The current status of estate planning
Disruption of estate planning
The current status of estate planning
Disruption of estate planning
To celebrate and recognize how our Minters are reaching their financial milestones, we reached out to everyday Mint users like you to share their stories.
We connected with Becca, a 27-year-old New York-based private finance entrepreneur, to find out more about her journey with Mint! Check it out below.
I’ve always loved personal finance and recently started my own brand to help other women learn about finance as well. When it comes to my trip with Mint, I’ve been using it since 2015 to set and manage my budgets, and I check the app every day to categorize my new transactions. And that’s actually one of my favorite things about the Mint app – it automatically shows my transactions so I can quickly categorize them and see how they are affecting my budget.
I usually open Mint when I wake up in the morning or before work and look at my recent transactions to make sure they are in the correct categories and then see how that affects my overall budget. So you always know quickly and easily where I am. It also helps to see all of my transactions from different accounts in one place so I can check that there are no transactions that weren’t mine! You always have to check if it is a scam!
I also use Mint’s trending feature to see how my spending has changed over time. Lifestyle creep can affect us all (as our incomes rise, we end up spending more instead of saving more). I love to look back and see how my expenses have changed over time to identify all areas of the lifestyle that I might want to rule.
One of my financial goals is to constantly try to grow my net worth so that as I get older I can have as many options as I want. If I want to retire early, I want the financial freedom to do so. If I want to keep working and leading a lavish lifestyle, I want that opportunity. I want to have as many options as possible, which means I need to save as much as possible now. Mint helps me make sure I keep my spending in check to make this happen.
Mint has consistently helped me achieve this goal and one of my milestones is that I recently reached a net worth of $ 300,000! I could never have done this without Mint helping me start my financial journey and keeping an eye on my budgets.
Annemarie Belda (25 posts)
Annemarie Belda is communications manager at Intuit Mint. She is passionate about helping readers achieve their financial goals, from opening a savings account to gaining financial freedom.
We’re giving one lucky reader the chance to win a personalized CellarDine steel zap cap!
The Original Zap Cap Bottle Opener is a clever and unique invention that works by placing the Zap Cap over the bottle neck and, with a simple push, a special spring-loaded mechanism removes the caps with minimal effort. It also has a built-in magnet that holds the cap in place for easy disposal, so easy to use, great fun and very stylish.
The stainless steel model Zap Cap is now available for personalization and customized messages, perfect for special occasions such as birthdays, Christmas, Father’s Day, one-off events and a great gift all year round. A great way to treat someone and what better way to enjoy their favorite drink!
To find out more about CellarDine, visit www.kellerdine.co.uk and follow them on Facebook, Twitter and Instagram.
Simply follow the instructions below to participate.
a Rafflecopter competition
The competition ends on Sunday, December 12th at midnight. The winner will be announced on our competition winners page. Good luck everyone!
As a small business owner, it is important to build trust with customers and suppliers. One way to build that trust is to offer a liability insurance certificate that shows you have the insurance coverage you need to protect your business and the people it serves.
A standard insurance certificate, or COI, usually summarizes that different types of business insurance You hold, including your coverage limits. The document also contains contact information for you and your company, the name of your insurance company, insurance numbers, expiration dates and the amounts to be paid out for individual claims.
A liability insurance certificate is a type of COI that specifically focuses on your business liability insurance. It proves to customers and potential business partners that your company is insured against claims arising from damage, injury, loss or other liabilities. You can also request a letter of liability from other vendors you want to work with.
Almost all companies benefit from taking out public liability insurance, and many companies are required to do so by law. Professional indemnity insurance is also a smart choice for any business providing service to customers and can be required for many industries as well.
The number of times you need to provide a liability insurance certificate depends on your industry and other factors. However, knowing how to get quick access to your certificate can save you delays.
Some insurers provide COIs to existing policyholders for free, while other providers can charge up to $ 50 for each newly issued certificate. When purchasing a corporate insurance provider, consider the cost of their COIs to ensure there are no unexpected charges.
If you have business liability insurance, you may already have a COI in your insurance records. If your insurer only issues COIs on request, you can request them at any time. Delivery times can vary: some providers generate a digital COI within a few minutes, others can take up to several weeks.
What is best for your company?
Answer a few questions and we will put you in touch with an insurance partner who can help you prepare an offer.
