Read Past Q&As
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
Although I am retired, I am a sculptor and wish to gift 50% of profits from a specific work to an organization to help raise funds and awareness. How will the profits from the sale of this work be taxed in Oregon. If it depends on setting up a type of business as a tax shelter verses operating as a sole proprietor out of a home-based studio, please advise how I can...
Submitted May 31, 2016
Hello, I recently just started self employment and wanted to see if I could get a bit of information on how the tax and deductions work for us freelancers. I may look for an accountant down the road, but answers to these questions would help tremendously. - Do I have to file quarterly during my first year of self employment or will I file at the end of year...
Submitted Jun 3, 2016
My brother died of AIDS in 1993 or 94 in Dallas Texas, he was employed at Union Jacks in Dallas. He went on disability some months prior to his death but I believe before that the company's health and life insurance canceled all of the AIDS patients that worked there. Was this legal? I believe he had a policy of 10K thank you for your help
Submitted Jun 24, 2016
I want to improve my credit score with the intent of purchasing a house. I have 5000 in credit card debt and 90000 in student loans, only 1000 in savings. After 3 years of college and 2 years of practice in medicine, I am finally becoming financially stable--meaning steady biweekly income and being able to pay my monthly bills. If I have $500-1000 extra a...
Submitted Jun 22, 2016
When receiving SS retirement benefits before your Full Retirement Age, benefits are reduced by earnings over a certain amount. If federal income taxes are filed jointly with a younger spouse who has not yet claimed retirement benefits, will the joint earnings or only those of the retired person be used to determine the reduction in benefits?
Submitted Jul 4, 2016