Who Can Help Me Plan For My Financial Future?
"Who can help me plan for my financial future?" is the question of the week. Building a home-buying team will help you buy the right house, whether you're a first-time buyer or trading up into a larger home. Building your financial future requires more. Q: Who can help me plan for my financial future, including [...]
How Much Does it Cost to Own a House?
How much does it cost to own a house? Inheriting a house that you haven't lived in may mean you'll face unknown expenses. What else can you do? Q: My widowed sister owns a modest home in DuPage County, Illinois. It’s entirely paid off. Her intent is to leave her house to me–she has no [...]
Is There a Tax on Cash?
Is there a tax on cash? What about a cash inheritance? How do I understand what tax my father-in-law owes on his cash? Q: My wife's father is close to death and he has moved all of his investments into his bank in the form of cash. He said that was done to help my [...]
What if I have no heirs?
What if I have no heirs? A reader doesn't love his family enough to leave them his assets. Now what? Q: What choices are there for a person with no immediate heirs, who doesn't want the house and other assets to go to the cousins? Who or what can inherit? What happens if a person [...]
Money and Credit Resolutions for 2022
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 [...]
Should I set up a trust or use a transfer-on-death (TOD) deed?
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: [...]