Irrevocable Trusts Are All About Who Has Control, Five Ways to Make Retirement Less Scary, What to Include in a Letter of Wishes

If You're Preparing to Move, Should You Buy or Rent? | Three Steps for Women to Take Control of Their Finances | A Letter of Wishes: No Legal Power But Powerful Anyway Created for {EMAIL} | [Web Version]( May 1, 2024 CONNECT WITH KIPLINGER  [LinkedIn]( [Facebook]( [X]( [Building Wealth]( [Youtube]( [Building Wealth]( [SIGN UP]( ⋅ [WEBSITE]( [] Financial Planning [] [If You're Preparing to Move, Should You Buy or Rent?]( [If You're Preparing to Move, Should You Buy or Rent?]( (Getty Images) Both prospects are expensive these days, but financial professional and attorney Justin Stivers poses several questions that you can ask yourself to help you [decide what's right for you](. [] Women & Money [] [Three Steps for Women to Take Control of Their Finances]( [Three Steps for Women to Take Control of Their Finances]( (Getty Images) These strategies, courtesy of financial adviser Emily Glassman, are especially for women who are new to [managing their money]( because of divorce or the death of a spouse. [Should I Convert My IRA to a Roth After Age 60?]( Looking for help with your retirement planning strategy? Consulting a financial advisor can be a great first step to helping make sure you're on track to meet your retirement goals. Try SmartAsset's free quiz to get matched with up to 3 vetted financial advisors serving your area. [Get your matches today]( ADVERTISEMENT [] Family Matters [] [A Letter of Wishes: No Legal Power But Powerful Anyway]( [A Letter of Wishes: No Legal Power But Powerful Anyway]( (Getty Images) A letter of wishes lets you explain, in plain language, your intent behind your estate documents, potentially [heading off any misunderstandings or disputes](. Financial adviser Steve Lockshin goes into what you might include. Featured Content Sponsored Content from Kiplinger Advisor Collective [Expand Your Influence in the Financial Industry]( Join the Kiplinger Advisor Collective: the ultimate platform for financial experts. Network, build your brand, and share your expertise with readers. [Inquire Now]( [] Estate Planning [] [With Irrevocable Trusts, It's All About Who Has Control]( According to estate planning attorney Rustin Diehl, an irrevocable trust must be carefully funded, structured and managed to achieve both asset protection and tax planning. [Read More]( [How to Help Your Retirement Savings Last]( Spending your hard earned retirement money can be complicated—and it's important to make the right decisions that will help your savings last. Vanguard Personal Advisor is built to provide you an ongoing collaboration with our professional advisors — so you can retire with the support you need. [LEARN MORE]( ADVERTISEMENT [] Retirement Planning [] [Five Ways to Make Retirement a Little Less Scary]( To avoid lying awake at night once you're retired, consider having these strategies from financial planner Evan T. Beach in place before you take the plunge. [Read More]( [Veterans: Unlock VA Homebuying Benefits]( The VA Loan is a powerful homebuying tool for Veterans and military families. Talk with one of our experts to find out how to use your VA benefits to purchase a home in today's market. 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