Dear Liz: Someone who expects to be an executor recently wrote to you about a plan to distribute individual pieces of art to family members. Your response addressed the executor’s responsibility to determine the art’s worth before doing so. You also suggested having the parent designate what was to go to whom. What would the […]
Recent Blog Posts
Q&A: Windfall creates Medicare headache
Dear Liz: A couple of years ago, I was forced to receive a windfall by the sale of a company in which I held stock. Besides taking a huge tax hit, I just got my Social Security estimate for 2021 in which my Medicare bill went up by 47%. This year my income will go […]
Q&A: How to help your adult kids build their own credit
Dear Liz: My first house is paid for, and my oldest daughter and her husband are living there now. I added her name to my credit card, which is paid in full every month, but otherwise she hasn’t established any credit. I have been paying the utilities up until now, but they are going to […]
Friday’s need-to-know money news
Tonight’s top story: 3 ways minority-owned banks make a difference in America. Also in the news: How much interest you can earn on $100, $1000, or $10,000, 10 money insights from 25 years of financial writing, and get guaranteed price matching at these retailers for your holiday shopping. 3 Ways Minority-Owned Banks Make a Difference […]
Thursday’s need-to-know money news
Today’s top story: Life and money lessons from the pandemic. Also in the news: Life insurance shoppers lose interest when COVID-19 cases drop, how to save the holidays, and how to spend your extra FSA money. Life and Money Lessons From the Pandemic We’ve taken stock of procrastination’s costs, embraced virtual work and play, and […]
Wednesday’s need-to-know money news
Today’s top story: 4 DIY home improvement projects to avoid. Also in the news: How to make use of the points and miles from a deceased family member, 10 tips for winter RV road trips, and how to make money by putting ads on your car. 4 DIY Home Improvement Projects to Avoid For these […]