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There’s an old saying that the only one who sticks closer to you in adversity than a friend is a creditor. It may seem especially true for those who must…
June 1 marks the beginning of hurricane season. Meanwhile, across much of the Western U.S., major droughts have greatly increased the danger for summer wildfires. And don’t forget last winter’s…
American culture has created names for various age groups based on when they were born. Baby Boomers. Millennials. Generations X and Y. But another demographic has emerged based on what’s…
What are the most devastating words spoken in a marriage? (Multiple choice): A) “I’m seeing someone else.” B) “I totaled the car.” C) “I just put $36,000 on our Visa…
So, things are going great in your romantic life. Your partner is awesome. Sunshine and rainbows are everywhere. Here, finally, is the one you cannot live without, who also cannot…
America loves a good comeback story, like Robert Downey Jr. overcoming all sorts of addictions to become one of Hollywood’s biggest stars or Martha Stewart emerging from jail to become…
Sara Greenwood works at a bank. Her husband travels frequently for his job. Their parents live in different states. The couple has two boys, ages 2 and 4. So how…
We all love our kids, right? Sometimes the trick is knowing the best ways to show that love. And for the kids, it’s important to recognize that your parents are…
Dear Liz: My soon-to-be ex wants to refinance our mortgage to pay for renovations so we can sell it for more money. He also wants to take out some cash…
Dear Liz: You recently answered a question about capital gains taxes that stemmed from two siblings selling their parents’ home. The children had been added to the parents’ deed, presumably…
Sources:
- A. (2023, August 2) Does a person’s debt go away when they die? Retrieved from https://www.consumerfinance.gov/ask-cfpb/does-a-persons-debt-go-away-when-they-die-en-1463/
- A. (2023, September 5) Can You Inherit Debt? Retrieved from https://www.metlife.com/stories/legal/can-you-inherit-debt/
- A. (ND) Debt Collection FAQs. Retrieved from https://consumer.ftc.gov/articles/debt-collection-faqs
- Luftman, D. (ND) Do you inherit your parents’ debts? A Guide to Debt Inheritance. Retrieved from https://trustandwill.com/learn/can-you-inherit-your-parents-debt
- A. (ND) How to get a certified copy of a death certificate. Retrieved from https://www.usa.gov/death-certificate