If you are planning to transfer ownership of your home to your children, there are risks involved and options you can consider. Whether it is for wealth-preservation or tax-avoidance many people decide to transfer ownership but sometimes there are matters they are not considering. For example, if a spouse gets divorced, their ex-spouse could have a claim to your property. We recommend to place your home in a trust containing a “spend thrift provision”. This provision gives the trustee the authority to distribute or not with the trustee obligated to act in your best interest.

Which state has the highest “Healthy Life Expectancy” and where is New Jersey on the list?“Healthy Life Expectancy” means at what age the average resident of that state lives healthfully.51: Hawaii: Keep the luaus coming; Hawaii is the top state for healthy life expectancy (HLE) with an average of 81.2 years, according to the CDC48. Florida: Most of the southern states did not stack well however Florida was the fourth hightest HLE in the country at 80.4 years.21. New Jersey: New Jersey averages 79 years of HLE, according to the CDC.1. Mississippi: The Magnolia State averages a country-worst 75.8 HLE, according to the CDC. See the complete article here: http://www.weather.com/health/worst-states-long-life-20130724?cm_ven=Email&cm_cat=article_share

Many people choose to leave part or all of their estate to charities. They do this either to honor a loved one or possibly to keep money out of the hands of someone they deem not worthy. However, what if the charity they choose is putting it right into the hands of such persons. Charities are a business like any other business. They have expenses and overhead. However some charities or not for profits, seem like that is all they are in it for, the business. There was an article published recently that publicly names the 50 worst charities, http://www.tampabay.com/topics/specials/worst-charities1.page. See who topped the list.