FBO is an abbreviation for the common term âfor the benefit ofâ and it is often used in estate planning. In a trust, the term conveys ownership and value to the trustee. The FBO legal language is there to protect ⦠Continue reading â
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There are a lot of things to think about when you get a credit card. Aside from getting the best credit card rewards, youâll hear about things like balance transfers, credit scores and APRs. But what about a simpler question ⦠Continue reading â
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If someone writes a check to you, you could write that check over to someone else instead of cashing it or depositing it into your bank. At that point, it becomes a third-party check. Third-party checks can allow you to ⦠Continue reading â
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The unemployment rate gets plenty of media coverage. This ratio represents the percentage of people in the labor force without jobs whoâve been actively looking for work within a four-week period. Many people believe that itâs a good indication of ⦠Continue reading â
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Before you can buy a new car, youâve got to figure out what to do with your old one. You could always try to sell it yourself but if you donât have cash for the down payment on a new ⦠Continue reading â
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Most people would like to retire when they are still healthy and active but financially secure enough to continue an energetic lifestyle. The younger the better, for most of us. However, the best age to retire for longevity is different for everyone. It depends on many factors, such as your finances, your health, and what […]
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Mortgage applications came in higher again last week, as more consumers took advantage of another pullback in mortgage rates, according to the Mortgage Bankers Association. The MBA’s Market Composite Index, a measure of weekly loan volume based on surveys of association members, increased 3% on a seasonally adjusted basis for the seven-day period ending March … [Read more…]