What is Mortgage Escrow? Escrow involves a third party (often an escrow agent) temporarily holding money or property until specific conditions are met. These conditions could include the…
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TAX IMPLICATIONS SURROUNDING RESIDENTIAL MORTGAGES IN MASSACHUSETTS: Q. Are last year’s mortgage escrow payments tax-deductible? A. You can deduct only the payments applied to your 2005 tax bills;…
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The Power of Trusts in Estate Preservation In 16th century England, wealth and power were largely a matter of how much land an individual owned. The king paid…
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How to prepare your children for a life without parents As young parents, it’s truly one of your worst nightmares: Both you and your partner die and leave…
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Who would raise your children if you couldn’t If you have young children, you should choose a personal guardian — someone to raise them in the highly unlikely…
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What to know about using life insurance as a source of income for your children. Life insurance may be a good source of income for your children if…
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