How do you execute a living trust after the death of the trustee? What is the trustee's job with the living trust? How do you manage expenses with a living trust? Q: Before my father died, he and his second wife established a living trust for their house. In the trust document, my stepbrother and [...]
Neighbor's House Fire Damaged My House. Is our Neighbor Liable for the Damage? Q: We live in a townhouse. The unit attached to ours had a major fire. The fire also caused considerable damage to our home. We have been in temporary housing for the last 17 months waiting for our home to be restored. [...]
Can I have two main residences? This reader wants to know if she can have two main residences. The IRS only permits each person to have one primary or main residence. You need to pass the IRS test (see below) to tell which is your main residence. Q: My husband was laid off several years [...]
Should You Plan a Move Before Retirement? How to handle a sale and purchase of a new home and move before retirement? Q: I used to listen to you on the radio in Atlanta and I’m hoping you can help me now. My husband is 65 and I’m 63. We live in a home that’s [...]
As we move into Year 3 of the Pandemic, America's personal finances seem to have improved. With that in mind, we offer some Money and Credit Resolutions for 2022. Sign up for Ilyce Glink's Love, Money + Real Estate newsletter for access to more stories like these. Here’s a guess: there aren’t many of us [...]
Electric Car Charging Stations: an Update As we enter 2022, there has been a surge of interest in electric cars. In 2018, there were a million electric cars on the roads in the U.S. Last year, Tesla sold more than one million cars. General Motors announced a big move into the electric car space. PolicyAdvice [...]
.Covid is a trend accelerator, and in this third part of real estate trends, you'll see Covid and the Pandemic reflected everywhere. Read more about Real Estate Trends you’ll be seeing in 2022 and sign up for Ilyce Glink’s Love, Money + Real Estate newsletter for further real estate trends and insights. Last week, we covered [...]
Covid has changed the world, and the real estate trends for 2022 reflects this state of the world. Read more about Real Estate Trends you'll be seeing in 2022 and sign up for Ilyce Glink's Love, Money + Real Estate newsletter for further real estate trends and insights. If only we could foretell the future, [...]
Should I set up a trust or use a transfer-on-death (TOD) deed or instrument? That's what one of Ilyce's readers wrote in to ask how she should manage her estate. To read more Q&A like this one, sign up for Ilyce Glink's Love, Money + Real Estate newsletter. Should I set up a trust? Q: [...]
Are you thinking about renting a home without seeing it? Covid has changed the way people buy and rent their homes. But when you buy or rent a home sight unseen, it can turn out to be far different than you expect. We don't advise renting or buying a home without seeing it in person. [...]
