Wednesday, June 29, 2011
Alternatives to Bank Financed Reverse Mortgages
As banks exit the reverse mortgage business, children may enter into reverse mortgages with their parents who are home equity rich, but income poor.
Wednesday, June 22, 2011
Eat Your Broccoli and Take Your Required IRA Distributions
If you turn 70 1/2 this year, be sure to take your required minimum distribution from your IRA. The failure to do so will result in a 50% penalty.
Tuesday, June 7, 2011
100% Estate Tax Rate?
Megan McArdle makes an argument for a 100% estate tax rate. The first time I heard this argument was from my estate planning professor in 1986. I thought it was ludicrous then and I find it even more troublesome now.
Sunday, June 5, 2011
Women Suffer Most When Couples Fail to Plan
If couples do not have proper financial planning, the woman is most often hurt the most and her lifestyle will be reduced permanently.
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