Date: July 2020

3 posts in July 2020

The Changing College Landscape

July 29, 2020
Two college students keeping social distance

The 2020-2021 academic year is right around the corner, and the coronavirus pandemic has upended the college world, like everything else. Not only has COVID-19 impacted short-term college operations and student summer plans, but the virus could end up being the catalyst that changes the model of higher education in the long term. Here are…

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Four Things to Consider Before Refinancing Your Home

July 29, 2020
Home Mortgage Refinance Application and pen and calculator.

Mortgage refinancing applications surged in the second week of March 2020, jumping by 79% — the largest weekly increase since November 2008. As a result, the Mortgage Bankers Association nearly doubled its 2020 refinance originations forecast to $1.2 trillion, the strongest refinance volume since 2012.1 Low mortgage interest rates have prompted many homeowners to think…

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Could You Be Responsible for Your Parents’ Nursing Home Bills?

July 29, 2020
Elderly woman reading paperwork

In 26 states (and Puerto Rico), laws generally hold children financially responsible for certain debts of their parents. These laws are referred to as filial responsibility laws (or filial support or filial piety laws). The details of filial responsibility laws vary by state. Most require that a parent must be deemed unable to pay for…

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