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I'm 17 and turning 18 in a few days and when I was younger one of my parents died. My mother has been receiving SS money for me and due to my status as a full time student I will continue to receive money past 18. The check that came in the mail had my name on it, her name appeared no where on it. She doesn't want me to have access to the money for awhile so she is...
Submitted Apr 14, 2014
I am a 25 year old single woman with no dependents. I make about $26,000.00 per year as a Paralegal. I am a college graduate with some post graduate education (no post graduate degree) so that means I have about $42,000.00 in student loan debt. I also currently have $1,000.00 in credit card debt. I live alone, but I can barely afford it. With my income, I am barely...
Submitted Apr 10, 2014
Submitted Mar 12, 2014
My son graduated in May. He is 24. He lives at home and is supported by us. he became employed in September and earned approx. $7000. The way I read the 1040 instructions, I cannot claim him as a dependent since he earned over $3900. Is this correct? It doesn't seem logical-who could live on $3900?
Submitted Apr 8, 2014
I am required to establish an Irrevocable Trust for my mother's funeral expenses. My concern is that these funds appear to be usable at the discretion of the funeral home. What prevents them from misuse and what protection do I have?
Submitted Apr 15, 2014
I am married and plan to have children several years from now. Can I set up a 529 account (with Vanguard; Nevada plan) today and name myself as beneficiary, only to change the beneficiary to my child once they're born. If so, what is the maximum amount I can contribute to the plan today (as a lump sum in 2014), assuming I'll be filing my 2014 taxes as married filing...
Submitted Mar 23, 2014
if property is deed in x name, can you buy home owner's insurance in x & y name. if anything happens to home will property be covered
Submitted Mar 31, 2014
Submitted Apr 4, 2014
I have set aside some large sums of funds in 529 accounts for my children, both of who have decided to not go to college. Is there any way to access these funds without paying any penalties?
Submitted Apr 4, 2014