I had a client in this week for her annual review of her fully-funded trust-based estate plan. She asked me about other types of planning by acquaintances about which she has become aware, and the issues that may arise as …
9 Situations in Which Your Mortgage Lender Cannot Call Your Loan
Last week, we discussed how most all mortgage loans nowadays, including home equity loans and lines of credit, have due-on-transfer clauses, which are also call due-on-sale clauses. If ownership of the property transfers from the borrower to someone else by …
What Do We Do With the Deceased’s Home and Car Loans?
We regularly get families of the deceased come into our offices wondering if they have to pay off Mom or Dad’s mortgage or car loan. The answer is not always so simple. It is going to depend upon whether the …
How a Young Adult can Retire as a Millionaire
Are you or a loved one under age 35? For most young adults, planning for retirement is one of furthest things from the mind. But it shouldn’t be, because young adults have a very valuable asset that those of us …