That's a scam. Receiving payments to your bank account is a dead giveaway. If they didn't provide you with information, such as a company website, home page, address, phone number, et...

Actually, you have lots of questions here. First, investment losses are to be offset against investment gains (that includes any capital gain distributions from your mutual funds), but no greater t...

I am in the mortgage industry and never recommed these types of mortgages. It's exactly what it say a reverse mortgage --- as if you were the bank and the bank is the borrower. I don't ...

To a certain extent it makes sense. Bankers want to see a track record of repaying debt on time, over time. But they are also going to use some tool to measure your capacity to repay the loan whe...

Sorry you're going through this issue. Your question caught my attention because I actually lived in an RV while going to college and living in South Orange County. There are two ways of goin...

You know the hardest thing I had to deal with was my mother when she got older not listening to me either. Finally she did but by that time she had lost 10K off her house had she listened to me. Th...

Is moving back in with your parents homes an option (for the meantime), to cut the big expense of rent down? I think most schools have programs to help find jobs. If you belong to a church, they ...

As you've already realized, the wording of the Trust is very important. The intent of the Trustmaker must be honored and so no complete answer can be given without a thorough review of the la...

Unfortunately in the - very advanced - society we currently live in, the computers do not have a field for joint applications and/or accounts. They - institutions and the like - say yes it is jo...

She would have capital gain on the difference between the 4,000 she received and the value of the stock on the date of her father's death (yahoo and motley fool both have historical stock pric...

You can claim them as dependents for tax purposes if they meet the tests required to be considered Qualifying Relatives. See the IRS Publication 501: Exemptions, Standard Deductions & Filing I...

You cannot transfer money to an overseas account and avoid taxes, since US income tax is on world-wide income. Is this money still in your mother's IRA? You are required to take distribu...

If you have a bond fund, you will likely receive regular distributions of interest income. That is taxed as interest income. If the bond fund increases or decreases in value, and you sell it your s...

Good job, especially with the index fund. As you get older, you may want to go a bit more conservative with government bonds to protect what you've earned. But overall, good job.

We have done well with spaghetti dinners, and other types of dinners. The most successful one I was involved with was an auction. It involved everyone collecting a total of a couple hundred don...