Jennifer Cook

Sep 24, 2024 | time.com | Jamie Cattanach |Matthew Collister |Jennifer Cook |Julia Kagan

Cash value life insurance, which is a type of permanent life insurance, can help you provide for your family (or other beneficiaries) after your death while offering a savings feature from which you can benefit while living. Any permanent life insurance policy, such as whole or universal life, typically has a cash value feature that acts as a sort of savings account. It’s funded with part of your premium payments and earns interest depending on the specific type of life insurance policy.

Sep 24, 2024 | time.com | MoreBy Jean Folger |Jean Folger |Alicia Tuovila |Jennifer Cook

A limited liability company (LLC) can offer you personal liability protection from the business activities you engage in. If you are a real estate investor, a real estate LLC can protect your assets against certain lawsuits. It can also make it easier for you to invest in real estate with other partners. Here is a guide to help you decide if a real estate LLC is right for you. Why set up an LLC for real estateReal estate investing is a particularly risky venture.

Jul 24, 2024 | time.com | Bob Haegele |Jennifer Cook |Julia Kagan

Gas prices are a key economic indicator for millions given that 91.7% of American households own one or more vehicles, many of which need to be filled with gasoline regularly. So the news that gas prices have edged down nationally is providing a bit of welcome relief as families and individuals plan their summer vacations. Of course, gas prices are a complex calculation, and some states have lower prices than others. Here’s why—and where costs are lower.

Jan 4, 2024 | investopedia.com | Jennifer Cook

Filing a tax return can be a real challenge even when you're single. Add a child or two (or more), a stepparent, and/or your spouse into the mix and you might find yourself holding your head in your hands. Fortunately, the Internal Revenue Code is replete with provisions for parents and spouses. Coming out on top at tax time begins with an understanding of these provisions, from filing statuses to the rules of claiming a dependent.

Jan 2, 2024 | investopedia.com | Jennifer Cook

The population is growing and lifespans are increasing. Increasing numbers of people are reaching an age where estate planning and transferring their property, savings, and assets to others are demanding serious strategic thinking. Goldman Sachs Asset Management has noted that "a demographic and massive wealth transfer story is underway as the Silent Generation (those in their seventies and above) pass on their wealth to Baby Boomers and Generation X."But how do you do that tax-efficiently?