Many stocks — such as Walmart, Dell and Google — trade on the New York Stock Exchange (NYSE) or another public stock exchange. Shares in public companies can be converted to cash within a few days. But privately-held business investors do not have the same luxury. Their investments can take months or even years to…
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Update on Home Mortgage Interest Deductions
If you own a home with a mortgage, you should receive an IRS form from your lender each year with information that is used to claim an itemized deduction for qualified residence interest. For 2016, that form should include additional information that could trigger unwanted attention from the IRS. Here’s what you should know about…
Prenuptial Agreements as an Estate Planning Tool
Prenuptial agreements and domestic law vary from one state to another but nearly every state has laws that prevent one spouse from entirely disinheriting the other. However, with a prenuptial agreement, one spouse can waive his or her right to the other spouse’s estate. What if you are already re-married and didn’t sign a prenuptial…