Should a House Be in an Irrevocable Trust?

A home can go into an irrevocable trust. But giving up control over a primary residence is not something most owners want to do. The owner lets go of the “incidents of ownership” and the house goes under a separate tax ID, with taxes filed by a trustee. The owner might continue living in the home, butContinue reading “Should a House Be in an Irrevocable Trust?”

The Abstract of Title in Real Estate: What Is It?

DEED.COM An abstract of title is a written chronology of all recorded documents and proceedings related to a specific piece of real estate. It shows the names of all the owners, how long each held title, and what each paid for the property. The abstract is used for verifying a property’s marketability. The abstract offers assurance that the property isContinue reading “The Abstract of Title in Real Estate: What Is It?”

These Eye-Catching Bricks Are Made from Textile Waste

Fab BRICK upcycles clothes into bricks that are great thermal, acoustic insulators. By Katherine MartinkoPublished March 5, 2021 01:44PM ESTFact checked by Haley Mast Clarisse Merlet was a French architecture student in 2017 when she became alarmed about the amount of textile waste created each year. In France, it’s estimated to be around 4 million tons, andContinue reading “These Eye-Catching Bricks Are Made from Textile Waste”

Homebuilder confidence drops as interest rates and lumber prices rise

A contractor works on a house under construction at the Norton Commons subdivision in Louisville, Kentucky, U.S., on Monday, March 8, 2021.Luke Sharrett | Bloomberg | Getty Images A monthly index measuring homebuilder confidence in the single-family housing market fell, as builders face rising interest rates and rising costs for materials, especially lumber. The NationalContinue reading “Homebuilder confidence drops as interest rates and lumber prices rise”

How Rooftop Solar Benefits Your Neighbors

Homeowners who install solar on their roofs lower electricity costs for those around them, new study finds. By Sami GroverPublished February 12, 2021 11:09AM ESTFact checked by Haley Mast Ever since rooftop solar became cheap enough to start proliferating, there has been debate about fairness and equity. Specifically, some have argued that policies like net metering –Continue reading “How Rooftop Solar Benefits Your Neighbors”

SHOULD YOUR PROPERTY RIGHTS?

Article    |    Institute for Justice Imagine a law giving bureaucrats unbridled discretion over your property rights. It would provide no standards. City officials could stop you from using your property—such as putting up a fence or planting a tree—for arbitrary reasons, or, indeed, for no reason at all. And you’d have no one to appealContinue reading “SHOULD YOUR PROPERTY RIGHTS?”

Here’s how wealthy families will save on estate taxes in the Biden presidency

PUBLISHED TUE, JAN 19 20218:30 AM Andrew Osterland Wealthy Americans worried about the prospect of higher estate and gift taxes might have more time to come up with a strategy. With Jon Ossoff and Raphael Warnock both winning their Senate runoff elections in Georgia, the Democrats now have control — albeit precarious — of theContinue reading “Here’s how wealthy families will save on estate taxes in the Biden presidency”

How To Actually Teach Your Kid The Value Of Money

Raising a financially literate child doesn’t have to be difficult.By Taylor Pittman In a world of credit cards, online banking, tax codes, investments and retirement plans, keeping up with money can be tough for adults, and even more so for kids. So, for the many parents who want to teach their kid economic ideas and prepareContinue reading “How To Actually Teach Your Kid The Value Of Money”

Expiration of state eviction protections led to 434,000 extra COVID-19 cases, study finds

Dhara Singh·ReporterDecember 1, 2020·4 min read The expiration of state eviction protections led to 433,700 additional coronavirus cases and 10,700 excess deaths from March to September, according to a new study. “We expected there to be a relationship between moratoriums lifting and COVID-19 outcomes,” said Kathryn Leifheit, an epidemiologist who was a lead researcher onContinue reading “Expiration of state eviction protections led to 434,000 extra COVID-19 cases, study finds”

Reverse mortgage pros and cons

Peter G. Miller – Bankrate – Wednesday, August 19, 2020 Reverse mortgages have become more attractive as a result of low mortgage rates, which have given homeowners the ability to access more of their home’s equity, even if its value hasn’t considerably gone up. In a reverse mortgage, this ultimately makes more money available toContinue reading “Reverse mortgage pros and cons”