Grantors Trust: A Simple definitive guide (Updated!)
A grantor trust is a revocable living trust that is taxed as a “disregarded individual.” It does not…
401 (k) WITHDRAWALS: Rules & 4 Ways To Avoid Penalties
There was once a time when a pension and social security benefits were well enough to cover expenses…
Personal Injury Lawyer: Why You Need a PI Attorney
Whether your injury case settles (as the majority do) or goes to trial, your personal injury lawyer will…
Declaration of Trust: Best US Practices & Definitive Guide
If you need to explain how a property is held but are unable or unwilling to record the…
ANNUAL INCOME: Definition and Calculations of Gross, Net & Total Annual Income
Whether you’re applying for a credit card or filing your taxes, you’ll almost always be required to disclose…
Reconveyance Deed of Trust: Practical Guide !!!
When you pay off your loan, the mortgage company issues a deed of reconveyance, which releases your deed…
Available Credit: What Does It Mean on a Credit Card
There is a maximum balance on any credit card. Your issuer assigns you a credit limit, which is…
Interest Income: Definition and Process Of Taxable Interest Income
Interest Income is the revenue given to an organization for lending its money or allowing another organization to…
PENSION VS 401K: Are Pensions a Better Investment than a 401k
What are your retirement goals? Would you love to control your finances and have enough to gift a…
NET PAY: How to Calculate Your Net Pay
What do you do after receiving your payslip? Do you squeeze it, quickly peep at the net pay,…