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An increasingly popular way to avoid probate and other estate planning issues is the transfer on death or payable on death account. There can be more to these accounts, which I’ll refer to as TODs, than many people realize. Most financial institutions now have a specific form that is completed…

As many of my loyal followers and readers know, I’m a big fan of the net lease juggernaut known as Realty Income (O). I’ve been a shareholder in the San Diego-based REIT for over a decade, and I’ve witnessed the evolution of the company – from a small landlord to…

Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseThe US and Japan have outlined the most significant upgrade to their joint military alliance since 1960, warning that China’s aggressive posture posed the “greatest strategic challenge” in the…

Before converting a traditional IRA to a Roth IRA, residents of states with income taxes should review how their states will treat the transactions. Under federal tax law, the owner of a traditional IRA can roll over some or all of the account to a Roth IRA. The amount rolled…

There’s good and bad news for mortgage rates this week. The good news is rates have continued their slow downward trend, averaging 6.87% on 30-year, fixed-rate mortgages, Freddie Mac reported. Although this is promising, lowering interest rates is far from the norm. Last week, 30-year mortgages had average rates of…

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