In part 3 of 'Death & Taxes' we find out who pays the taxes when someone dies. Is it the estate, the beneficiaries? And what is the difference between a will and a trust, anyway? Ronda Gardner, owner of Gardner Estate & Taxes, CPA and the CEO of Utah Association of CPA's, Susan Speirs answer these questions, and more. Find out why it is so important to have everything in order before you die.
In part 2 of 'Death & Taxes' we take on lower & middle class income earners. You have a modest estate, a middle class home, maybe a couple thousand in a 401k and you don't know how to divide it up among your beneficiaries. Ronda Gardner owner of Gardner Estate & Trust, CPA and the CEO of Utah Association of Certified Public Accountants, Susan Speirs sifts through the process. What's the best way to prevent in-fighting between multiple people who inherit? Why designating a 'specific bequest' could save your inheritor from paying taxes.
In part one of my Death & Taxes series, we tackle rich people. Inheritance tax laws get very tricky when you have a lot of money and/or assets to pass on to relatives. Ronda Gardner of Gardner Estate & Trust, CPA helps us understand how to best avoid that 40-percent inheritance tax.
Living paycheck-to-paycheck makes it very hard to put away $1000 for an emergency fund. But, The Penny Hoarder editor, Justin Cupler, has a month by month plan to do just that.
Start by opening a savings account which puts money in your account. Then, sell items you don't need or use in your house. You can also get the internet to work for you on purchases you already make.
Become a mystery shopper and someone who fills out surveys. It takes a little bit of extra time and effort each month; but, all these activities will get you to your goal at the end of one year.
The co-founder of Altra Running explains how baking shoes in a toaster oven led to a 25-million dollar company. Jeremy Howlett and his cousin, Golden Harper, became world-wide entrepreneurs by being passionate about their idea and using social media to connect with seed investors and capital venturists.
Howlett explains the different ways to find financial backing for your great idea, and why you shouldn't give up when you've been turned down by some of the biggest names in the industry.
Altra Running is not resting on their laurels, they continue to be on the cutting edge by combining smart technology into their shoes. You need to keep the creative juices flowing if you want to continue to grow your business.
If you're looking to collect more interest than your average CD or IRA stock portfolio, peer-to-peer lending may be for you. Investor Ruben Schoenfeld discusses how programs such as Prosper and Lending Club can yield income with as little as $25 investment.
And if you need a loan but can't get one through a bank, this may be the place for you to try. Multiple people chip in small amounts of money to fund the loan amount you need. But, this is NOT a Go-Fund-Me account. You still have to pay back the loan.
Find out the different risk levels, how much, or little, money you can make by investing in people. So whether you need a loan for home improvements, debt consolidation, baby or adoption loans, these programs could work for you.
Mind & Body Alchemist, Jacqueline Morasco, joins host Heather Kelly to discuss saving big bucks by making your own cleaning supplies. Not only can you pinch pennies, but you can save your health, which saves more money in the long run.
Learn which cleaning supplies are the most harmful to your health by downloading the FREE App - Healthy Living. And find out how cheap it can be for a 2-year supply of home-made cleaning ingredient. Jacqueline walks us through a few recipes and you can find more info on her website at http://spiritedpractice.com/ and on Etsy.