Page 2 - Rick Bloom News Today

There are a few options when dealing with adjustable mortgage rates. Doing nothing is not one of them. And not everyone needs life insurance. Do you?

As an elderly parent considers giving his entire estate to his daughter, his attorney says the move may have unintended long-term consequences.

In the first year of the COVID-19 pandemic, global prevalence of anxiety and depression increased by 25%, according to a scientific brief from the World Health Organization.

As result of the falling markets and the bad news, many investors are giving in to fear and liquidating their portfolios. But is that a wise move?

If a parent has an unmarried significant other, at the parents death, what rights does that significant other have to home, inheritance?

Starting on January 1, Michigan’s minimum wage will move up to $9.87 per hour from $9.65 per hour, that’s an increase of 22 cents.

Starting on January 1, Michigan’s minimum wage will move up to $9.87 per hour from $9.65 per hour, that’s an increase of 22 cents.

Dear Rick: I need your help. I have been married to my current husband for a little over 20 years. I have two adult children from my previous marriage. My husband also has a child from his previous marriage. For the last number of years, I have tried to convince my husband to do some sort of estate planning, but he absolutely refuses. He’s of the belief that if we do one, bad things will happen to us. Currently, we have IRAs and 401(k)s where we are the beneficiaries of each other’s and the...

Hometownlife.com View Comments It is amazing how fast time goes. Here we are, already at the end of the second quarter of 2021. Twice a year, it is critical to take a picture of where you are financially; the end of the second quarter is the perfect time to look at your financial health. Personal finances cannot be put on autopilot. Like a garden, it requires constant maintenance and attention. Two documents that I think accomplish this are family balance sheets and cash flow statements. These ...

Some big changes are coming for parents with their 2021 tax returns. Part of President Biden's American Rescue Plan bumps tax credits for kids. It used to be $2,000 for every child under 17.