You have your CDs, stocks, bonds, mutual funds and other investments. You want to diversify your investments more with real estate. There are some real deals out there in the current bargain market. Just like with any other investment, with …
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Understanding Benefits for Senior Veterans Part I
According to Department of Veterans Affairs census estimates, if you are a veteran or a veteran’s single surviving spouse age 65 and older, you are part of a group that is approximately 13 million strong. Compared to a total of …
Putting your Financial House in Order in April
If you haven’t heard already, April is National Financial Literacy Month. You should expect to hear more about financial and estate planning during this month. The goal of Financial Literacy Month is to “alert, educate, motivate and assist the American …
Reasons to do Estate Planning
As of January 2, 2013, the Federal estate and gift tax exemption amount has been permanently increased. If you pass away in 2013 and your lifetime and after-death transfers are under $5.125 million, your estate passes to your loved ones, …
Planning Retirement With Social Security
Last week we talked about saving for retirement. Most people are aware that you need to save for retirement. However, it is a topic that is easy to brush aside to a later date. Although the subject is important, often …
Younger Adults How to Retire a Millionaire
Are you under 35? If you are like most young adults, planning for your retirement is one of furthest things from your mind. But it shouldn’t be, because you have a very valuable asset. That asset is something that those …
How Do You Get Into the Safety Deposit Box
You have a safety deposit box. Have you ever thought about what would happen if you were not around to access your box and your loved ones needed to get into it? Like many other assets, it depends upon the …
Elements of a Deed
The last few weeks, we have discussed the different types of deeds, the different types of ownership interests of a deed and the rights of deed co-owners. Today we will discuss the different parts of a deed. Most deeds start …
March Savvy AMT Relief in the 2012 American Taxpayer Relief Act
The recently enacted 2012 American Taxpayer Relief Act signed by President Obama January 2, 2013 is a sweeping tax package. It includes, among many other things, “permanent” relief from the alternative minimum tax (“AMT”) for individual taxpayers. Earlier temporary measures …
Deed Interests of Multiple Owners
The last two weeks, we have discussed different types of deeds and ownership interests. We have also been discussing how a small change in the words used on a deed can make a huge difference in the ownership interest conveyed …