Thursday, March 22, 2018

Heirlooms and Income: How to Decide Whether to Sell an Antique

If you inherit antiques from a parent or grandparent, you may have no idea what to do with them. While some items may have sentimental value, others may seem like little more than junk that takes up space in the attic. Here are some strategies to deal with your newly obtained possessions.

Does the Item Have Sentimental Value?

If you received a lamp, stamp book or record player that brings back memories of your parent or grandparent, you should keep that item. These are the things that can bring you joy on a dull day or that can help you preserve your family history and pass it down to your own children and grandchildren. 

It may also be worthwhile to see if something has sentimental value to another family member who would like to have it.

Does an Object Have Financial Value?

In the event that no one wants an art collection or set of old Pepsi bottles, it couldn’t hurt to see how much it might be worth on the open market. 

Even if you only get a few hundred dollars, it is often better to sell to a collector who will appreciate them and help others learn about their history.

Would a Museum or Charity Accept Them?

A museum may be willing to take in an old gun, flag or anything else that may be interesting from a historic perspective. Charitable organizations could also take antiques from you and use them to raise money for their missions. 

In addition to knowing that you did something nice for someone, the donation could result in a tax write-off. In some cases, a museum will buy items, but you may not get full market value for them.

Old Coins Could Be Worth Keeping

Coins that are made today are made of different materials than those made before 1960. Therefore, they could be harder to replace after being sold or donated. Furthermore, silver coins have the potential to appreciate in value. 

If you are given an antique coin collection, the sentimental, historical and monetary value that they hold should be enough to convince you to take care of them.

Antique items are often stereotyped as boring and not worth keeping. However, in some cases, they could hold significant sentimental and monetary value. 

Ideally, you will hang onto anything that you or another family member have a strong connection to. Anything else that you receive can then be donated or sold to someone who will appreciate it.

Wednesday, March 21, 2018

Ways to Get the Most from A Bajaj Finserv Credit Card

Bajaj Finserv, the popular non-banking financial company (NBFC), offers a range of credit cards in association with RBL bank. These Bajaj Finserv RBL Bank Supercards are packed with different rewards and benefits.

These Bajaj Finserv credit cards are unique, and can be used to meet all your purchases. From withdrawing cash to converting your credit limit into a loan, these cards are a rewarding way to pay for yourself. The low annual and joining fees also make them pretty affordable.

How to use Bajaj Credit Cards in a better way?

Despite having credit cards, many people do not use them optimally. People either end up in debt or use their cards too less, which doesn’t provide them all available benefits. You can avoid both using your credit card to build credit, and to save and earn money.

You can make the most out of your Bajaj Finserv Credit Cards in some of the following ways:

1. Choose your Rewards Carefully 

All Bajaj Finserv Supercards come with great rewards. So, you need to choose the card offering rewards according to your taste. For example, if you are a frequent movie goer, the Bajaj Finserv RBL Bank Platinum Choice FYF Supercard would be great for you, as it offers special discounts on movie tickets. 

Similarly, if you like going on road trips, the Bajaj Finserv RBL Bank Supercard offers a waiver of Rs. 200 per month on fuel surcharge across petrol pumps.

2. Ensure Lower Interest Rates and Costs

While all Bajaj Finserv credit cards boast of an affordable interest rate, only a few have the reduced and almost nil joining fee, like the Bajaj Finserv RBL Bank Platinum Choice FYF Supercard. In fact, with the Bajaj Finserv RBL Bank Platinum Plus Supercard, you even get a welcome gift of 4000 reward points.

3. Don’t Be in A Hurry To Get A Card

While choosing your Bajaj Finserv Supercard, don’t be in a hurry to pick one. In fact, do not purchase any credit cards on a spur-of-the-moment decision. Take some time to compare all the features, benefits and rewards from all the different Bajaj Finserv Supercards, and pick the one that suits you best.

4. Avail the Credit Limit to Loan Benefit

The Bajaj Finserv RBL Bank Supercards offer an opportunity to convert their credit limit into a loan once a year. With this, you can get instant cash for up to 90 days and repay it easily in 3 EMIs. You can avail this and get money for any timely monetary support that you may need.

5. Be Sure of The Safety Features

Being cautious about your credit card is the smart thing to do, especially since an unsafe credit card could put your bank account at risk. The Bajaj Finserv Supercards all have inbuilt safety features like ‘In-Hand’ security and ‘Zero-fraud liability cover’. Ensure that your Bajaj Finserv credit card has these features- or some similar others- for better safety.

