What happens if I put myself in a position of someone who was homeless and just try to figure out how they got there in the first place? Perhaps it would help me change some of my actions. Perhaps it would help me be more proactive about certain things. And with telling your story,...
000 debt. It may be that an unpaid debt of $70 doesn't haunt you at all or cause you much grief. You don't pay it, and other than your credit score going down for a while, maybe nothing happens other than a few dozen phone calls, which eventually stop coming....
What happens if I don’t write a will? If you die without a will (the legal term is dying "intestate"), a probate court may distribute your property according to your state's laws. In many states, intestacy laws require courts to transfer your property to your closest relatives, typicall...
Your retirement plan should include an unbiased look at your home and what to do with it. Estate Planning Yourestate planaddresses what happens to your assets after you die. It should include awillthat lays out your plans. But even before that, you should set up a trust or use some othe...
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What Happens When a Couple Divorces? If a couple divorces, they become tenants in common, which gives them both ownership rights in the property. A court can also order the sale of the property—the proceeds would be split between the ex-spouses—or grant full ownership to one spouse. ...
Mortgage Debt If you die and you have abalance on your mortgage, what happens next depends on the details laid out in your will and your marital status at the time of your death. If the mortgage loan was jointly held with another person, such as a spouse or partner, the surviving co-...
The fact that term coverage is temporary isn’t necessarily a bad thing. For example, if you don’t have kids, term life insurance could provide coverage while you pay off debt that’s cosigned with a parent. On the other hand, young folks who are starting a family might be worried ab...
Wear pastel colors (and be quite glad if you possess the correct complexion for such hues). Smile and keep your opinions to yourself (with whatever success you are able). Do what your parents tell you to do. Accept the consequences when you don’t. ...
What Happens to Student Loan Debt After Death? If your loved one died owing federal student loan debt, that debt will be automatically forgiven once proof of death has been provided to the lender. Proof of debt is an original death certificate or a copy of one. ...