Here are some business insurance providers who can issue a liability insurance certificate when taking out a corresponding policy:
While Allstate is perhaps best known for commercial auto insurance, Allstate offers comprehensive corporate insurance as well. In addition to standard types of cover such as business liability insurance, you can also take out additional insurance such as business interruption insurance or employee dishonest insurance.
Chubb enables small business owners to choose whether to purchase insurance through an agent or directly through their website. In addition, you can purchase several Chubb insurance products online: General Liability, Professional Liability, Cyber Insurance, and a Business Owner Policy or BOP.
The Hartford is a well-known insurance carrier that insures more than 1 million small business owners from a variety of industries. This insurer sells policies primarily through its network of independent agents and brokers, so The Hartford could be a good option if you prefer a personal touch when evaluating your insurance options.
Business owners in a hurry will appreciate Next’s quick online application process, which states that qualified applicants can purchase insurance policies in minutes. In addition, Next customers can download free liability insurance certificates directly from the online portal without having to contact a representative.
This insurer is good for business owners who want a personal touch, as policies can only be purchased through State Farm’s nationwide network of agents. State Farm offers liability insurance, including general liability insurance, professional liability insurance, commercial roofing coverage, and labor practices liability insurance.
The “Cashback without Purchase” initiative is already live in around 1,000 branches, but is to be rolled out to a further 1,000 shops by the end of the year. Behind this are the LINK ATM network and the PayPoint card payment processor.
This is a cause for concern about the decline in free ATMs and bank closings, which could prevent vulnerable consumers from having access to cash. Just this week, for example, TSB announced the closure of 70 branches next year, while in October 41 Lloyds Bank branches and seven Halifax branches were closed.
MoneySavingExpert.com founder Martin Lewis previously spoke to the House of Lords Liaison Committee about the risks of moving to a cashless society. Research by the Financial Regulator found that around 5.4 million adults in the UK depend on “large” or “very large” amounts of cash in their daily lives.
You will find tips and tricks for saving money when shopping in our offers, vouchers and shopping guides.
The Cashback program allows shoppers to withdraw cash at the checkout for anything from 1p to £ 50, which means they are not limited to banknotes as is the case with physical ATMs.
You can authenticate the withdrawal with chip and PIN, contactless, or Google or Apple Pay, and you don’t have to buy an item in-store or pay a fee. For the time being, the service will only work with UK checking accounts and their associated debit cards.
To find stores near you that offer the new service, you can search for “Link Cash Locator” online or download the free LINK Cash Locator app. You can then enter a zip code or city to see which stores offer the program.
Below is an example of how to find a store or ATM that offers “No Purchase Cashback”. In this case we were looking near Dulwich in London. The orange positions indicate free cashback at the checkout, while the green ones indicate regular free ATMs and the purple ones that have a charge.
One of the questions we are often asked at MoneyMagpie is: How do we get access to hardship grants? How do we access funds quickly? People often start Googling terms like “get money now” and “get money fast” and read our many suggestions for often fun ways to make money quickly.
However, many people are not fully aware that there are many hardship grants in difficult times. Rounding these out for ours and helping you get back on your feet is a priority, especially given the increased cost of living that is putting us all under pressure.
The vegetarian charity Grants allowances of up to £ 500 to vegans and vegetarians up to the age of 26 who need help with paying for an education or essential goods. There is no final application deadline as the entire process takes around 3 months.
Lawrence Atwell’s Charity offers scholarships to young people between the ages of 16 and 26 from low-income backgrounds. They are awarded between £ 100 and £ 1500 to enable young people to acquire recognized professional qualifications. Applications are accepted at any time of the year. It is recommended that you apply at least 8 weeks before your start date.
The Boots Charity Fund Provides funding to former and current Boots employees in the UK who are in financial need. They can provide scholarships, interest-free loans, and supermarket coupons for different needs.
B&CE charity foundation, helps construction workers who have been in the craft for at least 12 months in financial difficulties. They also offer education and training grants for retraining or re-entry into the job. There is no deadline and each application is considered on a case-by-case basis.
The Sheffield Church Burgess Trust offers young people under the age of 25 scholarships to support their training. If you or a parent has been living in Sheffield permanently for 3 years, you can apply. Scholarships can be awarded to support further training in sports or music, among other things. There is no set deadline, but the registry only meets 4 times a year, so it can take a while for feedback.
