How to Protect Your Parents From Financial Scams
Scam artists often target older adults because they may hold significant levels of wealth, but there are ways to reduce the risks.
Scam artists often target older adults because they may hold significant levels of wealth, but there are ways to reduce the risks.
With increasing interest rates from credit cards and traditional forms of loans (and the rigid credit ratings to boot), one may opt for choosing a loan that is convenient, fast, easy and with lower interest. However, one must carefully study such arrangements because every loan has its catch. Today Iâll introduce you to a âconvenient, […]
The post Figure Home Equity Line of Credit Review | HELOC appeared first on Good Financial Cents®.
When making an estate plan, using a trust is a way to make passing assets â including both cash and physical assets â a bit easier. In fact, when using a trust, you can often allow your family to avoid ⦠Continue reading â
The post Do You Have to Pay Taxes on a Trust Inheritance? appeared first on SmartAsset Blog.
Following the recent bank collapses thereâs good reason to be concerned about how much of your money is and isnât insured. The bad news: Just because an account is held by a bank doesnât automatically mean itâs insured. The good ⦠Continue reading â
The post This Move Lets You Insure $1.5 Million or More at a Single Bank appeared first on SmartAsset Blog.
The concept of a family trustâalso known as a revocable living trustâisnât very well understood by many people. The differences between a trust and a simple will, for instance, are frequently confused. While itâs somewhat more time consumingâand therefore, more expensiveâto have a family trust prepared than a will, there are significant benefits of the […]
The post What Is a Family Trust and Should You Set One Up? appeared first on Good Financial Cents®.
Estate taxes are a form of transfer tax that affects the very wealthy. For multimillionaire households, avoiding the estate tax is a significant issue. One tool that households can use to try to minimize their estate tax liability is the ⦠Continue reading â
The post How to Avoid Estate Taxes With Trusts appeared first on SmartAsset Blog.
Establishing a trust as part of your financial plan is something you might consider if you have extensive assets or simply want a measure of control over how those assets are managed after youâre gone. When creating a trust, there ⦠Continue reading â
The post Beneficiary vs. Trustee: Estate Planning Guide appeared first on SmartAsset Blog.
There comes a time in all of our lives when we have to say goodbye to a family member or friend. If you were close with the person who passed away, you might discover that theyâve left you something in ⦠Continue reading â
The post What You Need to Know About Inheritance Tax appeared first on SmartAsset Blog.
Living Trust Definition A living trust is a legal document that handles the management and distribution of your assets after you pass away. What will happen to your assets when you pass on? Who will be the recipient(s) of your possessions? Are there any contingencies for the inheritance tax of your assets? Who will manage
The post Living Trust: What Is a Living Trust + Do You Need One? appeared first on MintLife Blog.
Zillow real estate investment writer and long-term investor Leonard Baron, MBA, is answering questions from MintLife readers. If you have a question about investment properties, cash flows, insurance, mortgage financing, homeowners associations, renting versus owning, foreclosures and more, drop Leonard an email. Rental Property Deal Below Comparables Martin of Seattle, WA asks: I am in contract
The post Real Estate Investing Q&A: Should I invest in a rental priced below comparable properties? What about revocable trusts? appeared first on MintLife Blog.