For the married couple, it is truly essential that an estate is properly structured, legally protected, and the disposition of assets in the case of separation clearly defined. If you have not yet started a trust for your assets as a property investor, perhaps this scenario will convince you of the need to do so.The Case of the Trust-Less DivorceIn most cases, divorce is a messy matter. It is highly unlikely that the two parties will be able to...more
When financial woes hit a married couple the unfortunate outcome is often a divorce. Of course, this means the division of assets, along with the usual amount of bickering over that division. But if those assets are in a trust, what happens?The Creation of the TrustFor the property investor or any other type of investor, a trust is always recommended for placing assets. Do take some care, however, before creating the trust. An individual's rights...more
Here are 5 signs that you either have a major debt problem on your hands, or you are headed in that direction:1. You have no clue how much total debt you have. A sure sign that you are either in trouble, or are on the brink, is not knowing how much debt you have outstanding. Odds are you are either ignoring your debt problem for fear of how big it has gotten, or because you do not think it matters. If you have no clue, you should sit down immediately and take a full inventory of the total debt you owe and what it will take to pay if off.2. You use cash advances from credit cards to pay off your others bills. Credit cards usually have various fees associated with cash advances. They either have higher interest rates, or there is a certain percentage fee on the transaction. This is beside the fact that you are so overextended that you are borrowing money at a high interest rate just to meet expectations.3. You regularly bounce checks or overdraw your bank accounts. As your debt problems multiply, they will begin to affect all of your financial transactions. If you do not balance your checkpoint or pay attention to your ledger, you are a sure candidate to overextend your bank...more
If you are going through the ordeal of a foreclosure on your home, you will need stop foreclosure help right away. Stop foreclosure help can come in many forms for the homeowner. A homeowner can seek the help from a lawyer or foreclosure investigator, file for bankruptcy or talk with their lender about working out some sort of deal where both...more
The UK economy has rarely been so seriously bad.The UK has only previously been in such financial crisis when at war.It was to be hoped that the Budget this week might contain some little gems that would help the recovery but unfortunately this was not to be.In fact certain aspects of the Budget such as the raising of National Insurance...more
Anyone who has a poor credit rating will find that obtaining credit is very difficult. These people are seen as a large risk by companys who offer credit. However many people with bad credit still want to have a credit card to make purchases. Whilst is it not impossible to get a credit card when you have bad credit, the rate of interest you will pay is very high. There are several different credit cards available for anyone with bad credit, all of which have different interest rates.Obviously if you are looking for a credit card and you have a low credit score you will want to go for the one with the lowest rate of interest. To do this with ease credit card comparison can help. By comparing credit cards you can see the benefits of each card, the rate of interest you will have to pay and any other incentives that the card might have.To save yourself time and money when searching for a credit card which is suitable for a person with a low credit rating you should use a credit card comparison website. These can be easily found online and can help anyone who wants to perform a credit card comparison to search all the cards that are available to them. By spending a little time on a...more
When you decide to get a credit card your first instinct might be to go straight to whoever you bank with and enquire about their credit cards. At one point this was virtually the only way of getting a credit card for the majority of people, but it...more
There are certain things in life that no one really looks forward to doing. These are the things that seem to take forever to accomplish and are not very interesting. Searching for the right credit card is one of those things, but it really needs to...more
Debts can sometimes become messy and further settling them can become a headache especially when your financial structure is not supportive. If you are drowned with huge loans to repay and your business running in loss, the options reduce faster than...more
Debt relief companies are a blessing disguise when we consider their services. The millions of people who have already overcome the tight situation of encountering with the banks can better explain the tremendous job they have been doing. You have...more
It is not a surprise if you find yourself to be yet another victim under huge debt. There are already millions of others like you, gasping for free air and finding a way out of this legal mess. The whole journey till now must have been a honey moon...more
If you go to any book retailer today, even the smallest local shop, you are likely to be able to see a choice of forex books. If you visit a larger retailer or an online store such as Amazon, the selection is much greater and it can be quite...more