As the Federal Reserve seeks to combat inflation, interest rates are on the rise. That means the cost of borrowing money is going up—30-year mortgages are now well over 5%! So, where could one get a reasonable loan? Their family. Because the terms are negotiated between loved ones, family loans can help borrowers secure financing […]
Your home has captured precious memories—holidays huddled by the fire, Sundays gathered around the table, and so on. Whether it is a quaint mountain retreat or a sprawling estate, a clear estate plan will make the process of leaving property to heirs that much easier. Here are some ways to go about this type of […]
In a companion post, we discussed four major changes resulting from the passage of the SECURE Act and strategies to manage them (Top 4 SECURE Act Changes That May Impact You and How To Plan For Them). In this post, we will discuss the new class of retirement plan beneficiaries called Eligible Designated Beneficiaries (EDBs) […]
