Income from an asset is taxable in the hands of the person who is its beneficial owner that is, the one who has actually ...
If you're buying a property with somebody else, one of the most important things you'll need to decide is whether to own it as 'joint tenants' or 'tenants in common'. This is something you should ...
The College Investor on MSN
The Hidden Financial Risks of Parent–Child Joint Accounts
Key Points ・Shared bank accounts between parents and children can expose both sides to legal, tax, and financial-aid risks ...
Q: As a single mom, I bought a house with my son about a decade ago. We used both incomes to qualify for the mortgage and split the costs. A few years later, he began a relationship, and his ...
Q: I have remarried and would like to add my husband's name to the home that I own. I was told that I need to execute a quitclaim deed. However one of your recent articles discuss a transfer on death ...
Q: I have one child and I want to make sure she gets my bank accounts with as little trouble as possible. Is it better to add her name to the accounts or to make her beneficiary? Does one offer a tax ...
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