If you keep the above tips in mind, while choosing your Bajaj FInserv credit card, you can make better use of it. Additionally, don’t forget to pay back your EMIs on time to ensure the best experience with your credit cards. Lastly, remember to use your credit cards wisely.

4 Ways the Elderly Can Plan Their Estate and Write a Will

No matter your age or your health, it is a good idea to plan what will happen to your assets when you pass away. Doing so will make things easier on your family in the event of your death. Here are four ways the elderly can plan their estate and write a will.

Start Early

When it comes to your will and estate planning, it never hurts to start early, but it can be a problem if you start too late. You do not want to leave this world and leave behind no guidance for your family and other beneficiaries regarding what you wanted. 

Start thinking about your estate planning early. You can always alter your will later if you change your mind.

Consider Everyone’s Wishes

When planning what will happen to your estate upon your death, you need to consider who will get your assets and how they will be distributed. This also includes charities as well as certain items you want to go to specific people. 

You should not discount your own wishes, of course. If you want to be cremated, for example, you should make that clear. You should also plan to leave enough to cover funeral costs and a headstone and burial plot if you wish to be buried.

Meet with an Estate Planning Attorney

An estate planning attorney is your best option for crafting a will. Although you can draft your will yourself and it will still hold legal weight, a professional estate planning attorney can ensure your will conveys the exact meaning you intend in addition to holding up in court. 

They will inform you of all relevant inheritance laws and take your desires into account so your wishes will be carried out.

Consider a Living Will and Power of Attorney

A living will takes effect while you are still alive. It outlines what care you do or do not want to receive at the end of life. Power of attorney designates someone close to you whom you trust to make medical decisions on your behalf in the event you are incapacitated. 

In some states, the living will and power of attorney are combined into the same document. You should also consider a living trust, which ensures your beneficiaries won’t have to go through probate court to claim what you left them.

Planning your estate and writing your will are not what you likely want to think about. However, it’s very important so you get the end of life care you desire and your beneficiaries get exactly what you want to give them. You can rest in peace knowing your affairs are in order.

Tuesday, March 20, 2018

A Checklist Before Opting for Breast Augmentation Surgery

Breast augmentation is one of the most popular cosmetic surgeries performed all over the world. However, it is always advisable for an individual to properly research, ask questions and find out everything there is to know about this procedure before opting to have it done on their body.

There are a few important things which one should know about before opting for breast augmentation NYC. Having an idea about the points mentioned below will make the process easier for the patient too.

Type of Implant you should opt

There are two main types of breast augmentation NYC implants that a patient can choose from; a saline implant and a silicone implant. The saline implant is inserted into the breast pocket and then filled with sterile salt water. 

A silicone implant, on the other hand, is already filled, and is simply inserted and positioned into place into the breast pocket. 

It is important to discuss both these choices during the initial consultancy so that the doctor and the patient can both figure out which one would work best for the patient. 

There are many factors which a doctor will take into account before making this decision, as it might affect the overall health of a patient adversely after getting the implant.

Choose the Right Surgeon

When opting for a breast augmentation procedure, is it not enough to simply have a picture and goal in mind and approach the first plastic surgeon willing to perform the procedure. 

The rate of scarring and healing after the procedure highly depends on the kind of surgeon that one chooses; and the skill, experience and expertise of the surgeon. It is best to spend a lot of time researching on the best plastic surgeons those can perform this procedure, and consulting with them about the plans and techniques involved.

Make the Right Choice

A breast augmentation surgery is not simply as easy as choosing a certain shape and size and getting the procedure done. There are several aspects which have to be taken into account and several important choices have to be made along with the doctor. Some of these include:

  • The desired goal or look after the procedure 
  • The current anatomy of the breast of an individual 
  • The kind of implant, the pocket size and the place of incision to be made 
  • The nipple location 
  • The type of implant being use; saline or silicone
  • The height and location of the implant

Breast Implant Profile

The breast implant profile depends upon the desired result that a patient would like to achieve after the breast augmentation surgery. The round breast implant profile will give a different look to the breast, whereas the teardrop or anatomical breast implant profile would give a more natural look to the breast. 

It is important to look into the options and decide the end result before choosing any of these options. One should be clear about these basic information before undergoing the process.

Breast augmentation NYC is a popular procedure and the demand for this procedure is steadily rising. It is important to keep in mind these points before opting for the breast augmentation surgery.

