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Should I pay off my husbands credit card debt?

In most cases you will not be responsible to pay off your deceased spouse’s debts. As a general rule, no one else is obligated to pay the debt of a person...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

How do I find my QuickBooks backups?

Just follow these simple steps: Find the Intuit Data Protect (IDP) icon (green padlock) in the Windows System Tray (typically located at the bottom right ...

What is an example of using leverage?

An example of leverage is to financially back up a new company. An example of leverage is to buy fixed assets, or take money from another company or indiv...

What are asset exams?

ASSET is a skill-based test that measures student’s conceptual understanding and benchmarks the school’s performance at international, national & regi...

How do you calculate IRR in simple terms?

IRR Example CF = net cash flow. IRR = internal rate of return. t = period (from 0 to last period) What is the IRR method how is it calculated? The IRR For...

How long is the preference period?

90 days The “preference period” is 90 days prior to the bankruptcy filing for typical creditors and 1 year for “insiders.” Insiders are defined as relativ...

Do people get divorced after 45 years of marriage?

Over the past two decades the divorce rate has doubled for individuals over the age of 35. This suggests that people who have been married for a long time...

Can you cash out a profit-sharing plan?

You can cash out your employer profit-sharing plan if you retire or otherwise leave your job. You may be able to roll over your profit-sharing money into ...

When bonds sell for less than their face value?

discount bond A discount bond is a bond that is issued for less than its par—or face—value. Discount bonds may also be a bond currently trading for less t...

Are HUD homes worth buying?

Answer: HUD homes can be a very good deal. When someone with a HUD insured mortgage can’t meet the payments, the lender forecloses on the home; HUD pays t...