Joint tenancy not foolproof for estate planning
A reader asks about buying a home in joint tenancy with an ex-wife sister co-owner. The article warns joint tenancy can bypass probate but still requires a will and legal advice as laws vary by state. It notes unlikely tax headaches here but suggests consulting a lawyer to draft wills to reinforce survivor rights.
MENTIONED IN THIS ARTICLE
MR. C
Zen
M.C.H
Truck Traffic Strangling Big Cities Says Experts
NEW YORK UPI experts warn urban truck traffic cripples city life as costs soar. In New York Chicago and Los Angeles trips to keep cities running average 1.6 million daily, with routes and tolls debated to ease congestion. Authorities urge drastic measures like restricted downtown access and new truck routes over major streets.
MENTIONED IN THIS ARTICLE
New York
UPI
The
American Trucking Association
Chicago
Los Angeles
John Page
Clark Equipment Co
Buchanan, Mich
Page
Detroit
Minneapolis
Dallas
Miami
Philadelphia
Northwestern University
Northwestern
Considering a swimming pool in a modest family budget
The writer weighs inflation and policy risk against building a pool. With $10,000 income, three kids, mortgage $135, car $52, and under $1,500 savings, a $3,000 pool loan via life insurance policy is viable. The adviser says inflation risk exists but pool adds value and living quality, recommending a repayment plan while noting liquidity sacrifice but solid debt load.
MENTIONED IN THIS ARTICLE
Mr. D. S
Also Mentioned on This Page
MR. Campbell
Weiter
Sheila Driscoll
Raytheon Company
Lockheed
Allen Meyer
Newport Beach
Lockheed California Company
Etse Au
St. Lancaster
Calif
Bavaon
Lancaster
Cent
Choice Apt
É& Eee
Cal
Apt
Suama
Pacific Ocean
San Clemente, Cal
Independens
Press-Telegram-P
United States
Campbell
the Register and Tribune Indicate
Costa Mesa
Crete
TIC Patio Homes
Suburbia
South Coast
Vallarta
San Diego
Adams Ave
Gisler S&t