1 Summary Making Loans and Gifts to Family Members Last update: January 14, 2015 Loans to family members can sometimes be of financial benefit to both parties. Gifts also can be a blessing to both giver and receiver. It is important, however, that everyone be clear which kind of transaction it is, and what the expectations should be. Why be a lender or giver? You probably want to help out a child, a parent, or perhaps another relative, if you can. Children and other young relatives may be strapped for cash for quite legitimate reasons: college costs, home purchases, giving birth to or adopting a child, medical emergencies, job lay-offs, divorce, and so on. Conversely, a child may be eager to assist a parent or other elder relative who is struggling financially, or who has unexpected expenses for medical care, home repairs, or other needs. Lending is a form of investment. Suppose you earn 4% on your savings, and suppose your child pays 14% interest on a credit card balance he or she cannot afford to pay off. If you loaned enough money to your child to repay the debt, and charged 9% interest, you would get an extra 5% on your savings and your child would save 5% on the debt. You both win! If you are wealthy enough that your estate will be subject to federal estate taxes when you die, you can reduce that liability by giving away something while you are still alive. The government allows each person (i.e., both husband and wife, if married) to give up to $14,000 a year * to as many individuals as they like, exempt from gift taxes. This allows you to pass assets to children or other relatives without Uncle Sam taking a bite. If you give certain kinds of assets (e.g., stocks that might appreciate in value, or life insurance) you could multiply the effect. An estate planning specialist can advise you whether gifts during your lifetime make tax sense in your situation. Your kids or other relatives are likely to end up with some of your money anyway. If you can afford to, why not get the joy of being a gift-giver during your lifetime? Why not be a lender or giver? You may not be able to afford it. Only you can really determine that. Yes, you might have enough at present, and for some years to come, but only you can determine how much of a financial cushion you need so that you aren t awake nights worrying about it. If someone is trying to guilt you into making a gift or a loan, that person is the one who probably should feel guilty. Even a loan may be a loser for you. Sometimes family members don t feel comfortable charging interest to other family members. Or the interest rate may be low * This amount is subject to occasional inflation adjustments. The $14,000 limit went into effect on January 1, 2013 and also applies to gifts made in 2014 and 2015.
2 enough so that you are really losing money compared to what you would get from other savings and investments. In general, you should expect at least the going rate for money you lend; anything less is actually a gift. Furthermore, if you lend money for a down-payment on a house, the bank lending the mortgage may require you to sign a statement saying that the loan is actually a gift. This might make it harder for you to collect the loan back later, and it may even require you to pay gift taxes, if the amount is high enough. Family loans are usually not secure. Although, as explained below, even family loans should be formalized in a simple written agreement, it is rare that any collateral is provided. The only security for the loan is the good will of the borrower. And despite the good will, family members often take family loans lightly, and sometimes don t even expect to have to repay them or if they do expect to, they put them at the bottom of their priority list, so in fact it may never quite get done. If you lend to a family member, therefore, and especially if you make a loan without signing an agreement, you would be wise to assume you will never see your money again. And even if you do, it could be a long time coming. About 14% even of family loans with written agreements end up not being paid. So when deciding whether you can afford to make a loan, take into account that some or all of it might never come back to you. The person who needs the money may be irresponsible. He or she may be a loving, wonderful person in other ways, but some people simply cannot handle money. Giving or lending to them may not be the best thing for them. If they are really in a tight spot, you might find other ways to help instead. Perhaps it is better to let a child move back in with you for a while rather than having him or her keep trying, unsuccessfully, to live independently. Maybe it is better for you to be co-buyer of their new home, rather than lending or giving them the money to buy it themselves. Or if only cash will do, offer to pay bills directly rather than by providing money that might end up spent on something else. You can also attach strings, especially to a gift: perhaps you offer to help out financially only if the person goes to a credit counselor (or into rehab, or whatever they need). It s your money you might be able to call the tune. But if that doesn t work, maybe you just shouldn t contribute any more. A loan or a gift might change the relationship between the parties. A lender sometimes even a giver can feel that he or she now has some say over how the recipient handles financial matters, even if that wasn t part of the original deal. Naturally, this leads to arguments and resentments. Conversely, the recipient may feel weak or dependent, maybe even guilty. With loans, treating the transaction as at least in part a business matter, with terms spelled out (and, ideally, interest being paid) can lessen the emotional dangers. But these are still pitfalls to be watched out for. Being smart about the transaction Whether your motives are entirely loving, or entirely financial, or somewhere in between, you can still be smart about what you do. Of course, if you have plenty of money to spare, and you have a fabulous, trusting relationship with your child or other person to whom you are providing funds, then perhaps it doesn t matter. Or if you are the receiver, and you know that the giver or lender can easily afford what is being offered, then there is less need for caution. The same applies if the dollar amount is small.
