When facing a potential liability lawsuit, it’s important to take immediate action to protect the rest of your assets. Here’s where to start. Q: My brother and I have owned a rental property together for more than 15 years. There is a current mortgage, and both of our names are on the mortgage and on [...]
Since Hurricane Harvey hit, the news coming out of Texas and Louisiana has been heartbreaking. Some people survived Katrina only to be caught up in another catastrophic storm, and others not only lost property, but family and friends as well. The victims continue to be in our thoughts and prayers. If you’re in a position [...]
If you’ve paid off the mortgage, you might be ready to celebrate. Except don’t get too excited: While you’re done with the mortgage, and hopefully your home equity line of credit, you won’t be living in the house for free. Here are four post-mortgage expenses every homeowner has to handle and a few things [...]
Owning and operating a car isn’t cheap. Aside from paying for gas, maintenance, and repairs, you’ll likely need to buy an auto insurance policy. According to the National Association of Insurance Commissioners (NAIC), most states require some form of auto insurance. Among other factors, insurance companies look at who you are and how you drive [...]
According to statistics compiled by People For Bikes, a nationally recognized movement to promote the benefits of cycling, Americans spend $81 billion annually on biking. Buying a bicycle can be an expensive endeavor: A low-end model can cost hundreds, and for the more serious rider, a high-end bike can cost thousands. Whether you’re commuting to [...]
When buying car insurance, it’s important to understand the factors that can affect your premium rates and coverage. But how can you tell the difference between truth and fiction? A good place to start is by reading the following on the five common myths about auto insurance. Myth 1: It’s all black and white During [...]
A couple of weeks ago, a 40-something friend of mine gave me the dreaded news: She has an aggressive form of breast cancer, and her prognosis is grim. She worries about who will take care of her 6-month-old son and 4-year-old daughter and how her husband will juggle it all if she’s not there to [...]
The Affordable Care Act (ACA) allows you to add or keep your adult children on your health insurance until they turn 26. However, not every child needs this help, and in some cases you may want to consider removing them from your plan. Keeping adult children on your health insurance as long as possible may [...]
In some locations, allowing someone to hunt on your land requires none of the licenses or permits that being allowed to hunt does; in fact, in some places all that’s legally required is the landowner’s permission. But permitting others to hunt on your land can carry liability risks that a simple insurance policy can help [...]
By the time you have saved for your down payment, put funds in escrow for your dream home, and paid for a home inspection or survey, you may be in the mood to conserve some cash. But if skipping the purchase of title insurance seems like a good idea, you might want to think twice. [...]
