Retirement, Investing and Budget Expert
Ashley Chorpenning is an experienced financial writer currently serving as an investment and insurance expert at SmartAsset. In addition to being a contributing writer at SmartAsset, she writes for solo entrepreneurs as well as for Fortune 500 companies. Ashley is a finance graduate of the University of Cincinnati. When she isn’t helping people understand their finances, you may find Ashley cage diving with great whites or on safari in South Africa.
Posts by Ashley Chorpenning:
A survivorship clause in a will or trust stipulates that beneficiaries can only inherit if they live a certain number of days after the person who made the will or trust dies. These clauses aim to avoid situations where your assets would pass under your beneficiary’s estate plan, not yours, when the beneficiary only outlives you by a short time. While these situations are rare, you may want to consider adding this provision to your will or trust. Read more
Many people are unaware that you don’t have to wait until death to give or receive an inheritance. If you want to start giving to your heirs early, there are several ways you can do so. If you’re considering granting an early inheritance, here’s how gifting can be used to help your heirs achieve financial security before you pass away. Consider working with a financial professional to incorporate estate planning into your financial plan. Find a financial advisor today. Read more
When shopping for a healthcare plan, you’ll want to compare costs, size of the network and the flexibility of various plans. Two common types of healthcare plans are health maintenance organization (HMO) plans and preferred provider organization (PPO) plans. They differ in key ways that make them suited to different types of healthcare consumers. To help you determine which plan is right for you, here’s a breakdown of what each plan entails and the key differences. Read more
The Caribbean offers a sunny oasis for retirees. With the laid-back lifestyle, affordable healthcare, and tax incentives, retirees are drawn to the Caribbean islands. But before you throw your winter… Read more