business
Should title of home be in trust?
Make sure the name of your trust is exactly the same named used in your trust and in your new deed. When using your trust to hold title to any real proper...
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Business
business
Can parent company transfer asset to subsidiary?
Assets can be transferred between companies that form part of a ‘group’ structure without being liable for CGT. To meet the CGT exemption rules which appl...
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business
Does my husband qualify for VA benefits?
If you’re the spouse, surviving spouse, dependent child, or family caregiver of a Veteran or service member, you may qualify for health care benefits. In ...
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business
At what point in a real estate transaction is transfer tax payable?
Considerations. Whether part of buyer or seller closing costs, real estate transfer taxes are generally paid at sale closing time. Residential real estate...
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business
What happens when a person on Medicaid dies?
If Medicaid pays for nursing home care, the state can try to collect reimbursement for these costs from the person’s assets after he or she dies. But afte...
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business
What is a copy statement charge?
Similar to paper statement fees, some banks may charge you a statement copy fee. This is another way banks tend to disguise those pesky paper statement fe...
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business
How much alimony does a wife get in Texas?
Amount of Maintenance in Texas Texas is unique in that, unlike many other states, the law limits the amount of support a court can order. Maintenance awar...
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business
Does autopay work with bad credit?
Have fair credit: Autopay’s low minimum credit score requirement makes it an option for borrowers with a fair credit score (630 to 689 FICO). Need a co-ap...
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business
Do I have to declare a cash gift from a parent?
No tax is due on any gifts you give if you live for 7 years after giving them – unless the gift is part of a trust. This is known as the 7 year rule. If y...
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business
What is basic double-entry system?
In the double-entry system, transactions are recorded in terms of debits and credits. Since a debit in one account offsets a credit in another, the sum of...
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