Four Tools of a Financial Foundation

A financial foundation is just like a house foundation, you can’t build it from the roof down. You need to build a foundation first. Have you ever noticed that some people seem to have wealth flow to them? Yes, some professions tend to pay more than others,

The New Quirks of Home Financing

Home financing has never been easy but it is getting more difficult. In March I decided that with mortgage rates so low, I should refinance one of my rental properties that had a 7% loan. The rent I get is pretty much break even, I have a

Should Your Trust Own Your Business?

Should Your Trust Own Your Business? Should Your Trust Own Your Business? The question often arises as to whether the family company, a corporation, LLC, or limited partnership, should be owned by the parent’s living trust. Owned by the trust probably isn’t a good way of phrasing

Should Your Trust Own Your Business?

The question often arises as to whether the family company, a corporation, LLC, or limited partnership, should be owned by the parent’s living trust. Owned by the trust probably isn’t a good way of phrasing the statement. The company is owned by whoever owns the stock. (In