For Starters, the Court, in what is called a just and equitable manner, is responsible for deciding on the division of debt between married couples that are going through a divorce. If someone uses a credit card to pay for household items, and their spouses name is not on the credit card, it doesnt mean they cannot hold both parties responsible for that debt and assign a portion to each spouse. Such a debt owed to a credit card company would...more
Many people choose to invest their money because it can be very profitable. There are many different ways and places to invest money. Some investors inquire about whether or not it is possible to make money hedge fund investing. A few tips can help just about anyone to be successful in this manner.It is important to hire the right manager. Not all managers will be successful with hedge funds. Do background research on every...more
If a spouse earns retirement benefits during marriage, the other spouse has a marital interest in such assets. As a Minneapolis Divorce Lawyer, I've seen many have the misconception to believe that retirement assets are individual assets because the individual earned them. Minnesota law is very clear in that if a spouse earns retirement benefits during marriage, the other spouse (just through the fact that there is a marriage) has a just and equitable share in those retirement assets. Assume that a divorce takes place and the wife had a 401(k) plan worth $100,000. Further assume that all contributions (whether made by the wife or wifes employer) occurred after marriage. In this case, the entire $100,000 is going to be treated as marital in nature. Minnesota law calls for a just and equitable division of marital property. Therefore, in the example referenced above, the wife and husband would be entitled to a just and equitable division of the 401(k) plan. Typically (although every case is different), a just and equitable division may mean that the marital asset be divided in one-half. Consequently, unless other extenuating circumstances were present, both husband and wife would...more
Learning how to invest in Real Estate Owned by banks through foreclosure can be a lucrative way to make profits in the multiple thousands of dollars, literally overnight. Once you learn how to invest in these portfolios of properties, you will understand this is not an opportunity that comes along every day. In fact, bulk investing is almost an...more
Tempe DUI lawyer, why would you need one? No matter where you are, a DUI charge is a very serious charge, which is why you need to consult a Tempe dui lawyer. Only someone who is familiar with the ins and outs of the laws surrounding driving under the influence can successfully deal with the court system. It is not something that you...more
Their is a huge opportunity that exist for investing in Bulk REOs. Many banks are now willing to sell their non performing assets for a small fraction of their value. When you choose to start investing in Bulk REO propety, it is about creating relationships with banks. hedge funds, and private investors and other buyers. You part is to act an intermediary between the buyer or the seller and charge a small fee for facilitating the transaction.Banks do not want non performing assets on their books. The reason for this is that banks have to hold back more money in reserves to cover potential losses and that means they cannot lend that money out either. The banks do not want the associated costs, taxes, maintenance, insurance and utilities. Banks are in the business of lending and not real estate investing.Banks therefore will offer property portfolios of these bad assets to investors at reduced prices. Real estate investors offer banks the unique ability to unload their bad debt quickly so they can put more cash back into the lending system Everyone wins.Despite how fantastic bulk REO investing may seem, some training is advised before jumping in. You need to learn some...more
If you are not a baby boomer in your late 60's, then you should probably be concerned about saving for your retirement. It is almost a sure thing that there will be little Social Security for you, even though you have paid thousands of dollars into...more
Most investors incorrectly think of "risk" as the possibility that the market value of a financial asset might fall below the amount that he or she has invested in the asset. OMG, how could this be happening!Think about it. The harboring of these...more
Most people enter the investment arena thinking that "Risk" is a board game they played in college. Today, I would guess that the majority of investors have never owned an individual share of common stock or a Municipal Bond. The popularity of...more
When approaching the twilight of a person's life, they should not have to worry about income. Unfortunately, most people's retirement income is not adequate enough to cover their costs.Investment properties are a great way to plan supplemental income...more
There is a common assumption that criminals are those who commit heinous crimes and are not suitable to fit into society's norms. Therefore, if you or any of your family members are arrested or are facing a criminal charge, it's an...more
The third time might be a charm for Brett Favre. The 40-year-old quarterback has given the Minnesota Vikings a scare, going public with his contemplation of retirement from the National Football League. While nothing has been settled yet, Favre...more