People often think if they have a disaster, they’ll just get a check in the mail for the amount of their coverage. But most insurance companies won’t just cut you a check without a list of the items you are seeking to have replaced. Read more...

If you faced a loss of your belongings through fire, theft or natural disaster, would your personal property insurance coverage be sufficient to replace everything? Compile a home inventory to give you the answer. Read more...

Have you discovered you were uninsured or underinsured after you experienced a theft, tornado, fire, etc? You may be able to claim your loss on your income tax return. Read more...

Most people know it's essential to have a home inventory to prove ownership of property after a tornado, fire, hurricane, burglary, etc. But there are many other situations where having this information would prevent devastating results. Read more...

Insurance policies can be as difficult to read as any other legal document, resulting in a high proportion of policyholders not understanding what their policies actually cover. Here are some of the most common misconceptions. Read more...

When making a tax decision on converting a traditional IRA to a Roth IRA you should consider your personal income tax situation: will your tax rate be the same, lower or higher in the future? Read more...

Every now and then, a situation comes along that allows a taxpayer to benefit from an obscure, little known tax provision. Such was the case of "Archie" when he inherited his nephew's IRA. Read more...

Life insurance may perhaps be not only the single biggest benefit in the tax code, but also the most cost-effective way to protect a large IRA. If set up correctly, life insurance proceeds could come into the estate sans estate and income tax. Read more...

If you are age 59 ½ and still working you may have an option of taking money out of your 401(k) plan without penalty and income tax and put it into an IRA rollover. Read more...

You've inherited an IRA from your spouse. What do you do now? Should you leave it as an inherited IRA or should you move it into an IRA in your own name? Read more...