Everything You Need to Know About Making a Will

Making a will comes with a lot of mixed emotions. After all, by doing so you're not only acknowledging the end of your life, but actively planning for it. That might explain why so many adults avoid this cornerstone of estate planning. According to an AARP survey, 2 out of 5 Americans over the age of 45 don't have a will. However, creating a will is one of the most critical things you can do for your loved ones. Putting your wishes on paper helps your heirs avoid unnecessary hassles, and you gain the peace of mind knowing that a life's worth of possessions will end up in the right hands. Before you think about making your will, brush up on everything you should know about making a will with the help of Larry Miller Jr., of Miller Law Group.

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Larry Miller Jr. - 17 Years' Experience in Estate Planning & Wills

Get to Know Larry Miller, Jr. Beka Shea sits down with Larry Miller Jr., Owner & Managing Partner of the Miller Law Group, PLLC in Reading, Pennsylvania. Miller Law Group has 40 years’ experience serving clients in Berks County so it's no surprise that we contacted them to gain some insights about the ins and outs of estate planning. Check out the intro video below! To learn more, or contact Larry Miller Jr., visit https://millerlawgroup.net/

5 Ways To Use Your Home Equity For Retirement Income

If you haven't saved as much as you wish you had, but you own your home, you have options when it comes to your retirement income. Consider these 5 ways to turn your home into a retirement income stream. Talk with a financial advisor and tax professional to get personalized advice before making any financial moves. 1. Downsize your Home and Invest the Proceeds. Once you stop working, sell your home, buy something smaller and less expensive , then take your gains from the sale and invest them to provide an income stream. A smaller place can be less expensive to maintain, too. Property taxes may be lower on a less expensive home, since they are usually based on a percentage of the value of the property. Heating or cooling a smaller space can be cheaper, too. Alternatively, you could rent! The downside of renting is having to write a check to your landlord every month. The upside is you invest the entire proceeds of your home sale to work for you. 2. Sell your house and move to an i...

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