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Money Talk with Liz Weston

  • Calculating your estimated quarterly taxes
    Calculating your estimated quarterly taxes

    Dear Liz: I recently retired and started my own consulting business, which is doing very well. My question is on taxes. I have been told that I must pay quarterly taxes, but I have no idea if I will make $10 this month or $10,000. How do I estimate my income if I have no idea? Can I just...

  • Heirs fail to inform lender of mother's death
    Heirs fail to inform lender of mother's death

    Dear Liz: My mother passed away unexpectedly in late 2008. She had a mortgage, and the house was under her name only. She didn't leave a will. My family is still paying the loan, and the company does not know my mother passed away. We don't have a lot of money and we need advice on...

  • Know risks of buying in-laws' home
    Know risks of buying in-laws' home

    Dear Liz: My in-laws just informed us that they have gone through their retirement fund and soon won't be able to pay their mortgage. They borrowed against the house they've lived in for 30 years and currently owe $325,000. They are devastated, so I am trying to figure out the best...

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