Tagged : family

In challenging economic times, many families find out too late that the family home has been "lost" through poor financial planning. There are options that can preserve that investment for the next generation. However, many of those options require planning ahead.

Simply deeding the home to another family member can have serious tax consequences, as well as a loss of control for the parent. Furthermore, if the parent requires Medicaid assistance within a given time period (commonly a minimum of five years after the transfer), the family may still be required by the state to sell the home for medical expenses. Or the family member entrusted with title to the home may mortgage it, sell it, or even lose it in a bitter divorce. 

One common solution is to…

It may be a matter of conjecture whether the world is gradually becoming more dangerous or not but what cannot be doubted is the fact that the safety of one’s family should be the prime concern for everyone. You may have been a victim of burglary and so may be wary and skeptical or you may be very worried for your kids who are alone at home for the most part of the day. Whatever be the case, you can do many things to bolster the security of your house. Though nothing can be termed as one hundred percent safe or completely fool proof, bringing about few changes can act as major deterrence’s to potential miscreants and offer you the much needed sense of relief.

Hedges and shrubs should be trimmed in order to keep the walkways, doors and windows clear and…