Your name might seem like a personal issue, and you should be able to call yourself whatever you like — in theory. It doesn’t always work that way, though. You might have a nickname, but when it comes to the legal side of things, only your legal name will work.
Your name is also used for legal and financial purposes, and, therefore, it has some official standing. You may be referred to by a nickname in conversation, but when it comes to official documents, like bank checks, you must use your legal name. When signing a contract, like mortgage documents, using a nickname is inappropriate and makes the contract not legally binding. For legal purposes, your identity is attached to a specific name.
Planning You Estate & Your Will
Estate planning sounds like something for wealthy people, but everyone has an estate and the right to direct how it should be distributed upon their passing. If you have children or other family members, it’s your responsibility to make decisions about your assets to protect your heirs’ rights after you die.
An estate is not just a big fancy house. It’s a legal term for the sum of all your possessions. Your estate may include a vacation home or other real property, but it can also contain small personal possessions that have more sentimental than monetary value. Everything you own, no matter its worth or size, can be distributed according to your wishes after your death, if you specify your instructions in a legally binding will.
Are You Prepared for Temporary Guardianship?
There are a few reasons you may need to become a temporary guardian. This legal arrangement allows you to manage someone else’s financial, personal and medical matters for a set period. It is something you may voluntarily take on for someone in your life who needs your help, or a court could appoint you as the temporary guardian for a minor.
The difference between a guardianship and a temporary guardianship is the length of time it remains in force. A guardianship is usually indefinite, while a temporary guardianship typically ends after a set date, and you’re no longer able to manage someone else’s affairs. The temporary nature of this type of guardianship might get you through a health crisis or give you control of a minor child’s assets until that child becomes an adult.
Disasters caused by extreme weather or other emergency situations are more common than you might think. It’s a good idea to prepare your home or business with an emergency plan to help things run smoother in the event of such a disaster. Part of your emergency plan should include safeguarding certain information, so you can find it quickly when it’s time to clean up from the disaster.
You will need the phone number of your insurance agent along with policy numbers and other insurance documentation. Unfortunately, not all damages are covered by insurance, meaning a disaster may leave you without the means for a successful recovery. The Small Business Administration (SBA) provides loans for disaster recovery.
How Do SBA Loans Work for Disaster Relief?
Tips for Selling a Classic Car
Buying and selling used cars is not a difficult undertaking. Most Americans have done this at least once in their lifetimes. When you sell a used car rather than trade it in at a dealer, you usually get a better price for the vehicle. Sometimes, you can get a good deal on a used car when you buy it through a private sale as well.
A classic car is definitely used, and it’s much older than the average car on the market, but it is a bit different. To sell a classic car, you want to be sure you get the right value for it.
By preparing for the sale and marketing properly, you may be able to connect with the right buyer and get a very good price for your classic car.
Selling your car can be a source of needed funds, especially if you are moving or already have a new car. The money you recoup from selling your old car could be enough to help you pay for something else — like car insurance for your other vehicle, for example. These six steps will get you through the process of advertising and selling your car.
Your home is one of your biggest assets, so when you consider selling it, you want to make sure you get the most money you can out of it. Real estate sales take place every day. People seem to buy and sell houses more frequently than they used to just a few decades ago.
There are several options for selling your home. When you are ready to sell, you need to decide the best means of attracting a buyer and completing the transfer of ownership. If you are considering a for sale by owner transaction, there are some ideas you should keep in mind.
If you’re familiar with structured settlements, you may already know you’re within your rights to sell your settlement. Selling a settlement, however, is dependent on a judge’s approval. Your reason for selling must be compelling, as judges approve settlement sales based on whether they’re in your best interest.
What are some compelling reasons for selling your structured settlement for cash? Find out the six common reasons for selling your structured settlement payments below.
If you’ve seen a J.G. Wentworth commercial over the last few years, you probably already know the answer is a resounding “yes.” Whether you sell, however, is up to you and is dependent on a judge’s seal of approval.
How Selling a Structured Settlement Works
Sales of structured settlements begin with a need or want. You want to buy a house or you need to pay off your college loans, for example, but your annuity payments can’t match your wants or needs.
Save Money on Your Mortgage
Buying a house is still an attainable part of the American Dream for most people. Many choose to save for the down payment and then get a mortgage to make the purchase. For most, the monthly mortgage payment is the largest monthly expense they have.
When you’re looking for ways to save money, it’s always a good idea to look at your largest expenses first. Saving just a small amount on those big bills can make a noticeable difference in your overall budget.
To that end, here are some mortgage loan tips that can help you save money: