains how to accomplish this.3.Use all the tools, like reverse mortgages, risk mitigation tools, Social Security and Medicare. Each chapter includes a link to a video on the topic from the Baby Boomer Investing Show. I believe this is unique and appealing. It's a fun way to delve into these highly informative and timely topics.
