Most people find the Means Test a pain the butt. I do. One thing clients don’t understand is why their spouse’s income matters even if their spouse isn’t filing a bankruptcy case. That’s because Congress says it matters. If you are receiving support in your household from your spouse, then you’re supposed to have that [...]
disability
A big mistake that we make is that we believe that we are indestructible. Not Superman indestructible, but we don’t believe bad things happen to us. We do know that uninsured medical bills are a major cause of bankruptcy. Yet we fail to take advantage of the insurances available to us to save on the premium and we [...]
A recent article in AARP The Magazine discusses “How to get ready for the worst that could happen“. Kathy Kristof, a syndicated personal-finance columnist and author (“Investing 101“) writes about the major life events that cause money crisis in Americans’ lives and provides suggestions on how to handle the crisis. Job Loss: Imagine the worst – Spencer [...]
