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At a time when many have dreams of finally taking a long-awaited trip or dominating the pickleball court, a growing number of retirees are instead spending much of their time and money on caring for others—and risking their own financial security.

With so many misconceptions around trusts, it's easy to understand the confusion about the benefits of a revocable living trust. A living trust (also called a revocable trust or revocable living trust) can be beneficial to a much broader group of Americans than most people expect.

Hiring a financial advisor or a financial planner can help you achieve your short- or long-term goals — like having a comfortable retirement, funding your child's college tuition, or buying a house.

The stock market fared quite nicely during the Fourth of July week. Each of the benchmark indexes listed here posted gains, with the Nasdaq and the S&P 500 reaching record highs a few times during the week. Only the small caps of the Russell 2000 slid lower. The June jobs report (see below) gave investors encouragement that the Fed may be inclined to cut interest rates as early as September. Information technology, consumer discretionary, and communication services outperformed among the market sectors, while energy and health care lagged.

By definition, estate planning is a process designed to help you manage and preserve your assets while you are alive, and to conserve and control their distribution after your death according to your goals and objectives.

Stocks closed generally higher for the week, with the Russell 2000, the Nasdaq, and the Global Dow posting gains, while the large caps of the Dow and the S&P 500 declined. Ten-year Treasury yields rose as bond prices fell. Crude oil prices gained about $1.00 per barrel.

Digital assets now are a major cause of problems settling and distributing estates. You need to carefully consider and incorporate your digital life in the estate plan.

In the blink of an eye, life can change. That’s what happened to one woman when her handbag containing her mobile phone, wallet, credit card and other items was stolen.

Traveling can be a wonderful experience, but it can also lead to unexpected surprises. Recently, a group of travelers returning from their trips were shocked to discover that their cars had been broken into while in long-term parking at the airport.

There are many steps you can take to protect yourself from falling victim to phone scams like this one.