Read Past Q&As
Submitted Jul 27, 2016
My grandaughter will be entering her sophmore year at a private college this summer. When she started last year I co-signed for her Sallie Mae loan and will do so for all 4 years. I would like to pay $250 per month against her loans until she graduates so her total debt is lower. (1)As the co-signor can I make such payments? (2)Will the payments impact her and/or...
Submitted Jul 19, 2016
When applying for Medicaid in Florida, what are the financial records necessary? How far back do I have to provide my financial records? I have been told - 3 months.. others say 5 years.
Submitted Jun 26, 2016
I happened upon the 360 degrees of Financial Literacy retirement calculator found at: http://www.360financialliteracy.org/Topics/Retirement-Planning/Retirement-Planning-Basics/Retirement-Shortfall. I have a question. How is one’s Social Security income during retirement taken into account in this calculator? For example, it asks for retirement savings as a...
Submitted Jul 8, 2016
I have been supporting my mother financially since 2000. I was paying for everything, to include the mortgage on the house and all that comes with it, food, utilities, cable, phone, her dental care and some doctor visits. I also went into debt to pay some of her dental bills, and I was paying for health care before she was approved for SSI. She has just recently...
Submitted Jul 20, 2016
A friend's husband had purchased a $15,000 life insurance policy. About 18 months ago he increased the face value to $100,000. He recently passed away and now his widow is about to lose their house because she is $10,000 behind in house payments. The insurance company is "investigating" because the face value was increased less than two years before his death. ...
Submitted Jul 22, 2016
My son passed away at 24 years old . His daughter was born two months later. He has not worked that much. Can the child get social security?
Submitted Jul 24, 2016
I am selling my house and moving out on 7/20/16. For 30 days, my personal property will be in storage and I will be living with friends. On 8/23/16, I will close on my new house and begin moving my possessions from storage into my new address. How will I insure my personal property, roughly $100,000 for the 30 days when I am staying with friends?
Submitted Jul 12, 2016
Would you point me to a retirement calculator for a couple that allows for income and expense stream change upon the death of one person?
Submitted Jul 9, 2016
my wife and i owned a term life insurance policy which was paid up. However, we could not continue paying or renew the policy. The policy was cancelled. Can we claim to get some money back from the insurance company, after paying into this policy for more than twenty (20) years?
Submitted Jul 12, 2016