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Jun 25, 2025 By Xeni Mortgages & Credit Credit Report, Credit Score, Homebuying, Mortgage Application

Unraveling the Impact of Mortgages on Your Credit Score

Unraveling the impact of mortgages on your credit score

Essential Insights at a Glance Submitting a mortgage application tends to cause a short-term dip in your credit score. Making steady, punctual mortgage payments gradually strengthens your credit profile and

Continue ReadingUnraveling the Impact of Mortgages on Your Credit Score

Jun 24, 2025 By Xeni Tax Planning Estate Tax, Financial Planning, Tax Exemption, Wealth Management

Unraveling Estate Tax: Rates, Mechanics, and Those on the Hook

Unraveling estate tax: rates, mechanics, and those on the hook

In July, legislation came into effect that will boost the estate tax exemption to $15 million per individual ($30 million for couples) starting in 2026, with further annual inflation tweaks

Continue ReadingUnraveling Estate Tax: Rates, Mechanics, and Those on the Hook

Jun 24, 2025 By Xeni Bankruptcy Law Bankruptcy, Chapter 7, Debt, Reaffirmation Agreement

Bankruptcy Insights: Decoding Reaffirmation Agreements and Their Necessity

Bankruptcy insights: decoding reaffirmation agreements and their necessity

Key Points to Remember Reaffirmation agreements let debtors hold on to specific assets—typically a vehicle or a residence—during bankruptcy by committing to pay off the associated debt. Initiating a reaffirmation

Continue ReadingBankruptcy Insights: Decoding Reaffirmation Agreements and Their Necessity

Jun 19, 2025 By Xeni Personal Finance Assets, Financial Planning, Liabilities, Net Worth

Decoding Net Worth: What It Means and How To Figure It Out

Decoding net worth: what it means and how to figure it out

Grasping the Concept of Net Worth Think of your net worth as a personal financial snapshot—a quick glimpse into your monetary standing at this very moment. It boils down to

Continue ReadingDecoding Net Worth: What It Means and How To Figure It Out

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