The WW Spooner Chratiable Trust makes grants to individuals who live in the West and North Ridings of Yorkshire. Grants were given for a variety of reasons. This includes support with the financing of a new hall, clubs and the purchase of art for the benefit of the public. There is no set deadline and requests are considered on a case-by-case basis.
The Northcott Devon Foundation provides grants to those in need who live in Devon and have a disability, bereavement, illness or exceptional disadvantage who cannot receive local help. The applications are checked monthly.
The Dulce Haigh Marshall Trust provided scholarships to teach and purchase instruments for young Devonian string players under the age of 25. The deadline for the next applications is May 1stNS 2022.
William Moulton’s non-church charity Helping people in need who have been living within the Newcastle upon Tyne borders for at least 12 months. Grants can be awarded for carpets, household appliances, furniture, etc. There is no final application deadline.
ScotsCare provides grants to help Scots, their widows and children in need and living within 35 miles of Charing Cross, London. Scholarships are awarded for a variety of reasons, from lack of clothes to advice, there is no application deadline.
If you’ve recently tried buying anything electronic (including a new or used car) then you’ve probably noticed one thing – it’s next to impossible.
The current supply chain problems are particularly problematic for anyone trying to purchase products that contain microchips that happen to be severely deficient.
“This holiday season seems to be the most likely time for the most popular electronics to be affected by the supply chain,” said Jeff Zhou, co-founder of Fig Loans. “This includes the new consoles like the PS5, the Xbox Series X and the Nintendo Switch OLED. Likewise, many graphics cards such as the NVIDIA 3080 and 3090 are in short supply, which is causing the prices and demand for these items to skyrocket. “
But not only electronics are missing on the market this year. Many overseas-made products also have problems.
“In general, clothes and goods made in the US have fewer supply chain problems than those made overseas,” says Zhou. “That’s because the biggest impact on the supply chain right now is the ongoing problems with moving items in and out of major ports. Products made in the USA don’t have these problems, which means you will likely get them faster. ”
Although Santa Claus carefully packed tablets and smartphones under the tree, he and you both need to get a little more creative this year.
Here is a list of 12 headache free gift ideas that you can buy right now for the people on your list. We’ve introduced you to a few specific brands, but there are other versions of these easy-to-find gifts in your local stores as well.
Step up your game on Christmas morning by shopping for the Vermont Flannel Co. collection of super soft flannel pajamas. Decide on suitable pajamas for the whole family or just for you and your best friend. In addition to PJs, Vermont Flannel Co. also offers high quality flannel shirts and this nifty DIY quilt kit.
Make the winter nights a little more cozy for your favorite person by getting them one of these iconic throw blankets from Pendleton. These USA made blankets are the perfect way to upgrade an old couch, remodel a bedroom, or just to snuggle up around the fire.
If you don’t want to worry about your child’s gifts arriving on time this year, you can simply shop at Green toy. This California-based company doesn’t just make cool toys that are battery-free. You also have a mission to have a meaningful impact on the environment. So far, the company has recycled plastic from over 100 million milk cans, and the number is rising.
Don’t forget your favorite pooch this season. Buy some of the cutest dog toys on the internet with this collection from US Etsy makers. From fake doggy spritzers to antler chewing items, this list has something for every four-legged sweetie on your list.
For the nutrition freak in your life, check out these smart blenders from Vitamix. Unlike many other device manufacturers, Vitamix doesn’t seem to have any supply chain issues (being made in America probably helps). So go ahead and put at least one “smart” thing under your tree this year, even if it’s just a really good blender.
The super mixers range from around $ 400 to $ 525, but you can cut hundreds off the bill with a ninja combo mixer and food processor for $ 99. If there’s a smoothie maker on your list, check out the $ 70 Ninja Pro Blender with powerful ice crushing features.
Give the pizza lovers in your life “a reason to grill” with this pizza oven grill insert from Kettle Pizza. Forget the pizza from the stone oven, because this season’s pizza parties are served hot from the old grill.
So that you don’t forget how nice it is to receive a bottle of your favorite wine or liqueur, let us remind you. Fancy wines and spirits are some of the best gifts out there. Buy a nice bottle at your local liquor store to give away your favorite wine snob.
