Imagine waking up one morning and finding your home is worth about half what you paid for it the previous month. That’s exactly what happened to homeowners in Southern California in the late 1980s when two naval bases closed and thousands of workers were laid off. Everyone tried to sell at the same time, and [...]
Today on the Ilyce Glink Show, we discussed refinancing your mortgage, and how in my mind, a successful refinancing focuses on the refinancing trifect...
The crumble was delicious. Here's what it looked like. And, here's the recipe: 5-6 cups of whole fruit cut up. 10x6x2 pan 1/2 cup quick-cook oatmeal ...
When you own property and there's an easement next to it you may decide you want to one day buy the easement. But how can you buy an easement? To buy an easement, a good place to start is to figure out who owns the easement. You'll likely negotiate differently depending who owns the easement, whether it's an individual or a company. You also need to consider the purpose of the easement, before you try to buy it.
When you receive an inheritance, you may be wondering how it will be taxed. The amount of taxes you pay depends on the total amount of the estate: if it's less than $3,500,000 then you won't have to pay federal estate tax. Inheritance taxes also depend on the structure of the assets; investments held outside of a retirement account, for example, aren't taxed until you sell them. Learn how having property in a trust may help you to avoid probate.
A near-retiree can't use her retirement savings for a few years, but is ready to quit working and wants to know what her options are for health insurance. Health insurance is expensive, but COBRA and the AARP may be options. Not having health insurance could be financially detrimental.
