So You Want Your Child to Have the Family Home…

2017-09-11T16:58:59+00:00Aging, Family, Finance, Legal|

It seems to be a common theme.  Adult child lives with parent.  Maybe this is for financial reasons, or perhaps the child is acting as caretaker.  Parent wants child to have the home at the time of the parent’s death.  If the proper planning isn’t done, however, it’s very unlikely that the transition of the [...]

The Marriage Is Ending

2017-09-11T16:58:59+00:00Aging, Legal, Uncategorized|

Join Aging But DANGEROUS and Lommen Abdo Law Firm at Urban Growler Brewing on August 4th. Attorneys Marc Johannsen and Kay Nord Hunt will address these topics: What issues arise when a long-term marriage ends? Trends in Minnesota with regard to spousal maintenance. How do I protect myself and my assets in a second or late-in-life [...]

Yours…Mine…and Ours – Tips on Successful Estate Planning with Blended Families

2017-09-11T16:58:59+00:00Aging, Family, Finance, Legal|

If you’re remarried, you may face some interesting planning considerations when it comes to completing your estate plan.  The planning for blended families can be quite different from the planning you did in your first marriage as there is now yours, mine and ours.  The key to successful planning is open communication and a full [...]

Hey Fido…Come, Sit and Stay for the News…You’re a Trust Beneficiary!

2017-09-11T16:59:00+00:00Aging, Care Giving, Death / Funerals, Gifts, Legal, Pets|

Many of us consider our pets to be part of our family.  This means we worry about who will care for them in the event of our deaths, but more importantly, how do we make sure there’s enough money set aside for this purpose?  Minnesota, last but not least, has finally joined the ranks of [...]

Spring Planting – Legacy Tips from our good friend, Karen Schlotthauer

2017-09-11T16:59:01+00:00Aging, Charity, Finance, Legal, Taxes|

Spring: Let’s Plant & Cultivate Our Legacy I’ve never been accused of being a green thumb, but it seems to me that planting a flower garden involves certain steps that are analogous to charitable planning.  First, you gather the best soil.  After that you should probably scout out the right location, decide on your flowers [...]

WomenVenture Expert Elaine Wyatt Brings Business Tips to ABD SIZZLE

2017-09-11T16:59:01+00:00Aging, Dangerous, Finance, Legal, Life and Work, Money|

  Elaine Wyatt will be our guest on Saturday, March 26th at 9:30 AM on KLBB 1220 AM.  Listen live or through streaming by clicking here. Elaine Wyatt, Executive Director of WomenVenture is dedicated to the advancement of women and girls. She has a passion for helping women attain prosperity and build wealth through the creation and [...]

Grandma’s “Simple” Will – A Great Story!!

2017-09-11T16:59:02+00:00Aging, Dangerous, Death / Funerals, Family, Finance, Legal, Relationships|

Grandma, bless her soul, was a generous lady.  She wanted to name each grandchild in her will so that they would know how special each of them was to her.  So, one day she decides to create her will with an on-line program.  Keeping things simple, her will stated: *  All tangible personal property to [...]

Love Is In The February Air

2017-09-11T16:59:05+00:00Aging, Dangerous, Family, Finance, Legal, Love|

February…the month of love.  It got me thinking about marriage.  So I hopped onto Urban Dictionary* to see how others define it.  Among the traditional definitions, I found a few gems.  One said marriage is “the number one cause of divorce”.  Another one states marriage is “the most successful wealth transfer scheme ever invented”.  Funny [...]

Great Meetup with The Stonebridge Group on “Retire Wisely”

2017-09-11T16:59:05+00:00Aging, Finance, Legal, Life and Work, Money, Taxes|

Aging But DANGEROUS women are savvy about retirement and leverage trusted resource providers.  This past week, representatives of The StoneBridge Group of Thrivent Financial provided great information on the latest strategies we might consider. Jennifer Cords and Christopher Sipe provided an information packed evening with our members having their questions answered.   "Very good, useful [...]

Let’s Get Charitable in the New Year!

2017-09-11T16:59:06+00:00Aging, Charity, Finance, Legal, Money, Taxes|

Are you required to take minimum distributions from your IRA but you don’t want or need the additional taxable income? Are you charitably inclined? On a temporary basis since 2006, IRA owners have had the ability to exclude up to $100,000 from gross income for distributions paid directly from their IRAs to a qualified charity.  [...]

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