This Christmas season, give your local artisans, artists, and jewelers a helping hand by shopping at the Christmas markets and events near you. Check your newspaper and online community events pages to find a local trade show and something unique for everyone on your list.
Are you looking for a simple gift that your loved one can use to try something new? Then you might just want to try giving them a subscription box. Some of our favorites are The Wordy Traveler, Brother Vellies, Ship Sunshine, and Undiscovered Artisan.
Boring? Maybe, but gift cards are still one of the best gifts for someone who already has it all. Give them a gift voucher in their favorite shop (so that they can finally order the new phone when it is back in stock) or simply go to their favorite restaurant in the classic way with a gift card.
If you’re not sure what to buy for someone on your list, take a minute to browse the choices at Uncommon Goods. If Target and World Market had a baby it would probably be this place. But unlike some other big box stores, these gifts are all made right here in the US and are completely supply chain independent. A special Christmas tree ornament is always a nice gift.
Subscriptions to magazines (remember those?) Can be purchased for as little as $ 10 a year. The topics range from cooking to automotive to fashion and travel and beyond. Smithsonian Magazine is the official magazine of the Smithsonian Institution in Washington, DC, and 12 issues are only $ 12. The GIFT subscription comes with a Smithsonian membership. Search for a book idea about the top books of NPR 2021. There are more than 360 categorized by subject.
Looking for even more Christmas gift ideas? You could just check your local dollar stores (seriously).
Contributor Larissa Runkle writes frequently on finance, real estate, and lifestyle topics for The Penny Hoarder.
Are you ready not to worry about money?
Get the Penny Hoarder Daily
A legal battle breaks out over the will of the late Prince Philip. However, contrary to what you might think, the lawsuit is not being brought by a creditor or a potential beneficiary. Rather The guard, a UK publication, announced that legal action would be taken, arguing that “the Supreme Court’s failure to properly examine whether the press can attend the hearing or make statements is such a serious encroachment on the principle of open justice that the case should be repeated. “
A hearing was held in September to have the will sealed for 90 years, but the media were not briefed or privy to the process. Few were reported to be present at the private hearing, with only one attorney representing Prince Philip’s estate and one attorney general (AG) in attendance. According to the court, the AG was sufficient to represent the interests of the public.
The case for privacy
As in the United States, under UK law, a will is generally published once it comes up for probate after the death of the person who wrote it. A rare exception is to allow a will to be sealed under special circumstances; However, it appears that the exception was only successfully invoked in the case of the royal family. For example, the privilege is said to have been first used for the will of Prince Francis von Teck, who was reportedly a “reckless gambler” and who might have offended the family if the public had learned of his financial troubles.
In the present case of Prince Philip, Sir Andrew McFarlane, President of the Family Division of the Supreme Court ruled that the exemption for members of the royal family “is necessary to improve the protection of the privacy of this unique group of people”. to protect the dignity and prestige of the public role of the sovereign and other close family members. “He added,” … While there may be public curiosity about the private arrangements a member of the royal family can make in his will, but there is no real public interest in the public knowing this purely private information … The media “The interest in this regard is commercial.”
Although there have been various attempts to challenge the privacy of the Royal Testament, including one person claiming to be the illegitimate child of the Queen’s sister, Princess Margaret, none have been successful.
The reason such cases are more common in the UK than here in the United States is because the royal family is funded by taxpayers, who in turn routinely question how much privacy the family should be allowed to enjoy. Whether such special rules are necessary to protect the integrity of the royals is the subject of ongoing debate.
In the United States, high net worth individuals and individuals in public tend to use various estate planning tools to pass their wealth on, such as bank accounts. B. Trusts and other methods that allow maximum privacy.
Editor’s Note: This story originally appeared on Smartest Dollar.
The COVID-19 pandemic has dramatically changed the US labor market in many ways. Many low-wage jobs in areas such as retail and hospitality were lost at the start of the pandemic and have not come back, while throughout the pandemic, in response to the pandemic, there has been a strong demand for health workers and technology specialists creating an increasingly virtual economy. The unemployment rate remains high, but many industries are facing labor shortages and millions of workers have voluntarily left their jobs in a phenomenon known as “The Great Resignation”.
