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Some of these steps include: Selecting persons to carry out your last affairs. For some of these tasks the person whom you select might need more than just written instructions, they may need a means of accessing your home and possibly even access to your checking account.
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High net worth families should also consider scholarships, many of which are not need-based. While most low-interest government loans will not be available to high net worth families, such families will qualify for Federal PLUS (Parent Loan for Undergraduate Students) and private loans.
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I believe that Social Security, Medicare, state and federal income taxes, and state and local property and sales taxes are all going to increase substantially in the near future.
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The number one reason why most Americans do not take advantage of financial planning is that most financial consumers do not know where go to get basic financial advice or where to find a financial advisor or how to judge the quality and ethics of a particular advisor.
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