You may be surprised to learn that even if you don’t have a written will, your state of residence has a plan in place for the disposition of your assets; this is called dying intestate. If you die without a will, your spouse won’t necessarily inherit your entire estate. State laws typically entail dividing the […]
For many, home ownership is considered part of the American Dream. Your home can also represent your largest financial asset. What happens when you spend down your retirement savings and your remaining assets are tied up in home equity? Income becomes an issue and you may be forced to sell your house; but what if […]
You recently graduated from college – you have your shiny new degree, a great job and are ready to tackle the world. Congratulations! Now is the perfect time to think about the best way to manage your newfound income. Maybe you’re living on your own and need help navigating your expenses. Perhaps you’d like to […]
If you happen to be charitably inclined there are a number of ways to stretch your contributions, reducing your tax burden and increasing funds to deserving organizations. Before writing a check, consider the following charitable contribution strategies: IRA Charitable Rollover Provision – Made permanent in December through the PATH Act of 2015, this law permits […]
Renovating your home is a great way to increase your equity and improve your current quality of living! Depending on your situation, you have a few options in financing these upgrades. Home Equity Loans – You may be eligible for a second mortgage based on your existing home equity. Home equity loans are paid in […]