A life estate is a property, usually a residence, that an individual owns and may use for the duration of their lifetime. This person is called the life tenant and shares ownership of the property with a second person. The second person is referred to as theremaindermanand automatically rec...
the trustor would be responsible for paying taxes on the income those assets generate, and the trust may also be subject toestate taxesshould its value breach the tax-exempt threshold at the time of the grantor's death. (In 2025, that threshold is $13.99 million.1...
Of course, envisioning a coffered ceiling for your space is more difficult than testing out a fewpaint swatcheson a wall. But there’s hope for the imagination-challenged, Palla says. “Today, homeowners have the benefit of reviewing images online of the different design choices,” he exp...
Attire choices matter just as much forvideo conferencesas they do for in-person meetings. Although you're typically seen from the chest or shoulders up, it’s still important to look professional. You can do that with a dress or top with a modest neckline in a reserved print or muted col...
A home appraisal can be a valuable step outside of apending real estate deal The best way to use an appraisal to your advantage is to understand what it is and how it's used by others in the homebuying or selling process. Here's what you need to know: ...
“Sole proprietors need to keep their own records because they aren’t necessarily going to get a 1099-NEC,” says Annette Nellen, professor and director of the San Jose State University graduate tax program. "Anybody who is providing services to non-businesses needs to keep the recor...
What Is an SR22? Insurance After a Mistake If you've had a DUI or another serious offense, you may need an SR22 insurance form. Here’s what to do. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions...
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Customer service: If you prefer conducting business face-to-face, you can enjoy in-person banking with a traditional bank. But if you're comfortable with online, chat and phone support, an online bank may be a suitable option. Opening an account: Online banks offer a relatively straightforward...
The sales tax in Alabama is 4%, but shoppers pay an average 9.25% in state and local sales taxes. (Agood cash-back credit cardcan help take some of the sting out of that.) Invest in real estate without the headache of being a landlord ...