Read Past Q&As
My husband and I are in a financial crisis with credit card debt. Job loss and reduction in both incomes have plagued us. Our annual income has been for several years and still is significantly reduced. We are drowning. I do not know what to do.
Submitted Jan 13, 2016
My husband died last month. I am sending in the claim forms for his life insurance policy. It requests the original policy to be submitted. It is a 30+ year old policy and it took a while to find someone administering it based on name changes and merges of the company. I am worried that the original policy will get lost if I send it off somewhere. Do I have to send...
Submitted Jan 14, 2016
If I choose an annual payment for a lottery winning in CA, USA and die before the payout is completed, what happens to my winnings?
Submitted Jan 20, 2016
I would like to have the Guardianship of my younger sister, because her mom doesn't care about her and the environment on her home is kind of dangerous (she has 4 men living with her in a 2 bedroom apt). So my niece is living with us since Nov. 2015 and I would like to do a Power or Attorney to make decisions for her schooling, doctors appt., feed her, love her and...
Submitted Jan 21, 2016
My husband and I are going on a cruise next year. Should we buy travel insurance with the cruise line or on the open market? What should we consider?
Submitted Dec 24, 2015
I've read in various publications that a rule of thumb to see if you have enough money to retire on is to multiply your salary from 10 to 12. Would you agree on these figures. I'm 59 and would like to retire next year. My salary is $140,000 and my IRA and 401k investments are $1,360,000. Only liability outstanding is $18,000 left on a mortgage due in 2018. ...
Submitted Jan 6, 2016
Dr. Krupa, I'm responsible for a personal finance site dedicated to frugal living. We've been active since 1996. We have an active section for baby boomers
. I'd like to do an article on what you should do after your spouse passes away. Would you be available for a brief email interview? Naturally we'd set you up as the expert and link to...
Submitted Jan 19, 2016
I understand that the benefits of the File & Suspend strategy for social security claiming will be going away in April, 2016. The higher-earning spouse must file/suspend before April 29th. Assuming that this spouse meets the other criteria & does file/suspend before April, does the other spouse have to file for spousal benefits before April 29th, or could they wait...
Submitted Jan 8, 2016
I am trying to get rid of a timeshare. The company wants me to sign a limited durable power of attorney form. Does this give the company power of attorney on all my affairs? Would it give the company access to my bank accounts or my home deed?
Submitted Dec 29, 2015