This article outlines the four stages of being an executor of an estate. It recommends… You must be a quick learner, wisely manage your time and maintain your wits during these four (stressful) stages of probate… It goes on to outline the steps at each stage to help you get organized. As I read each stage and steps it reminded me of lists/documents I have started…
CONTINUE READING >Kiplinger rated the 50 states for retirees and Minnesota ranked in the Top 10 of the “Least Tax-Friendly States for Retirees”. The article goes through the major tax components and shows what a retiree would pay in each category. Categories include: state sales tax, state income tax, taxes on social security income, how state real estate taxes compare to other states and estate taxes. For those…
CONTINUE READING >The highly anticipated rise will be good for savers and investors. Losing to Inflation This article states that a rate increase from the Federal Reserve is long overdue. For savers that place money in certificates of deposit they have been actually losing money as inflation has outstripped the low interest paid on CD’s. “…if you’re looking for a way to save and invest, you’re being punished.…
CONTINUE READING >Quick, here is what I’m doing yet this year to make the most of 2017 deductions and get ahead of limited deductions under the new tax code. Make my January 2018 mortgage payment in 2017. The interest will be deducted on my 2017 taxes. Prepay my 2018 real estate taxes in 2017. Making a 2018 charitable contribution before year end. Instead of waiting to make my…
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