Start Saving For College At Your Child’s Birth
How soon should you begin saving money so you can send your child to college? The best time to start saving for college is when your child is born. Saving for college beginning at birth gives you time to invest money in mutual funds and stocks. The sooner you begin saving money for college the more money you should have for your child's college education.
Financial Planning With An Unsteady Income
It's hard enough to sit down and create a financial plan when you have full-time job generating a regular income. Add an unsteady income and financial planning becomes an even bigger chore. Sometimes it takes a little unconventional investing and sometimes using an investment firm to help with that financial planning to make your retirement secure.
Revocable Trust Administrator Duties
If you're thinking of setting up a revocable trust for a parent or have been asked to be an administrator of one, you will need to make sure you retitle assets that are placed in the trust. Assets include primary residences, vacation properties or even stocks and bonds. Trusts are often used in estate planning.
Netspend Stored Value Cards
The Netspend card is a stored value card. It looks like a credit card, but acts like a debit card. However, instead of being tied to a checking account, you have to load up the card with cash before you use it. Here are a few of the new Netspend features.
Revocable Trust Can Meet Estate Planning Needs
How can you ensure that your investment property gets transferred to the correct heir in the event of your death? Is there a way to meet your estate planning needs and still allow you to enjoy the investment property's income while you're alive? A revocable trust may be able to meet these estate planning needs.
Paying For Long Term Care With Property
A trust can be used to shelter assets and give ownership to the trustees of the property, or other assets. However, if the previous owner goes into nursing home care soon after the trust is set up, it can be undone by the state to pay for the original owner's care. While using cash or other assets to pay for long-term care isn't as appealing as having Medicaid pick up the bill, that's what assets are there for.