Dear Liz: I have met with a financial advisor, but he wants every investment to go through him. Although he is an advisor, he works for a company and wants me to buy their products. I’m a little resistant about this. What’s your advice? Answer: Anyone can call himself or herself a financial advisor or […]
Recent Blog Posts
Q&A: Cleaning up your credit score
Dear Liz: I have several small dings on my credit. I’m now in the position to pay them off, but how do I know my credit will be improved? Should I call the companies and ask if they will remove it if I pay in full and get it in writing? Answer: Paying off collections […]
Q&A: Avoiding estate taxes
Dear Liz: You recently answered a question about what a wealthy couple could do to reduce future estate taxes, and you mentioned the annual exclusion. They also could pay education and medical expenses for anyone, and there’s no annual limit. Answer: Absolutely — and the couple’s estate planning attorney almost certainly would have informed them […]
Friday’s need-to-know money news
Today’s top story: IRS changes you should know about before filing taxes. Also in the news: How to avoid your parents’ money mistakes, how to avoid tax scammers, and what to do when you’re struggling with student debt. IRS Changes You Should Know About Before Filing Your Taxes New rules for the new year. How […]
Thursday’s need-to-know money news
Today’s top story: How to manage your investments during the Trump presidency. Also in the news: How to dig out from December’s debt, why ‘Buy Online, Pick Up in Store’ is a double-edged sword, and the first thing you should do after paying off a big debt. How to Manage Your Investments During the Trump […]
Wednesday’s need-to-know money news
Today’s top story: 3 things you should know about the Dow hitting 20,000. Also in the news: Starting 2017 with a financial cleanse, how to protect your finances during a divorce, and tax-preparation tips for early birds. 3 Things You Should Know About the Dow Hitting 20,000 Breaking the 20K mark. Start 2017 With a […]