Dear Liz: My sister and her husband are in their 80s. They are not in the greatest health but still able to live on their own. They’ve had some bad luck financially in the past. Last year they decided to convert part of their property to serve as a short-term rental. I questioned the advisability […]
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Q&A: When to consider creating a trust
Dear Liz: You’ve written about trusts recently, but I’m confused. What are the benefits of creating a trust and putting all of your assets in it? Does it make sense for someone in their 30s and without any major assets, such as a house, to create a trust? Will I need to create a new […]
Friday’s need-to-know money news
Today’s top story: How to throw a blockbuster Oscar bash on an indie budget. Also in the news: Checking out your hotel room for safety, the stock market is back on the roller coaster, and why paper bank statements aren’t done just yet. Throw a Blockbuster Oscars Bash on an Indie Budget The award for […]
Thursday’s need-to-know money news
Today’s top story: Why tax refunds aren’t fun anymore. Also in the news: 12 first-time home buyer mistakes and how to avoid them, 9 easy ways to earn travel rewards you’ll actually use, and Equifax says hackers stole more info than previously reported. Why Tax Refunds Aren’t Fun Anymore No more splurging. 12 First-Time Home […]
Wednesday’s need-to-know money news
Today’s top story: It’s tax scam season. Here’s when to call shenanigans. Also in the news: Starting with a budget when planning a wedding, how to find good, cheap stocks, and a major data breach at the Marine Forces Reserve. Planning a Wedding? Start With the Budget Setting reasonable expectations. It’s Tax Scam Season. Here’s […]
Tuesday’s need-to-know money news
Today’s top story: What every first-time flyer needs to know. Also in the news: 4 steps to finding good, cheap stocks, how to buy a house that hasn’t been built yet, and a surprising source you can tap for long-term care services. What Every First-Time Flyer Needs to Know Review these steps before takeoff. 4 […]