He warns that «Giving
legal ownership of your money to your kids means exposing the money to the kids» issues: lawsuits, bankruptcies, stealing, divorces and influential spouses.»
Not exact matches
Foreclosure — When a homeowner defaults by failing to make payments on their mortgage, the lender that holds the mortgage is given
legal ownership of the property to allow them to recoup the
money that was lent.
This is different from earnest
money, which you may have to pay to the seller after you've made an offer, or closing costs, which cover all the administrative and
legal fees that must be paid before you can take
ownership of the property.
- Mortgage paperwork - Car loan and
ownership information - Copies in insurance certificates - Medical records - Birth certificates -
Legal documents and wills - Driver's license and passport - Important phone numbers and contacts - Emergency
money Know all
of your available options It is crucial that you understand all
of the resources, policies and options available to you in the even
of an emergency.
But it's indispensable for many human endeavours: adjudicating claims about the past, computing property
ownership or
money balances, certifying quality based on testing, and proving precedence
of publication (relevant to intellectual property) or proving the fact
of publication (relevant to
legal compliance, fairness, authorship claims and so on).