Read Past Q&As
In 2008 i ran into a rough spot with my credit. I have a couple of charge offs . what is the best way to resolve this?
Submitted Aug 15, 2015
I want to fill application to fund my future grandchild (my son's child) college education. My son lives in CA state and I live in PA. Please let me know how to do this. Thanks
Submitted Aug 9, 2015
I have 8 student loans with Mohela/US Dept of Education, that I am currently repaying. I was 120 days past due for several months back in 2012, prior to that time and since then I have made all my monthly payments on time. However, it still shows up as a negative factor on my credit reports. How do I go about changing this? This is the biggest hurdle to improving my...
Submitted Aug 12, 2015
Submitted Aug 12, 2015
My Mother who is 95 yrs old has a life insurance, She has been paying $14.00 on it since she was 60 years old. She is still live and well, Initial sum value is 1200.00 and doubled beginnig 11th year. There is also a table of values which i cannot read. What do you think the cash value would be?
Submitted Aug 11, 2015
I opened an UTMA account for my son, age 16. I want to fund the account with shares of mutual funds I already own. I simply want to transfer the funds into his account. If I transfer all of the funds I'd like to, which is over the yearly $14,000 gift tax limit, may I deduct the amount over the limit as part of the federal estate tax exemption?
Submitted Aug 4, 2015
If an insured passes away with a life insurance contract in force, & has an outstanding loan on the policy that exceeds the death benefit & cash value, are there any tax consequences. For example, the death benefit is 1 million, cash value is $200,000 and the outstanding loan is for 1.5 million. Thank you.
Submitted Jul 31, 2015
We had both of our parents pass away and recently found out about a policy that our mother had. She had our father as the beneficiary but he passed away prior to her. I am told we need to have an attorney file the paper work. Its not a great deal of money so an attorney may use it all up. We live in Florida. Any idea why the insurance company will not release it to...
Submitted Jul 29, 2015
I am a 20 year old college student and will be living/renting off campus housing this year. Will my parents homeowners insurance cover me for renters insurance at no additional costs.
Submitted Aug 6, 2015
Hi, I am trying to create a retirement budget based on my budget today to figure out how much I'll need to save for retirement. My problem is that I don't know how to estimate what I will pay in taxes when I retire. I'll have income from a TIAA-CREF pension, savings dividends and social security. Can you tell me where I can look to estimate the percentage I'll be...
Submitted Aug 3, 2015