Search Results for: dream act
Choosing A Business Entity Type Is An Act Of Estate Planning
Estate planning lawyers always say that estate planning is about planning for life, not just planning for death. If you love your line of work so much that you never want to retire, then spending your days playing golf or walking on the beach probably does not sound appealing enough to motivate you to… Read More »
Investors’ Share Of Residential Real Estate Purchases Is Nearing A Record High, But The DC Metro Area Is Not The Center Of The Action
Investing in real estate is not an easy way to get rich quick, despite how some ads on the Internet might make it sound. It is, however, a solid business idea; after all, there is always demand for housing. As house prices rise and the job market continues to reel from pandemic-related uncertainty, more… Read More »
Yikes! Maryland Is Among the Top 5 Most Expensive States to Retire
Unless your goal is to create generational wealth or to use it as an income-generating asset, then selling your empty nest and moving somewhere more affordable makes the most financial sense. There is no reason to live inside the Beltway, where the housing prices are astronomical, once you have retired from your inside the… Read More »
The Estate Plan Backup Plan
Wishes are an effective way to start a long-term project. Watch any episode of Shark Tank or any documentary about a successful artist or innovator, and you will hear stories of how someone wished to follow the example of a particular extraordinary person or wished to invent something that did not yet exist but… Read More »
Why Should You Start A New Business? Let’s Count The Reasons!
Daydreaming about entrepreneurship is one thing, but following the steps to establish a business is another. Operating your own business means working around the clock without any certainty of getting paid. When you are determined to bring your entrepreneurship dream to fruition, however, it is completely worth all the hard work. Your family and… Read More »
The Biggest Obstacle To Your Real Estate Empire Could Be Sitting At The Head Of Your Dining Table
Years later, it is possible to laugh about how meddlesome members of your family interfered with your plans for your wedding; one can have a sense of humor about a pescetarian mother-in-law who went behind your back to tell the caterers to replace the steak tartare appetizer with sashimi or about the wannabe celebrity… Read More »
Real Estate Investing Is Not A Game
Some people approach investing as a game, as if the uncertainty about whether you will gain or lose money from the investment, and how much you will gain or lose, is part of the fun. If this is your approach to investing, then buying real estate properties and renovating them in order to generate… Read More »
2022 Is The Perfect Year To Benefit From The Annual Gift Tax Exclusion
When your kids were younger, this time of year was when you would take them shopping to buy clothes and school supplies for the upcoming school year, and they would daydream about which Halloween costumes they wanted to wear that year and which presents they hoped to find under the Christmas tree. Life was… Read More »
The Least Risky Ways To Get Started Investing In Real Estate
Some cynical articles have gone as far as to say that getting paid to do nothing is the new American dream. In fact, the quest for passive income is nothing new; Americans have been searching for it for at least as long as jobs where you could earn a reliable income and build up… Read More »
How To Tank Your Estate Plan: Parent PLUS Loans
Not all parents take the same approach to estate planning, but everyone who has children takes their children into account when developing an estate plan. Some live well below their means while dreaming of leaving a generous inheritance for their children and grandchildren. Others maximize their annual gift tax exclusion and set up revocable… Read More »
