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Managing Money In Old Age

As people get older and ease into retirement, there are always finances looming overhead. It is also crucial to update your estate plan at this time, or establish one if you have yet to do so. What do you need to do to manage your finances most effectively for retirement, and when do you need…

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Retail Apocalypse: Retail Stores Closing and Filing for Bankruptcy

With the shift of a lot of shopping going to the Internet, retail chains are struggling. Many have recently filed for Chapter 11 bankruptcy, and there are an unprecedented number of retail stores closing across the U.S. It’s easier to log onto a website and shop than it is to go into a store and…

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What to Do with your Estate Planning Documents

If you have all of your estate planning documents in order, great job! You’re ahead of many other people who haven’t gotten around to it yet, and your family will have the support and information they need if something happens to you. If you still need to set up some documentation in California, take a…

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Accidents with an Uninsured Driver in California

No matter how carefully you drive, accidents happen. You can’t control every factor around you, such as road conditions and other drivers. The State of California requires that everyone who operates a vehicle must have proof of financial responsibility, such as automobile liability insurance. However, studies by the Insurance Research Council have shown that as many…

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Payless ShoeSource Files Chapter 11 Bankruptcy

Brief History of Payless ShoeSource Payless ShoeSource is an American discount shoe retailer based in Topeka, Kansas. Cousins Shaol and Louis Pozez established the company in 1956. The stores became more widespread in the 1980’s as a result of its Pro Wings brand. These shoes were notable for the use of Velcro instead of shoelaces.…

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California Estate Planning Documents

Every estate plan is different, but there are general steps to take to ensure that you and your family are prepared for the worst. Documentation is necessary to properly manage how your finances and health care are handled after you can no longer do so yourself. It’s important to ensure that all of your wishes…

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Is It Time For Bankruptcy?

Deciding whether or not to file for bankruptcy is a stressful and complex situation that is further burdened by social stigmas. Nevertheless, bankruptcy might be the right choice for you. Many people believe that by filing for bankruptcy, they will never be accepted for loans again, but this is not true at all. Your bankruptcy…

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RadioShack’s Rollercoaster History of Boom and Bankruptcy

The Beginning RadioShack is an American chain of electronics stores that has experienced both highs and lows throughout its long history. Brothers Theodore and Milton Deutschmann founded it in 1921 to sell ham radio equipment. The company originally consisted of a single location for retail and mail order sales. RadioShack issued its first catalogue in…

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Collectibles, Art, Antiques, and Capital Gains Tax

Almost every asset that can be sold will also be taxed, including valuables such as antiques, fine art, and collectibles. In fact, the rate of federal taxation on collectibles is one of the highest for investment property. When you plan your estate, it is important to take this taxation into account. You should not leave…

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