Dear Liz: I understand that the profit realized on the sale of a home is not subject to tax, as long as that money is reinvested in another home. What if the couple divorces before or after the sale? If they split the profit from the sale and one or both put those funds into […]
Recent Blog Posts
Q&A: Remarrying late in life
Dear Liz: This is regarding the letter from the children worried about their widowed father remarrying. My father remarried a year after my mother died. He was 86. His wife and her family gave him love, care and companionship until his death at 93. I gained a wonderful new family whom I love. Once my […]
Friday’s need-to-know money news
Today’s top story: A good retirement savings option for the self-employed. Also in the news: Jobs that could mark you as a risk for late payments, what to ask before giving a cell phone as a gift, and the financial perks of not celebrating Christmas. A Good Retirement Savings Option for the Self-Employed Consider a […]
Thursday’s need-to-know money news
Today’s top story: Manage your debt for a smoother divorce. Also in the news: Giving your child the gift of stocks, how to donate credit card points and miles to charity, and six ways to make the most of your holiday bonus. Manage Your Debt for a Smoother Divorce Making a difficult situation a bit […]
Wednesday’s need-to-know money news
Today’s top story: How to make successful financial resolutions in 2017. Also in the news: 5 insurance coverage gaps that could cost you, what to know before giving and accepting money from relatives, and 10 psychological retail tricks that make you spend more money. How to Make Successful Resolutions in 2017 Stick with it. Insurance […]
Gift cards aren’t gifts
If it’s the thought that counts, then gift cards don’t count much at all. They’re popular, granted. Six out of 10 people responding to National Retail Federation surveys this year said they wanted to receive gift cards for the holidays, and more than half said they planned to give them. The rest of us may […]