Addison Jarman

🏡💰 Want to pass your home to your kids without them getting slammed with taxes? Here’s how a living trust + step-up in basis can save your family thousands 👇 📜 1. Put Your Home in a Living Trust A living trust lets you keep control of your home while you’re alive — but once you pass, it goes directly to your beneficiary (like your child) without probate. ⚖️ 2. Step-Up in Basis: What That Means Normally, if your kid sells the home you gave them while you’re still alive, they owe capital gains tax on the increase in value since YOU bought it. BUT—if they inherit the home through a trust after you pass, the “cost basis” steps up to the home’s value at the time of your death. That means: far less (or even zero) capital gains taxes when they sell. 🙌 🔑 Example: • You bought the home for $100K • It’s worth $600K when you pass • Your kid inherits it and sells for $620K • They’re only taxed on the $20K gain, not the $520K 💡 📋 How to Get a Living Trust • Hire an estate planning attorney (costs $1,000–$3,000 on average) • Or use an online legal service if your situation is simple • Make sure the home is properly retitled into the trust! 🏠 Other Options to Transfer a Home ⚠️ Quitclaim Deed – Easy but risky. No tax protections. ⚠️ Adding Your Kid to the Title – May trigger gift tax + they lose the step-up in basis. ✅ Transfer on Death Deed (in some states) – Avoids probate, but check your local laws. 🎯 Bottom line: If you want to pass your house to your kids without leaving them a tax nightmare, a living trust with a step-up in basis is one of the smartest tools out there. 🧠 Always talk to a tax pro or estate attorney to see what’s best for your family’s situation! #EstatePlanning #LivingTrust #StepUpInBasis #CapitalGains #FinancialPlanning #MoneyTips #TrustFund #GenerationalWealth #AvoidProbate #TaxSmart #RealEstateTips #PersonalFinance #InheritancePlanning

🚨Get Paid to Care for a Loved One? Yes, It’s Real. It’s called CDPAP — the Consumer Directed Personal Assistance Program 🧠 What is it?
 CDPAP is a Medicaid program that lets people hire their own caregiver — and that caregiver can be a family member or close friend. Yes, even adult children can get paid to care for their parents! ✅ Who qualifies? * The person needing care must have Medicaid * They must need help with daily tasks (bathing, meals, dressing, etc.) * They must be able to direct their own care or have someone to do it for them 💸 The caregiver gets paid weekly and doesn’t need a license or certification! 📍CDPAP is available in all 50 states, but the specific eligibility requirements and program details vary from state to state. 👉This is one of the most underrated financial lifelines for families. 
✅ Tag someone who needs to know about this!! 
#CDPAP #CaregiverLife #MedicaidHelp #NYbenefits #FamilyCaregiver #GetPaidToCare

Healthcare in America is 🤬😤!! But while we wait and try to get reform, here’s some tips to help make bills more affordable. Every hospital runs a bit differently. But every one I’ve ever worked with has offered me the “pay-in-full” discount of some sort. AND don’t skimp on triple-checking that everything on your itemized bill is accurate… My son broke is leg last year and we got charge a huge doctor’s visit for a doctor who we never even saw. Once they reviewed their notes and records they relied I was correct and removed that portion from my bill. Good luck! You got this!! 🤟🏼

🛒✨ this is one of Costco’s best-kept secrets 👀 👉Costco Next gives members exclusive access to deep discounts on premium brands — straight from the supplier. We’re talking electronics, beauty, home goods & more — at prices you won’t find in-store! ✅ No extra membership needed ✅ Shop directly from trusted Costco partners ✅ Big savings on top brands you already love If you’re a Costco member, don’t sleep on this! 🔗 Go to Costco.com/Next to check it out #CostcoFinds #CostcoNext #SmartShopping #FrugalLiving

👟🚨PSA: Nike gives a student discount 👟 💸 Don’t pay full price when you don’t have to… 10% off for high school, college, & university students? Yes, please. #StudentLife #NikeDeals #MoneyTips #BudgetHacks #CollegeSavings #StudentDiscount

AMAZON PROMO CODES HACK‼️👇🏻 👉🏼 Amazon has tons of discount codes but they’re not always listed on the product page. 👉🏼Go to koupon.ai to find 100,000+ promo codes. They stack with other coupons and prime deals! 👉🏼Once you copy the code from koupon.ai, you’ll click the Amazon link, add the product to your cart, and then apply the promo code on the Amazon checkout page. 🚨it only works in USA! HAPPY SAVINGS 🤟🏻 #kouponai #kouponpartner #hacks #tips

