So, what is a revocable trust? A revocable trust is a legal entity that is created to hold assets. The revocable trust could act as a self-defense tool to direct the use of assets should the creator of the trust become incapacitated. Parents can also use revocable trusts to hold assets for the benefit of […]

Annuity payments are a popular source of retirement income, but the topic is polarizing among the financial community. Some observers see annuities as an important and useful income source. Others see them as expensive and complicated instruments that don’t being much value to clients. So, what is an annuity payment, and how do annuity payments […]

With many home prices between $250,000 to $500,000 or more in areas across the country, it is simply not reasonable for buyers to make such a large purchase with cash. After all, it may take the average person several decades or longer to save up that amount of money. You may not realize, however, that […]

The question of what is a good credit score bothers most people, especially those looking to take a loan. This is because of the common knowledge that lenders, banks, credit card companies, and other financial service providers use your credit worthiness to deny or approve a loan. For that reason, this article provides a detailed […]

The concept of receiving a steady stream of income for a period or indefinitely for the rest of your life sounds ideal. And it is what many investors try to achieve through their investment efforts. For example, some purchase rental real estate to enjoy regular rental income, and others purchase dividend-producing stocks. While these are […]