Tuesday, July 19, 2011

Unpleasant but Important

1 - This debt ceiling business NEEDS to be resolved -- and soon. While observers have watched with sanguine hopes of an agreement, time continues to slip by. This week's article (following the week's economic news) discusses the ramifications of the situation and what might happen if no agreement is reached by August 2.

2 - Social Security is like the weather: everybody complains about it, but nobody does anything to fix it. Scroll down to read a bonus article that explores the various painful options for dealing with this vital but thorny issue.

3 - Here's a lesson for anyone without a clear-cut estate plan: Even as 94-year-old Zsa Zsa Gabor lies on her deathbed, her ninth (and presumably last) husband is gearing up for a legal battle against heirs from previous marriages. While most of us have had a far more limited array of spouses, it still behooves us to have our wills, trusts, etc. in order.

Have a great week!


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