Q&A: Naming co-executers

Dear Liz: Is it legal for my parents to appoint me co-executer of their estate, along with my sister, without asking me first if I was okay with this, and keeping me as co-executer after I told them I do not want the responsibility? My sister is more intelligent and competent than I am and would […]

Continue reading...

Q&A: Social Security survivors benefits

Dear Liz: My husband and I were married after dating for over four years, but he died suddenly on our honeymoon. When I got home, I was told by our local Social Security office that I did not qualify for survivors benefits because we were not married long enough. I am going to be 66 […]

Continue reading...

Q&A: Removing a quit-claim house mortgage from your credit

Dear Liz: I recently divorced and quit-claimed my house over to my ex-wife. She has been making all the payments on time but the mortgage still shows up on my credit. Because of this, I can’t borrow as it is considered my indebtedness still. Do you know of anyway of having it expunged from my […]

Continue reading...

Friday’s need-to-know money news

Today’s top story: Financial planning for the 21st century. Also in the news: Tips for buying life insurance with a pre-existing condition, mistakes people make when buying furniture, and the best new car deals for Labor Day weekend. Financial Planning for the 21st Century Catching up with the future. 7 Tips for Buying Life Insurance […]

Continue reading...

Thursday’s need-to-know money news

Today’s top story: 6 ways you’re sabotaging your mortgage preapproval. Also in the news: the top 10 car buying apps, how to keep from going broke when you get divorced, and your financial to-do list for September. Stop! 6 Ways You’re Sabotaging Your Mortgage Preapproval Stop it! 10 Top Car-Buying Apps Savings at your fingertips. […]

Continue reading...

Wednesday’s need-to-know money news

Today’s top story: 7 ways to cover the cost of emergency home repairs. Also in the news: How to buy a home with a low down payment, breaking up with your credit card company, and 5 ways to save on Medicare. 7 Ways to Cover the Cost of Emergency Home Repairs What to do when […]

Continue reading...

Tuesday’s need-to-know money news

Today’s top story: What to know about cash-back shopping websites. Also in the news: Tips to slash unnecessary monthly expenses, what you need to know about online bill pay, and the factors that affect your credit card’s interest rate. What to Know About Cash-Back Shopping Sites Getting rewarded for shopping! 4 Tips to Slash Unnecessary […]

Continue reading...

5 money myths you probably believe

Managing money can be complicated, and myths are often born from people’s struggles to make it simpler. But simplistic solutions can cost you instead of saving you money. If you believe any of these five money myths, it’s time to take a closer look at the financial realities. In my latest for the Associated Press, […]

Continue reading...

Monday’s need-to-know money news

Today’s top story: Mortgage application forms will look different next year. Also in the news: 5 times you shouldn’t use a credit card, why you should say no to 72-84 month auto loans, and why you need to stop being delusional about debt. It’s Coming: The First Change to Mortgage Application Forms in 20 Years […]

Continue reading...

Q&A: How to get rid of home-equity loan headaches

Dear Liz: We have taken several withdrawals from our home equity line of credit. Now the balance is close to $100,000. It’s the interest-only type. We don’t know how to pay off this amount systematically. Can you help? Answer: As you’ve discovered, it’s not a good idea to pledge your home as collateral when you don’t […]

Continue reading...