🎥 Did you know surprise medical bills are (mostly) illegal now? 🏥💸 Thanks to the No Surprises Act, you’re protected from unexpected out-of-network charges after emergency care or when you’re treated at an in-network facility by an out-of-network provider. 📌 Here’s what to know: ✅ Applies to ER visits, air ambulances, & in-network hospitals ✅ You can’t be billed extra for out-of-network doctors you didn’t choose ✅ If you get hit with a surprise bill, you can dispute it 💡 Tip: Always ask if your provider is in-network & keep copies of your bills. #NoSurprisesAct #MedicalBills #HealthcareTips #MoneyMatters #KnowYourRights

Don’t fall for this PayPal scam ⚠️

The Roth IRA is a cheat code for future you. 💸🔥 You invest with money you’ve already paid taxes on… And when you retire? You get to take it all out—tax-FREE. 😮💰 Start early, stay consistent, and let compound interest work its magic. Even small amounts grow into big money over time. You got this!! 🤟🏼 📌 Save this if you’re ready to build wealth the smart way. #RothIRA #InvestSmart #FinancialFreedom #CompoundInterest #WealthBuilding #MoneyMoves #TaxFreeMoney#greenscreen

If your flight gets significantly delayed, you have options!! ✈️ Sometimes if you’re very delayed, it messes up your entire trip plans and it’s best to cancel that flight and book a different one. But airlines typically don’t let you cancel free of charge— but now with this you can! #dot #delayedflight

STUDENT DISCOUNTS!!! 📍make sure you save this to use when shopping! #nike #studentdiscount #northface #backtoschool

✈️ How I find crazy cheap flights: ✅Go to Google Flights ✅ Use “Explore” map ✅ Be flexible with dates ✅ Set price alerts ✅ Try nearby airports I’ve booked so many amazing trips this way and it’s saved me $1000s 💸 #traveltips #googleflights #cheapflights #budgettravel #travelhack

✅ How to Remove PMI After Your Home Appreciates: 1️⃣Check Your Equity You need at least 20% equity in your home. *Ex: If your home is now worth $400,000, your mortgage balance needs to be $320,000 or less. 2️⃣ Request an Appraisal - Contact your lender and ask if they allow PMI removal based on current value. (Many do—but they may require you to pay for a professional appraisal.) 3️⃣ Submit the Appraisal If the appraisal confirms you have 20%+ equity, your lender may remove the PMI. 4️⃣ Meet Other Requirements 👉Good payment history (usually no late payments in 12–24 months) 👉Loan must be conventional (not FHA) 💡 Important Notes:     •    PMI is not required forever, but you must ask to remove it early.     •    If you don’t request it, PMI usually drops off automatically at 22% equity (based on original value).     •    This method does not work for FHA loans. Those usually require refinancing to remove MIP You got this 👏👏

😱 Would you do this for your kid?! #parentinghack #moneytips #kidspayrent

Here’s what you need to know about the new MAGA accounts !! **this hasn’t fully passed yet, but how it’s looking so far (as of June 2025)

🎓💻 APPLE EDUCATION PRICING: WHAT TO KNOW 💡 Thinking about upgrading your MacBook or iPad? Don’t miss Apple’s education pricing — made just for students, teachers, and school staff! 👩‍🏫📚 Here’s the scoop: ✅ Get discounted prices on MacBooks, iPads & more ✅ Often includes FREE AirPods or gift cards during back-to-school promos 🎧 ✅ You can stack with trade-in offers for even more savings ✅ All you need: proof you’re a student, educator, or staff member Whether you’re headed to college or teaching in the classroom — this is the hack Apple doesn’t advertise loudly. 👀 Tag a student or teacher who needs this 💸 👉🏻 #appleeducationpricing #backtoschooldeals #macbookdeals #studentdiscounts #teacherlife

Save this for next time you shop at Costco!! 👉🏻Cheat code: ".99" ‎ =  regular prices ".97" ‎ =  sale/clearance “88" or ".00" ‎ =  manager markdown ".49" or ".79" = manufacturer special * or + = it won’t be restocked

STOP DELETING OLD PHOTOS!! 👉 do this instead 👈

Start investing NOW for your kids—even if they’re still in diapers. 👶📈 👉🏼If you invest just $100/month from birth until they turn 18, and let compound interest do its thing (without adding another dime)… they could retire with over $1 million. 🤯💰 🪄That’s the magic of time + compound growth. It’s not just a gift for their future—it’s generational wealth in action. 📌 Save this to come back to later! #I#InvestingForKidsC#CompoundInterestG#GenerationalWealthM#MoneyTips#RetireRich#financialfreedom #P#ParentGoalsSmartMoneyMoves