article thumbnail

How to Have Difficult Financial Planning Conversations with Aging Parents

Success

Bringing up the subject of financial planning “A lot of families don’t feel comfortable talking about money,” she observes. She recommends looking for opportunities to bring up the subjects in a non-threatening environment and in casual conversation whenever possible. We want to make sure we can do everything we can to help you.”

Medical 288
article thumbnail

12 Essential Tips Every Solo Traveler Needs to Know

Success

Use the cloud Scan or take photos of your flight and hotel confirmations, credit card and insurance cards, and any other documents that might be useful. Keep these documents in the cloud and on your phone to easily access them from the road.

Travel 235
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Planning to Start Your Digital Nomad Journey? Use This Checklist Before You Go

Success

4 months before Gather key documents Don’t delay in gathering all the critical documents you need to travel outside the country. Make copies of and take along your driver’s license, social security card, health insurance card, medical records and other important documents.

Medical 100
article thumbnail

Do I Need an Estate Plan?

Success

Understanding why you’re creating one and the documents you must include for your situation can make the process easier. Having a will and other estate planning documents are the best way to ensure that the people you want to inherit your money, investments and property actually do. I’m not rich; do I really need an estate plan?

Medical 246
article thumbnail

It’s time to review (or create) your document retention policy

BMT Office Administration

Worried that your company might not have a particular document on hand if the IRS conducted an audit? They create a document retention policy that clarifies what needs to be saved, where, and for how long. Courts and government agencies frown upon individual employees selectively keeping or tossing important documents.

Policies 105
article thumbnail

The 7 Biggest Financial Mistakes to Avoid in Your 50s

Success

Failing to take advantage of maximums and catch-up contributions Brown says the top mistake he sees clients make in this decade is not increasing their retirement savings. The IRS allows people in their 50s to contribute larger amounts than other age groups to catch up to their retirement savings goals.

article thumbnail

Employee personnel files — what should and shouldn’t be included

BMT Office Administration

Knowing what to keep and the location of each document is vital to easy retrieval and to maintaining compliance with government and industry regulations. Setting up employee personnel files is an important part of the recordkeeping process. If so, then the document should be included in the employee’s general personnel file.”.

Filing 121