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Taking Over Finances for Your Elderly Parents? This Checklist Can Help.

The Motley Fool

Sometimes, it involves taking over their finances, because they're no longer in the best position to do so. If you find yourself in a situation where you believe it's best to take over your aging parents' finances, here are some steps that could simplify the process. Here are four steps to guide you.

Finance 246
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Should You Retire Overseas? Here's How to Decide

The Motley Fool

So, retiring overseas might sound like a dream come true -- think sunny beaches, quaint European villages, or scenic Asian cities that are better for your personal finances. Financial and legal considerations Moving overseas can have significant financial and legal implications. Taxes You may still have to pay U.S.

Legal 246
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20 of the Best Online Side Hustles for 2024

The Motley Fool

per hour Consultant: $45.81 per hour Being a business consultant or project manager can include a lot of different types of work and situations, but it pays well. You can do bookkeeping, medical coding, legal transcription and other online side hustles while working from home. per hour Web designer: $38.81

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Here's Why I'm Seriously Considering Using a Living Trust to Pass Inheritance to My Family

The Motley Fool

This article is intended for educational purposes only and is not legal advice. A hidden benefit I can appreciate A living trust is a legal arrangement that allows you to pass assets on to other people. Probate is the legal process of confirming a will's validity. For guidance on your personal situation, please contact a lawyer.

Legal 246
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3 Reasons to Seriously Consider Using a Living Trust to Pass an Inheritance to Your Family

The Motley Fool

This article is intended for educational purposes only and is not legal advice. If you're not familiar with a living trust , it's a legal agreement that allows you to transfer assets to other people. You want your family's finances to be a private matter Delaying an inheritance isn't the only problem with probate.

Legal 246
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Is a Living Trust Really the Best Way to Pass an Inheritance to Your Family?

The Motley Fool

This article is intended for educational purposes only and is not legal advice. But is this legal instrument truly the optimal method for passing on your inheritance to your loved ones and your cherished causes? Common tasks can include financing the trust, revising beneficiary designations, and guaranteeing legal conformity.

Legal 190
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Top 5 Tips to Make Your Side Hustle More 'Serious' (and Successful)

The Motley Fool

Whether it's a graphic design consulting business, a small online craft store, a cupcake bakery, or a home-based meal prep service, a side hustle can be a great way to earn extra cash. Form an LLC or other legal business entity There's no one right answer to the question of when you should form an LLC for a side hustle.

Legal 244