An elderly couple has gotten into credit card debt after retirement. Credit counseling from a non-profit organization may be able to help. During a credit counseling session, they can receive coaching on how to manage their debt. Depending on the debt load, credit counseling can help you learn how to pay off your debt. Be careful to avoid scams from other companies claiming to offer help.
Women going through divorce may need advice about what to do about their house, especially if their names aren't on the deed or title to the house. When your name is not on a house deed, do you still have a right to part of the home value? To figure out how to handle such a divorce situation you should see a divorce attorney.
If you go through financial hardship such as bankruptcy you may decide to remove yourself from a property title. After your financial hardship (including bankruptcy) has passed, you may want to add your name back to the property title. Learn how you can add your name back to the title using another quit claim deed.
If you rent your home you should have renter's insurance. Less than half of renters have renter's insurance according to Allstate. Why is renter's insurance important? What does renter's insurance cover? Good renter's insurance will help you replace your belongings in case of a disaster.
When you sign a quit claim deed you relinquish ownership rights to a property to another person. If that person has you as the heir in his or her will you should get the property back. If you're not listed in the will, then the quit claim deed stands and the property goes to the heirs named in the will. To sort this out you'll need to review the quit claim deed and the will and possibly contact an estate attorney.
This morning on the show, John asked whether a married couple could open up multiple 529 college savings plans for a single child and take several $2,...
Good morning. Today on the show we'll recap the big news of the week, including the stock market movements, Fannie, Freddie and Indymac, and some of t...
Today on the Ilyce Glink Show, Ilyce talks about how she feels the stock market is still in gyration mode. Now that we fell below the 11,000 barrier, it could happen again. This might create a once in 30-year opportunity to buy equities, which is what she's doing. Find out how she's reorganizing her investment portfolio to take advantage of changes in the market. She also took questions on selling a home before buying, prenups, writing down of mortgage values, Fannie Mae and Freddie Mac, 529 college savings plans (and the tax deduction associated with them) and how to make sure that mortgage payments made in advance are really being credited to your account properly. For show notes and updates through the week, check out her blog at www.thinkglink.com/blog , and sign up for her free weekly newsletter on the ThinkGlink.com home page. Check out the videos at www.expertrealestatetips.net. And be sure to subscribe to her YouTube channel.