3 But in most cases, it is smart and not just for financial reasons to recognize that a large gift, or a loan of any but the smallest size, has a business element. By putting the terms in writing: Both parties have a clear understanding of what is happening. If your family conversations are like most, different ideas get kicked around. Eventually you come to an agreement. Or did you? How much was the final amount again? Was it being provided all at once, or over time? Is it a gift, a loan, or some of each? Is interest being paid and if so, how much and how often? Is part of the principal being repaid periodically, or is it due all at once, or is it open-ended? Putting it in writing will ensure that everyone knows what the arrangement really is. There is a record for the future. We not only misunderstand sometimes what one another really means, we also forget over time exactly what we agreed to. Having it in writing can save a lot of arguments down the road. Yes, sometimes borrowers even forget that they borrowed money at all! A written agreement protects everyone. And if it is a loan to be paid off, the agreement should be marked PAID and returned to the borrower when that happy day arrives. You have proof for others. You lend $10,000 to your niece so she can start a business, but it s done on a handshake basis. Three years later you die, and your widow needs to start getting repaid on that loan. Does she even know about it? Does she remember? Does she have any proof that the transaction ever occurred? Or perhaps the niece dies, and her husband sells the business at a nice profit. Does he know about the $10,000 loan? Does he care? He will if you have a signed agreement. The borrower is protected the same way. If the agreement says the loan is not repayable until the 10 th year, then the borrower does not have to honor a demand by the lender or the lender s heirs that it be repaid sooner. This is especially true for gifts. If someone receives a gift, then the giver dies, the giver s heirs might (even through an honest mistake) demand repayment, thinking it was actually a loan how much grief is saved for everyone if the gift was made in writing! And of course, gifts made for estate planning purposes should always be documented. And yes, as explained below, the IRS could get involved at some point, too. Then you really will wish you had it in writing. Some points of procedure What about gifts to help pay for current or future college costs? This is a more complicated subject, not covered in this paper. Do you need a lawyer? Usually not, for a simple one-time gift or loan. Just put the terms in writing, and have both parties sign it. A sample form for a loan (traditionally called a promissory note ) appears at the end of this paper. Of course, having a lawyer involved is fine, and in fact it is recommended if there are any complexities involved (for example, if you are co-buying a home, or if collateral is being provided for a loan). If you are making a gift under the Uniform Gifts to Minors Act, or setting up a trust, of course, professional advice is a must.
4 If you receive interest on a family loan, is it tax-free? No. Federal income taxes are due. Of course, the government probably won t find out about the loan, but the taxes are due anyway. If you get audited and they discover it, you are theoretically liable for tax fraud same as Al Capone. Furthermore, if you charge an artificially low rate of interest, the government may consider that you actually earned a higher rate (which they define), even though you never received the money, and you will have to pay back taxes on those amounts. But these rules about the size of the interest rate apply only to family loans above $10,000 (or above $100,000, if the recipient has $1,000 or less in investment income). If the loan is interest-free (or very low interest), and the borrower does not qualify under these $10,000 or $100,000 exceptions, you should also consider specifying in the loan document (promissory note) that the loan is payable on demand. If you don t, the IRS could calculate all the future interest payments you are waiving, and treat them as a one-time gift, putting you over the $14,000 limit. Is interest that is paid tax-deductible? Maybe, depending on what it is used for. If the loan is for business use, interest is usually deductible as a business expense. If it is used for investment, or to purchase a home, it may be deductible in full or in part as investment or mortgage interest. Otherwise, it is generally not deductible under current law. What if the borrower is not making payments on time? Unless you intend to forgive the debt (at which point it becomes a gift, legally), you should remind the person to whom you loaned the money that payment is late. You don t have to be unpleasant about it, and you might suggest that the terms of the loan be modified if they turn out to be too strenuous banks do this all the time. But to just let non-payment go unremarked is, in effect, to imply that it doesn t matter; if it persists, a legal argument can be made that the loan