There are many inheritance scenarios, where people hope that a simple solution will save them time and money. Unfortunately, that’s not always the way estate or tax laws work. A woman received joint ownership of her father’s house about a decade ago. Her father is still living there, and so…
Sounding more like their great grandparents than their parents, millennials say they’d rather buy real estate than invest in markets. However, they might be heading in a dangerous direction. When Bankrate asked more than 1,000 Americans where they would prefer to invest money—long-term funds that they don’t need for another…
If you’ve got a fair amount of equity in your home and no other way to cover a healthcare cost or if the bills are coming in faster than your retirement accounts can manage, it might be time to consider a reverse mortgage. For retirees in a financial tight spot,…
How home ownership is titled, or how it is described on the title to the house, can have far reaching implications that may not come into play for decades. Deciding how the owners of a home will hold title to it, is a much bigger decision than most people think,…
Life insurance can be useful in paying off debt, covering funeral costs and serving as a useful resource so that estate proceeds or any one person’s savings don’t have to be tapped. Life insurance may be the least sexy part of the transition from one farming generation to another, but…
Here is a helpful checklist of the top ten ways to keep your estate plan current. Review your existing Will and any trust agreements. Over the course of a year our personal and our professional lives can change dramatically. Tax laws and regulations are also subject to change as new…
If you think of retirement as a one-time purchase, it is the biggest thing you’ll ever buy. Trying to pay for retirement without the funding, is asking for the impossible. Compared to buying a new car or a house, paying for retirement is the biggest purchase of a lifetime, according…
There are a number of tasks that need to be done after a loved one passes. A Houston estate planning attorney can help make these tasks easier. Most people don’t know that there is a time limit on certain tasks that need occur after someone passes away. According to WXYZ…
Passing your home to your heirs can occur in a number of ways, depending upon your situation and your family. It’s not a do-it-yourself project—even in the simplest cases. If you own a home and want to leave it to your loved ones, there are steps you need to take…
Whether for reasons of death or divorce, an estate sale can be an emotional roller coaster. Prepare yourself for challenges so that you are not taken by surprise when possessions unleash a flood of memories. It's not always easy to make rational decisions when handling the logistics of an estate sale, explains…