The passing of a loved one is an emotionally challenging time. Unfortunately, even what would normally be positive elements — such as receiving an inheritance — are tainted with difficult emotions. If you've received or will receive an inheritance from your loved one, you may have many financial and tax questions about it. To help you manage your rights and obligations, here are a few answers to common questions.
Is an Inheritance Taxable Income?
A question that doesn't come up that often — mainly because people don't really think about it at the time — but has an effect on your life is what cosigning for a bail bond does to your credit. Bail bonds don't really go on your credit report, but they can have small effects in general, and huge effects if something goes wrong. You really need to be careful about how you get that bail bond because the consequences of things going wrong go beyond just losing something of value.
People often donate money to people and organizations that they relate to. So, if you are someone who enjoys sports, you might be thinking about donating to college athletes. Sometimes, this means donating to college athletic programs. Other times, you may donate to scholarship and grant programs that directly support the students themselves. In either case, what are the key reasons to donate to college athletes and athletic programs? Take a look.