Unmarried co-titled adults fulfilling 24-out-of-60-month occupancy eligible for 250K exemption

Image via Wikipedia DEAR BENNY: My partner and I have a very serious decision to make quite soon. Can unmarried, co-titled adults on a property, having fulfilled the 24-out-of-60-month occupancy requirement each be eligible for the $250,000 exemption? –Pamela DEAR PAMELA: The answer is yes. So long as both of your are on title, and [...]

Opening up what is known as "ancillary" or "foreign" probate

DEAR BENNY: I live in Florida and am executor of the will of a friend in New York City who owned a one-half interest in a condo in Ocean City, Md. She wanted to give that interest to my nephew upon her death. How do I go about transferring her interest to him? Do I [...]

The Strongest and Weakest U.S. Housing Markets #realestate

The Strongest and Weakest Housing Markets By Louis Jones, Kiplinger’s Personal Finance, www.kiplinger.com It’s no secret that the real estate market has been hammered. Nationwide, median home values dropped 18% in 2008, according to the most recent data from Fiserv Lending Solutions, a home-price research company. And in markets such as California’s Central Valley, where [...]

#Tuition and Housing: As the next high school graduating class gets ready for #college

Image by AFP/Getty Images via Daylife As the next high school graduating class gets ready for college, tuition has never been a more important issue because of today’s tough economy. If you’re looking for ways to offset tuition for your kids, private scholarships are still available that don’t require perfect grades, a musical genius, or [...]

Divorceee pleads: Help me keep my home and free myself of the quitclaim deed.

Image by TheTruthAbout… via Flickr DEAR BENNY: I am a recently divorced woman. After many years of marriage in the same residence, I was decreed full ownership of the family home. However, I had to secure a substantial loan on the home to give to my ex-husband in order for him to move out. Because [...]

Veterans' Educational Assistance Act (signed by Bush in '08) is biggest education program since 1944

In August 2009, the Post- 9/11 Veterans’ Educational Assistance Act (signed by President Bush in 2008) kicks in for qualifying members of the military on active duty since September 11, 2001. The , this law is designed to provide veterans with a similar level of educational benefits provided to service members at the end of [...]

A Tough Climate for Teen #Employment

Image via Wikipedia A Tough Climate for Teen Employment Summer jobs have always been a great opportunity for teens not only to make a little extra money, but to gain some valuable work experience, and to get a good feel of the responsibilities and expectations that await them in the years ahead. Unfortunately, today’s teens [...]

How to Save Money Without Noticing #saving #money #college

Image by v i p e z via Flickr Are you sick of worrying about the budget and how you’re going to cut back and save even more? Well, don’t worry. Here are 3 easy ways to save some cash without even noticing: Upromise and other programs like it allow you to accumulate savings for [...]