has in fact been forgiven and is no longer due. If that is your intention, it is better to do it openly, and get credit for being a great person. If it isn t, then you should work matters out directly, so that it doesn t become a permanent sore spot between you and someone who matters to you. If the loan is defaulted on, and you itemize Federal tax deductions, you may be able to deduct the loss. You need written proof, though, that the loan was made and that you tried to collect on it. However, the IRS will probably look for the borrower to make good on the lost taxes, so don t do this unless you want to get the defaulting family member in dutch with the IRS. What are the tax consequences of making a gift, or forgiving a loan? A loan becomes a gift if it is forgiven. Gifts above the $14,000/year Federal limit are theoretically taxable. In reality, this almost never has an immediate effect, except that you should fill out IRS Gift Tax Form 709. If, like most people, your estate will never be subject to Federal estate taxes, there will be no tax effect at all, even in the long run. If you are ultimately subject to estate taxes, however, the
5 current gift may increase the taxes due at that time, by using up part of the lifetime amount of gifts and estate transfers excluded from such taxes. Sample Promissory Note Promissory Note [provisions may be adjusted as needed] 1. Promise to Pay. For value received,, (Borrower) promises to pay (Lender) $ and interest at the yearly rate of % on the unpaid balance as specified below. 2. Monthly Installments. Borrower will pay monthly installments of $ each. 3. Date of Installment Payments. Borrower will make an installment payment on the th day of each month beginning, 20 until the principal and interest have been paid in full. 4. Application of Payments. Payments will be applied first to interest and then to principal. 5. Prepayment. Borrower may prepay all or any part of the principal without penalty. 6. Loan Acceleration. If Borrower is more than days late in making any payment, Lender may declare that the entire balance of unpaid principal is due immediately, together with the interest that has accrued. 7. Security. This is an unsecured note. (signed and dated by both parties; each party receives a signed original) For More Information Outside information (general): o Loans to Friends and Family, by Roy Lewis, for the Motley Fool [online]: o Lending Money to Family Members, Consumer Reports Money Adviser, January, o First National Bank of Mom and Dad, Money, May, Government resources: o IRS Publication 550 explains the tax rules for family loans, and the applicable interest rates. Go to:
6 Software to create Promissory Notes: o You can Google Promissory Notes for various sources of sample documents and software that creates them. One such source is: o Promissory Notes by Nolo.com, at:
Borrowing from or lending money to a friend or colleague is a sensitive situation. A lender wants to be sure money is returned on a timely basis. A borrower wants enough time to repay the amounts and some
create tax advantaged retirement income you can t outlive 1 Table Of Contents Insurance Companies Don t Just Sell Insurance... 4 Life Insurance Investing... 5 Guarantees... 7 Tax Strategy How to Get Tax-Free
Summary Options for Obtaining Cash from Your Home s Equity Last update: May 16, 2014 For most people, it is better not to tap your home equity unless you need to, but there are circumstances when it may
STUDENT MODULE 7.1 BORROWING MONEY PAGE 1 Standard 7: The student will identify the procedures and analyze the responsibilities of borrowing money. Remember the Interest Mom, it is not fair. If Bill can
Financial Series June 2011 Being a Guarantor in Alberta Has someone you know asked you to be a Guarantor? Are you already a Guarantor and worried about what comes next, or what is already occurring? This
Be a Savvy Credit User About 40% of credit card holders carry individual balances of less than $1,000, while about 15% individually carry total card balances of more than $10,000. Forty-eight percent of
GOT TAX PROBLEMS? THINGS THE IRS DOESN T WANT YOU TO KNOW (BUT YOU WILL LEARN BY READING THIS!) When I was a young lawyer, I assumed the Internal Revenue Service was like my father strict and stern, but
Dear Friend: Being a senior myself I am constantly looking for ways to improve my quality of life, have more liquid assets, reduce my cost of living and looking for ways to have passive income. My wife
Deferring Capital Gains Taxes With A Private annuity/trust TM The National Association of Financial and Estate Planning NAFEP, 1999 and 2001 Revision 2 DEFERRAL OF CAPITAL GAINS AND DEPRECIATION RECAPTURE
Coming to Grips With Settlement Coming to Grips With Settlement What to Know Before Your Closing The closing, also known as the settlement, is the last step in getting your mortgage and actually becoming
Get and Stay on Track Debt Management Options Where should you start? The first step to determine which debt management tool is best for you is to review your financial situation and your financial goals.
