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Category: MONEY
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Benefits of Revocable and Irrevocable Trusts for Your Estate Plan
Many Americans face uncertainty about how to leave wealth and property to loved ones. Increasingly, attorneys and financial planners recommend placing assets, especially the family home, in revocable or irrevocable trusts. “Trusts aren’t just for the wealthy,” said Laura Jennings, a New York-based estate attorney. “They’re for anyone who wants more control and less hassle…
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Gas Stations Think I’m Stupid
The sign at the gas station changed overnight. Yesterday, the regular was $3.24. This morning, it’s $4.43. No one at the pump looks surprised. Maybe we should be. It’s a pattern: turmoil in the Middle East, a hurricane near the Gulf, or a pipeline glitch, and gas prices jump—sometimes by the hour. News anchors warn…
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Crypto. Scam or Misunderstood?
When Tom Reynolds, a 72-year-old retired school principal, bought his first piece of Bitcoin, his kids laughed. “They called it magic internet money,” he says, shaking his head. “But I’d read about people making fortunes. I figured, why not try?” That was in late 2020, right before Bitcoin soared to record highs. Tom’s $5,000 investment…
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