Should I Add My Kids to the Deed?

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The short answer is NO.  Usually parents who are doing this have two commendable goals in mind: avoiding probate and ensuring that the house passes to their kids. The theory behind this form of DIY estate planning is good; however, it comes with many significant risks and downsides. These goals can be accomplished by putting the house in a…

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9 Strategies for Successful Rental Real Estate Investing

9 Strategies for Successful Rental Real Estate Investing

For a variety of reasons, the rate of home ownership in the United States is declining at a steady rate.  Since 2006, home ownership has declined from 70% of the population to 64%. With roughly 329 million people in the country as of October 2018, this leaves approximately 118 million citizens who are looking to…

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Do I Need a Living Trust

I’m No Lawyer, But the Short Answer is…. Probably not.  For those who promote the use of living trusts, the general logic is that this is the single, best document that will help you avoid costly probate proceedings when passing assets to your heirs.  And while this technically may be true, in most cases there…

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