Equity Release Guide www.seniorissues.co.uk For more information or to speak to one of our trained advisers please telephone our Senior Issues Team on 0845 855 4411 The Caesar & Howie Group 7/3/2008 EQUITY
USING CREDIT WISELY AFTER BANKRUPTCY Copyright April 2011, Legal Aid Society of Hawai`i All rights reserved. These materials may be reproduced. However, under no circumstances are persons receiving these
.1. INTRODUCTION (DLA) simply describes the situation where either the company owes a director money or vice versa. Typically, a DLA is first created shortly before a company first starts to trade where
name: Emily state: Texas story: My husband has borrowed money from his parents many different times without my knowing. I think that if you expect repayment, a written loan agreement or share secured loan
Loan Lessons Course Objectives Learn About: Different Types of Loans How to Qualify for a Loan Different Types of Interest The Low-Down on Loans, Interest and Keeping Your Head Above Water usbank.com/financialeducation
FIRST TIME HOME BUYER PROGRAM FREQUENTLY ASKED QUESTIONS QUALIFICATION/ELIGIBILITY QUESTIONS 1. What if I haven t previously bought a home, but my spouse has? If my spouse is not going to be on the mortgage,
LESSON 8 BUYING ON MARGIN AND SELLING SHORT ACTIVITY 8.1 A MARGINAL PLAY Stockbroker Luke, Katie, and Jeremy are sitting around a desk near a sign labeled Brokerage Office. The Moderator is standing in
Good morning everyone! Welcome! My name is Daniel Hewitt and I m the Director of Financial Aid here at VCOM. I know I ve talked to some of you already, and Eloise and I are looking forward to working with
Chances are, you need life insurance Life insurance is a simple answer to a very difficult question: How will my family manage financially when I die? It s a subject no one really wants to think about.
Sept 2014 Contents: 1. Understanding inheritance tax page 02 more 2. Should I be worried about inheritance tax? page 03 more 3. Inheritance tax planning page 05 more 4. Using gifts page 07 more 5. Using
Jade Education Award Story: Smart Loan Strategies Page 1 This is Jade. Jade borrowed a lot of money to pay for her two degrees. She consolidated several smaller loans into one big one. She wants to use
Using Credit to Your Advantage. Topic Overview. The Using Credit To Your Advantage topic will provide participants with all the basic information they need to understand credit what it is and how to make
Divorce Tax Considerations Divorce is a tough process, and one that doesn t end after a court date. Knowing your rights and obligations and understanding tax implications will make the process less difficult.
A Guide to Financial Aid 2015-16 The bottom line and how to pay for it. The Financial Aid Basics We re glad you are interested in attending Anderson University. Perhaps you have already received your acceptance
Insight on estate planning year end.2004 Are intrafamily loans hazardous to your financial health? Protect your business with a buy-sell agreement Keeping up with the GST tax exemption PLUS! How to choose
Exercise 4A: What Info Do You Need for a Loan? What information do you think is needed to get a loan? Review several samples of loan applications to see what The Cost of Using Credit As mentioned earlier,
Buyer Buyer s Guide to: s Guide to: Fixed Deferred Annuities Prepared by the Prepared by the National Association of Insurance Commissioners The National Association of Insurance Commissioners is an association
A GUIDE TO reverse mortgages Live the retirement you dreamed Guide Content 14What Is A Reverse Mortgage? 24How Do I Qualify? 34 What Can A Reverse Mortgage Be Used For? 44How Much Money Could I Qualify
tax November/December 2011 IMPACT Tax treatment of debt forgiveness Watch out for tax bills delivered COD Lending to or borrowing from your company the right way Why jointly owned property may not be a
RELEASING CASH FROM YOUR HOME As a recommended SOLLA adviser we are frequently asked to advise on home income/equity release plans. These notes are designed to provide some general background to clients
Prepared by the National Association of Insurance Commissioners The National Association of Insurance Commissioners is an association of state insurance regulatory officials. This association helps the
A Guide to Reverse Mortgages You may have heard about reverse mortgages on television or from a friend and are not quite sure what they are, or you may already know what a reverse mortgage is and are not
tax November/December 2011 IMPACT Tax treatment of debt forgiveness Watch out for tax bills delivered COD Lending to or borrowing from your company the right way Why jointly owned property may not be a
The information contained herein has been obtained from sources that we believe to be reliable, but its accuracy and completeness are not guaranteed. Any examples shown on this website are purely hypothetical
