Morning Food Call With Jewel and Oscar
Jul 13Oscar plays, Jewel sleeps. Oscar tries to wreck the place, Jewel sleeps. Oscar runs in and out, opens doors, dashes out the front door before we can catch him, Jewel with ears up lifts her head, looks at Oscar and goes back to sleep. Sleeping is her main activity in life. In fact it seems that Jewel’s only physical activity is begging for food with her subtle smile and big round eyes and then...
What is a reverse mortgage?
Jul 01A reverse mortgage is a loan for homeowners 62 and older. Reverse mortgages are non-recourse loans, insured by HUD, that enable mature homeowners to convert illiquid home equity into tax-free loan proceeds. Your home acts as the only collateral for this loan and is the only asset that can be tapped for repayment when the loan comes due. No monthly repayment is required during the loan term...
LTCi Part 7: Tax Treatment for Businesses
Jun 17This is the seventh in a series of blogs on the topic of Long Term Care Insurance. I have broken them down into smaller segments since this is such an important and extensive topic. As we discussed previously, Congress favors the business owner over the individual when it comes to deducting the cost of Long Term Care insurance. If you are self-employed, you can deduct the cost of long-term...
Fixed Annuities and the Stock Market
Jun 14With the recent volatility in the stock market, annuities can provide a safe alternative for those interested in investing. Unlike bonds, they don’t lose value when interest rates increase. An annuity may sound complicated, but it’s actually a fairly simple concept. An annuity is a contract between an individual and an insurance company. If you are the individual, then you would make...
