Paying for an aging loved one’s care sometimes results in a medical expense deduction. Paying for a deceased loved one’s funeral, on the other hand,...
All Family Finances Articles
How To Set Up a GoFundMe Campaign
It has become a familiar sight online. Someone posts a campaign on a crowdfunding website such as GoFundMe.com asking for small donations to raise money...
Help Your Elderly Parents with Their Finances
You just found out that your mother hasn’t paid her utility bill for months, and now her electricity has been turned off. You are not...
Is a Family Limited Partnership Right for You?
Do you think a Family Limited Partnership (FLP) is something that you don’t need to consider? Maybe…maybe not. FLPs—a type of business entity owned by...
How to Handle Marriage and Money
Sooner or later, money becomes a point of contention in every marriage. It’s inevitable that two people, no matter how loving, will sometimes differ about...