Slide 1 Credit The information provided in this e-course is intended for educational purposes only and does not constitute specific advice for you as an individual. When evaluating your particular needs,
TEACHER GUIDE 7.2 BORROWING MONEY PAGE 1 Standard 7: The student will identify the procedures and analyze the responsibilities of borrowing money. It Is In Your Interest Priority Academic Student Skills
Script for Presentation of Premier VI Private Annuity/Trust, Capital Gains Deferral Note to Presenter: A good handout or study guide to go with this presentation is NAFEP s, 7 page Deferring Capital Gains
A Guide to Financial Aid 2016-17 The bottom line and how to pay for it. The Financial Aid Basics We re glad you are interested in attending Anderson University. Perhaps you have already received your acceptance
YNAB PRESENTS Life Insurance, Really? A primer on why you need it, what you need (and what you don t). YouNeedABudget.com The idea of life insurance is pretty disturbing. Honestly, I d rather be talking
White Paper Estate Freeze Technique: Private Annuity www.selectportfolio.com Toll Free 800.445.9822 Tel 949.975.7900 Fax 949.900.8181 Securities offered through Securities Equity Group Member FINRA, SIPC,
THIS TRANSCRIPT IS ISSUED ON THE UNDERSTANDING THAT IT IS TAKEN FROM A LIVE PROGRAMME AS IT WAS BROADCAST. THE NATURE OF LIVE BROADCASTING MEANS THAT NEITHER THE BBC NOR THE PARTICIPANTS IN THE PROGRAMME
Mortgages and other money matters 2 Buying a Home What about the money? The first thing most people think about when they want to buy a home is how much will it cost and where will I find the money for
BANKRUPTCY SOME FREQUENTLY ASKED QUESTIONS AND ANSWERS 1 You should file for bankruptcy only after carefully deciding that bankruptcy is the best way to deal with your financial problems. This pamphlet
Overview 6: Credit This topic is about credit. It helps your client understand the dierent types of credit, credit contracts and their credit files. Section: content for the worker and resources Key messages
Are you in debt? Do you need to sell your house fast? Then Read on to find out How To Get Out Of Debt Now! When you miss mortgage payments you can find yourself in deep trouble. The mortgage lender could
Shedding light on Life insurance a practical guide to helping you achieve a lifetime of financial security Learn more about: Safeguarding your loved ones Protecting your future Ensuring your dreams live
P R O G R A M H R 3 6 4 8 PROGRAM HR3648 America s Free, Non-Governmental Foreclosure Option How to Avoid Public Foreclosure A Homeowner Guide to Eliminate Mortgage Debt and Rescue Your Credit Rating Through
Tax Planning in a Changing Tax World The Financial Planning Association (FPA ) is the leadership and advocacy organization for those who provide, support and benefit from professional financial planning.
5 Secrets to Wealth Every Woman Needs To Know To Be Financially Free By Nancy L. Gaines, Founder Women Gaining Wealth, LLC Thank you for requesting this free report and taking steps toward your own financial
GETTING A BUSINESS LOAN With few exceptions, most businesses require an influx of cash now and then. Sometimes it is for maintaining growth; sometimes it is for maintaining the status quo. From where does
The Big Picture 85 Key Concepts: financial aid Expected Family Contribution FAFSA (Free Application for Federal Student Aid) Chapter 6 Strategies for Financing College & Keeping Debt Under Control So far,
This sample chapter is for review purposes only. Copyright The Goodheart-Willcox Co., Inc. All rights reserved. 1Planning Your Financial Future: It Begins Here Terms Financial plan Financial goals Needs
Life Insurance Buyer s Guide This guide can help you when you shop for life insurance. It discusses how to: Find a Policy The Meets Your Needs and Fits Your Budget Decide How Much Insurance You Need Make
Keep the IRS from Taking Your Paycheck: Guide to Wage Garnishment and How to Stop It 1.866.866.1555 www.toptaxdefenders.com What You Need to Know about IRS Wage Garnishment When you fall behind on your
COCKBURN LUCAS INDEPENDENT FINANCIAL CONSULTING Guide to Inheritance Tax Contents This guide provides general guidance only and should not be relied on for major decisions on property or tax. You should
Online LEI Lesson 2 Lesson 2 Savings Accounts and U.S. Savings Bonds On l i n e L E I 17 2 Savings Accounts and U.S. Savings Bonds LESS 2 SAVINGS ACCOUNTS U. S. SAVINGS BDS Time Required Lesson Description
IRREVOCABLE LIFE INSURANCE TRUSTS FOR ESTATE AND TAX PLANNING (Estate Planning Advisory No. 1) This Advisory discusses the general estate planning and asset protection benefits of an irrevocable life insurance
Department of the Treasury Internal Revenue Service Publication 936 Cat.. 10426G Home Mortgage Interest Deduction For use in preparing 1998 Returns Contents Introduction... 1 Part I: Home Mortgage Interest...
