This article happens to be from the Orlando Business Journal, but it does talk about a Federal bill that would limit seller financed real estate deals. I find this particularly disturbing, as not the feds are getting involved in making sellers banks that are being regulated. Given the economy and the difficulty of some buyers getting financing, seller financing may be the only option.
Here’s an interesting article that outlines some great considerations for estate planning for blended families. Knowing how difficult it was for me to do my own, careful consideration, time and a great estate attorney are a must for sorting out the best strategy in your estate plan. The potential for hurt feelings for those left behind are perhaps more important than the taxes.
Overall, we’re lucky. We have systems in place to help us in times of trouble; fire, police, the Red Cross, etc… Most of us also have support that we trust-friends, family and service professionals such as insurance agents. During the time of