Wills — Put Them On Your To-Do List

Many people put off making a will until it’s too late. According to the New Jersey Coalition for Financial Education, unofficial estimates of the percentage of Americans who never write a will range from 50% to 75% of the population!  Dying without a will can result...

They Froze My Money In The Bank!

If you have a joint bank account you should know that if a creditor obtains a judgment against one account holder, they could (and usually do) try and file a “bank levy” to have a Sheriff seize the money in the joint account. If your name is on a joint account with...

Should You Use a Joint Bank Account Instead of a Will?

Parents often think that by adding a child’s name to a joint bank account, they are making things easy for the family in the event they die.  While a joint account holder does have the ability to access the account on which he or she is named, owning assets...

Are Joint Bank Accounts A Good Idea?

Many people, usually spouses, have joint bank accounts. Sometimes joint bank accounts are opened for the convenience of allowing a child to access funds and write checks to pay bills.  Sometimes joint bank accounts are opened up as a way to have ownership of the funds...

Can You Trust Your Student Loan Servicer?

Many people have student loans and rely on the servicers to process their payments and deal with them fairly when it comes to negotiating any repayment terms.  But the Consumer Financial Protection Bureau has shown us that we need to question everything when it comes...

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