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Protecting Myself
Sep 2, 2009 ... If his name is on the account he can still clear it out without your knowledge He can change his life insurance beneficiary easily Should ...
Answers
- I don't know how long you've been seperated but SC law says you have to be for a year before the divorce will be granted. You and your hubby are to use this time to s...
- I'm not sure how you would go about protecting yourself and the children financially. The best advice I can give you is to contact a lawyer and get advice from someon...
- P., There seems to be a trust issue and getting to the root of it should help. Since you've not actually decided as yet whether or not you're taking him back, now ...
College Savings Plan
I am a CPA and know that there are various types of accounts you can set up to ... Otherwise, just setting up savings accounts or UTMA accounts in your kids ...
Answers
- C.- I work for a mutual fund company. There is a plan called a Coverdell Ira. I don't know all the exact details about the plan, but I am pretty sure the max amou...
- C., I am a nurse and I have also taught school. Our financial advisers suggested to us that we use the College Bound Fund program. You can make monthly deposits or ...
- As the others said.....529 plan. Also, go to upromise.com and become a member. You get rebates from retailers that are deposited into your 529s. (distributed between...
Advice Needed for Dividing Value of Property While I Am Living
Our records show that we already have a Mamapedia or Mamasource account created for .... My husband is already on all of my inlaws accounts (bank accounts, ...
Answers
- Hi J. - It sounds like you need the advice of an estate attorney. There are many options for you, a trust among them. Let me tell you this though - there will be no ...
- I would definitely get advice from a lawyer, perhaps someone who specializes in financial planning. This plan should not only leave you in a good situation for retire...
- Not easy decisions. I suggest you speak to a financial consultant. I am sure they can give you many choices.
529 Plans
We currently have our daughter's cash in a savings account, but do have our .... I work for a Certified Financial Planner and we handle 529 accounts all the ...
Answers
- Hi T., I work for a Certified Financial Planner and we handle 529 accounts all the time. If you are interested in learning more about 529 accounts and which company...
- Hi T., Whatever you do, get it out of the hands of the attorney as soon as you can. Edward Jones is a good financial consultant. Good luck. D.
- hi T., contact a ' good; financial advisor . thisis your childs monies / taxes levied on you and dad if done incorrectly . also; I WOULD consider a...
Financial Advice
Our records show that we already have a Mamapedia or Mamasource account created .... I know that they close all of our accounts. I heard information that ...
Answers
- L., This economy is tough for everyone. Whatever you do, do not go with a debt consolidation company who promises to save you money and work w/ your credit card c...
- I have not ever been in that situation, but from watching a number of different things on tv, magazines etc. You should definitely look at your debt and lay it out if ...
- Hello, I hear you there. Though I must say, your debt is not bad and very manageable. I would not close out accounts or take out any more loans. If you do get an offer...
Pay Checks for a Deceased Person
As a banker I can tell you that if your parents had a joint account and your .... Once she passed away, I was able to continue to use her bank accounts to ...
Answers
- Before my mom passed away, she and I made sure to get my name on all her accounts. Once she passed away, I was able to continue to use her bank accounts to finalize ev...
- Hi S., First of all I'm sorry for your loss. Since the wages are paid in the same year that your father passed away the wages are subject to Social Security and Me...
- I am very sorry for your loss. It is very hard to not only lose a parent, but also be responsible to help the one left. If your dad had sick time or vacation left wh...
Financial
When my husband and I were first married, we kept separate accounts and just split up ... We have a joint account that all of the money goes into on payday. ...
Answers
- I would put all of your money into one account. It may be hard to start sharing and comprimising, but you will be better off in the long run.
- We do something similar to a couple of the other posts. We have four accounts - joint checking, his checking, my checking, savings. Both of our employers allow dire...
- One thing that worked for me and my ex (we actually agreed on finances!!) was that we had separate accounts and one joint account. We kept a percentage of our salary (...
Ex Snooping Through My Finances?
Be firm and make it clear that you will move your account in a heartbeat. ... If you strongly think he has been looking into your accounts, go to the bank ...
Answers
- He sounds highly unprofessional and what he is doing breeches confidence issues with clients. Call the 800 # for the bank...not certain what a local branch could do....
- I wouldn't block this creep as a fb friend... quite yet. I'd keep an eye on him and if he's dumb enough to brag.. having him as a fb friend could help aid YOUR investi...
- Hi there! Sounds like trouble!!! First of all you need to ditch him as a "friend" and second of all switch your bank if possible-he sounds creepy. Is your husband ok ...
Can Anyone Give Me a Few Suggestions?
Seperate credit card accounts for business and personal. ... Do the same for the business checking account. Gather your electric bill, water bill, ...
Answers
- hold back a minimum of 25% of all income. Keep ALL receipts from ALL bunsiness purchases. Seperate bank accounts for business and personal. Seperate credit card acc...
- I am also an independent contractor. I highly recommend working with an accountant. What to hold back and what to file can be very confusing at first and if you don'...
- I do not agree with the previous responder, what you can claim in regards to your utility bills depends on the size and use of your house for business. I do not rec...
Durable Power of Attorney Question
You will open accounts as his guardian and once a year provide accountings ... I have power of attorney over my mother and my name is on all her accounts. ...
Answers
- If his dad is still mentally coherent and understands and can sign documents, then he should be able to add your husband onto his bank accounts. If the dad has been d...
- I'd talk to a bank manager and ask how to handle this.
- Hi S., It was my mother, not me that went through this. Although I was very close because it was my grandfather and I helped a great deal. Until he died in February...