Why Financial Planners Need to Understand Modern “Irrevocable” Trusts

By Bakalar & Asociates, PA Many financial planners have been ill advised regarding the modern benefits of Irrevocable Trusts.  Traditional Irrevocable Trusts pose several historical problems which include: 1.         Requirement for a new EIN number from the IRS for income …

HOA Policy Enforcement for a Happy and Harmonious Community

Article Courtesy of  VENDORSMART Published February 19, 2021 A community meeting with people grasping hands in a team effort How can your board enforce your policies for the good of your HOA or condo association? As a condo or HOA …

Citizens home insurance policies soar in Central Florida; higher costs could hit all our pocketbooks

Article Courtesy of The Orlando Sentinel By Trevor Fraser    Published February 11, 2021 State-run Citizens Property Insurance is sounding alarm bells over their rising number of policies it holds in Orange, Osceola, Seminole and Lake counties.  CEO Barry Gilway says Florida’s overall …

Some mortgage companies misled borrowers about forbearance, regulators say

Article Courtesy of Bankrate By Jeff Ostrowski Published February 9, 2021 Some mortgage firms gave homeowners “incomplete or inaccurate information” about a federal law designed to prevent a spike in foreclosures, a federal regulatory agency says in a new report. The findings …

What Are Covenants, Conditions And Restrictions (CC&Rs) In An HOA?

Article Courtesy of  Forbes Advisor By Casey Bond and Mike Cetera    Published February 7, 2021 If you move into a condominium, gated complex or other planned community, there’s a good chance you’ll also have to join a homeowners association (HOA). …