In some cases, the pandemic has accelerated labor market trends that have already started, such as increasing automation and digitization of jobs. In others, post-pandemic changes in the labor force will have less to do with the effects of the pandemic than with underlying demographic and economic trends. These complicated factors are reflected in the latest projections by the Bureau of Labor Statistics, which estimated that total employment in the US will increase 7.7% through 2030 – but only 1.7% if you consider the economic recovery from the pandemic Excludes job loss.
One of the demographic trends that are driving change in the workforce is the aging of the population. Baby boomers, Americans born between 1946 and 1964, numbered more than 75 million and were the largest generation in US history until the arrival of millennials. The boomers tended to make up the bulk of the workforce until recently and work later in life than previous generations. As a result, those over 55 are expected to make up around a quarter of the workforce for at least the next decade.
But the aging of the baby boomer generation will also have more far-reaching effects on jobs and the economy. Eventually, as this generation of the workforce ages into retirement, more and more companies will have job vacancies and may struggle to fill positions that the boomers once filled. This scenario will put pressure on many employers, but it could also provide better job opportunities for younger workers. A larger population of older Americans will also put a heavier burden on health care, so a larger slice of the economy will have to be geared towards supporting older Americans in their later years.
An aging population is one of the main reasons health and service professions are expected to be one of the fastest growing areas in the years to come. With a forecast overall growth rate of 23.1% between 2020 and 2030, healthcare jobs are the most important growth area. The related areas of community and social services as well as the health professions have growth rates of. also at the top of the list 12.4% and 10.8% respectively.
One of the other major growth areas is computer and math positions, a category that encompasses jobs such as programming, data science, software development, and network and systems administration. As more society and economy become dependent on technology, these positions will grow rapidly. In addition to good career prospects, computer and math positions with an average wage of more than $ 91,000 also offer one of the best wages of any professional category.
At the individual occupational level, health and technology-related occupations are, unsurprisingly, among the fastest growing. But two of the three fastest growing individual occupations are in the weaker growth category of installation, maintenance and repair occupations: wind turbine service technicians and solar photovoltaic installers. The renewable energy sector has seen significant growth in recent years and is likely to continue as the cost of renewable energy falls, consumer demand increases, and the transition to lower carbon energy sources becomes more urgent. For job seekers interested in reliable jobs and growth opportunities in the years to come, a career in wind or solar energy may be one of the best options out there.
The data used in this analysis comes from the US Bureau of Labor Statistics’ employment projection program. To identify the fastest growing occupations over the next decade, Smartest Dollar researchers have provided the projected percentage change in employment between 2020 and 2030, excluding jobs with above-average job losses due to the COVID-19 pandemic.
Below are the professions that are expected to grow the most over the next ten years.
The data used in this analysis comes from the US Bureau of Labor Statistics’ employment projection program. To identify the fastest growing jobs over the next decade, the researchers gave the projected percentage change in employment between 2020 and 2030, excluding jobs with above-average job losses due to the COVID-19 pandemic. Only the 30 fastest growing professions were included in the analysis.
Disclosure: The information you read here is always objective. However, sometimes we get compensation when you click on links in our stories.
Sloane found that buying-side wealthy advisors and Bay Street investors tend to have more sophisticated tools at their disposal to conduct in-depth ETF research. But by and large, mass market advisors and retail investors have historically not had a really good tool to rely on. According to NEO, the Canadian ETF intelligence platforms that are already available are only partially sufficient for providing comprehensive and up-to-date data in a consolidated solution for investors.
Staying true to the spirit of innovation in its DNA, the company was looking for a partner who could help solve the problem. That search resulted in a partnership with TrackInsight, an independent ETF data provider.
“The TrackInsight team is a trusted global provider of this type of data,” said Sloane, referring to the research company’s collaborations with several tier 1 digital media companies, including the Financial Times. “That gave us a lot of comfort in their ability to bring the same kind of blueprint here to Canada.”
As Sloane says, both parties enjoy working together because they bring complementary strengths to the relationship. While TrackInsight offers expertise, experience, data and a very portable platform, NEO comes to the table as a formidable player among Canada’s stock exchanges with over 180 ETFs, including 35 just added this year.
“We are deeply committed to the ETF industry and believe that it is important for advisors and investors to have easy access to education, market insights and tools to help them make investment decisions,” said Duane Green, President and CEO of Franklin Templeton Canada, who was a starting sponsor of the platform.