How to Save Loads of Cash on Plumbing Repair and Maintenance

A good plumbing system can provide you with a lifestyle at home that’s predictable, comfortable and sanitary. A problematic one, on the other hand, is a whole other ballgame. It’s important to keep up with your plumbing system. 

Plumbing repair and upkeep doesn’t have to cost you a lot, either. If you’re looking to save big on plumbing system repair and maintenance work, you can focus on these helpful options right now.

Search for a Qualified Professional Plumber

Working with a questionable plumber is often a big waste of cash. If a plumber isn’t qualified, he may damage your system and trigger additional issues. That’s probably the last thing you need. 

If you want to avoid the dangers of unqualified plumbers, you need to take your company search seriously. Look for businesses that have licensed technicians, strong reviews and exemplary track records in general. Don’t rush the search process in any way. Ask people you trust for plumbing company recommendations, too.

Look for Plumbing Discounts and Deals

Plumbing companies often offer exciting discounts and deals. They frequently offer these to new customers as well. If you want access to plumbing services that won’t cost a fortune, keep your eyes open for any coupons that may be available to you at the moment. 

Check websites for plumbing businesses, too. Company websites often are equipped with coupon codes.

Request Professional Plumbing Maintenance Service

Plumbing repair service can often be pretty expensive. If you want to reduce your plumbing repair expenses, you should try to take care of issues before they get out of hand. You can do that by requesting professional plumbing maintenance service. 

Licensed plumbers can recognize plumbing issues prior to their worsening and becoming more and more complex. Remember, fixing minor plumbing concerns never costs as much as repairing larger ones.

Acquire Some Basic Plumbing Skills

Plumbing troubles don’t always call for a professional touch. If you have a seemingly minor plumbing system issue, you may be able to take care of it on your own. You should think about learning a few basic plumbing skills when you have some free time. 

If you have a toilet that’s running nonstop, you may be able to fix it independently. Straightforward ball cock replacement can in many cases work well.

Do you want to avoid steep plumbing repair and maintenance expenses? Try these options out today. A reliable plumbing system can be accessible to you.

Calculating the HST New Rental Property Rebate

HST New Residential Rental Property Rebate
The government of Canada had introduced the HST New Residential Rental Property Rebate for certain Canadian landowners. The rebate reimburses some expenses incurred by individuals who purchase a newly constructed or recently renovated property.

In this post, you will learn how the HST rental rebate is calculated. However, before you learn how it's calculated, you must first know the eligibility requirements of HST rental rebate for landowners.

What are the Eligibly Requirements of HST Rental Rebate?

HST New Residential Rental Property Rebate is not for everyone. If you are a landowner, you need to meet the following requirements to claim the HST rental rebate in Canada.

  • Purchased a new property or one that has been significantly renovated 
  • Built a new property or significantly renovated a property
  • Made additions to multiple-unit residential rental complex
  • Fair market value of the asset must be less than $450,000* 

*In case of land in a trailer park, the fair market value should not exceed $112,500)

Apart from landowners, builders who had to pay HST for selling a residential unit and leased the land to an individual can claim the rental housing rebate. In addition, persons who have to account for HST due to exempt lease of land that is used for residential rental purposes can claim the rental rebate.

How the HST Rental Rebate is Calculated?

Calculating the HST rental rebate is not that difficult. Generally, the rebate is on 36 percent of the HST payable to the government and 75 percent of HST payable to the provinces. The maximum amount for federal portion of the rebate amount is $6,300, while the maximum for the provincial portion is $24,000.

Let's suppose that you own a property valued at $350,000. In this case, the HST rebate will be calculated as follows.

Step 1:

HST payable to the federal government — 5 percent x $350,000 = $17,500

Step 2:

Rebate on federal portion of HST — 36 percent x $17,500 = $6,300 (maximum rebate amount $6,300)

Step 3:

HST payable to the provincial government — 8 percent x $350,000 = $28,000

Step 4:

Rebate on provincial portion of HST — 75 percent x $28,000 = $21,000 (maximum rebate amount $24,000)

Step 5:

Total Rebate — $6,300 + $21,000 = $27,300

So, if you have bought or renovated a property valued at $350,000, you can avail a total of $27,300 credit relief under the HST New Residential Rental Property Rebate.

A lot of people are confused about the calculation of HST rental rebate. At Rebate4U, we help landowners determine the rebate on new and renovated properties. We offer customized services based on exact needs of the landowner. For more information on how we can help you claim HST rental rebate in Canada, you can call us at 1-800-610-4510.

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