A simple guide to getting more from your future with Aviva Equity Release Best Equity Release Lender J4602_PF011120_1015.indd 1 09/10/15 8:06 pm Contents An introduction to Aviva Equity Release What is
26 Affording Your Payments Throughout this book you ll learn about various student loan repayment options as well as budgeting techniques that will make your student loan payments a lot more livable. But
afe Money Concepts James Schultz From Badger Insurance 220 Grant Street, Fort Atkinson, WI 53538 Phone: (920) 563-2478 Email: email@example.com INTRODUCTION It s hard to say where and when most
TALK with an Associate in Capitol Federal s Customer Service Center 888-8CAPFED. EMAIL your questions to Capitol Federal securely online at capfed.com/contact. VISIT any one of Capitol Federal s convenient
WHAT IS EQUITY RELEASE? Equity Release can free some of the capital tied up in your home, while you continue to live there. This money can be in the form of a tax-free lump sum, a regular income or a combination
How To Use Your Retirement Funds to Finance Your Business By Bill Seagraves, President January 25, 2009 TABLE OF CONTENTS Overview Succeed in Business and Retire Wealthy: It s All About Cash Flow The Rich
TABLE OF CONTENTS Introduction...3 What is Debt Consolidation?...5 A) CHAPTER 13 B) WHAT DEBTS ARE ADDRESSED? Debt Consolidation Program Processes...19 A) DEBT MANAGEMENT PROGRAM B) DEBT SETTLEMENT PROGRAM
Reverse Mortgage Guide Reverse Mortgage Answers, LLC Find out why 25 years of experience makes a difference (800) 420-5515 www.rmanswers.com What is a Reverse Mortgage and How does it Work? A Reverse Mortgage
Federal loans: The smart way to borrow If you don t receive enough free money to pay for college and you aren t able to cover your costs with savings or other resources, consider federal student loans.
Chapter 6 The cash flow statement The last four chapters have been spent looking at the balance sheet and income statement and how to use them. In this chapter, we will move on to arguably the most revealing
LEGAL & GENERAL HOME FINANCE Guide to Lifetime Mortgages A lifetime mortgage could give you the freedom to really enjoy your retirement. We re delighted you re finding out more about lifetime mortgages.
Credit and Debt What is Credit? Credit is a contract between a lender, such as a bank, a credit card company, or a store, and an individual or company. The lender provides the money or access to money,
The Income Taxation of Employment Split Dollar Loan Arrangements Split Dollar Loan Arrangements These materials are not intended to be used to avoid tax penalties and were prepared to support the promotion
Helping your loved ones Simple steps to providing for your family and friends Contents 01 How can I take control of who gets what? 02 Inheritance Tax 04 Do you know how much you re worth? 06 Making lifetime
PLANNING FOR PROSPERITY MARCH/APRIL 2015 MAKING THE MOST OF DIVIDEND INCOME REVIEW IN CASE OF DIVORCE When it s critical to revise your estate plan WHICH TYPE OF MORTGAGE LOAN MEETS YOUR NEEDS? FOREIGN
BUILDING YOUR MONEY PYRAMID: FINANCIAL PLANNING CFE 3218V OPEN CAPTIONED MERIDIAN EDUCATION CORP. 1994 Grade Levels: 10-13+ 14 minutes 1 Instructional Graphic Enclosed DESCRIPTION Most people will earn
Life Insurance for Life and Beyond Why I am talking about life insurance? Because life insurance may be the most underused strategy to protect large retirement balances from being decimated by the highest
Information for First Time Buyers Buying your first home? It is a big purchase and can be a little intimidating, but it doesn t have to be. There are many Home Buyer Guides and Reports available on the
Online Accounting Software FUNDING OPTIONS GUIDE Why you need to think about funding Every business needs money. Starting a business presents new challenges, many of which will require some financial outlay.
Welcome to today s webinar. I am really excited to pass this information on to you and think you will find it wildly beneficial. The title of our presentation is How to Improve your Student Loan Payment,
First to Die (Joint Life) What is a joint life first-to-die policy? A joint life first-to-die life insurance policy insures more than one life under one insurance contract. While a joint life policy can
Seller FAQs You re thinking about a short sale, but want to know more about them. We ve compiled a list of commonly asked questions from sellers just like you. Please read through this document to answer