Equity release is a process which refers to retaining an asset that has capital value, while the owner enjoys a steady flow of income from the said asset, owing to the capital value of the assets. This is normally done for house and property through which you can earn income, but with a condition that the income provider must be repaid at a later stage after the demise of the home owner.
Equity release scheme is preferred by elderly who have no intentions of leaving their estate to any heir or cannot, after their demise. A common form of equity release in the country is also known as a reverse mortgage. A reverse mortgage is a type of loan which is provided to elder people who are not charged any monthly mortgage payments but are responsible for paying all property taxes and homeowners insurance. The loan payment is deferred without any problems for accessing the home equity. The interest component for availing the mortgage is added back to the loan balance which in time increases the value above and beyond what can be recovered from the home at that stage.
The advantages of equity release include:
The lump sum amount which you will receive as part of the equity release is a tax-free form of annuity return one can say. Income tax takes out a major chunk of your income and thus this tax-free benefit can prove to be quite handy.
Estate owners have to pay inheritance tax which is a tax paid when the heir of the estate owner inherits any property or the estate from the said owner. This can be quite a substantial amounts and the big advantage is equity release helps reduce the amount of inheritance tax that needs to be paid.
The housing market conditions influence the prices which keep fluctuating and thus there is no sure guarantee of good returns. However, with equity release, there is a no negative equity guarantee that will protect the borrowed from these fluctuating prices which can affect the overall value of the estate or property.
Borrowers are free to refinance their mortgage a minimized cost with other finance providers owing to fluctuating interest rates. This is a big benefit when it comes to equity release.
As mentioned earlier, equity release will enable the owner (borrower) of the home or estate to reside on the same property without worrying about repayments during the tenure of their stay up until their demise.
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Tips for a multiple sclerosis diet
Read moreThe nerve fibers in the body of people suffering from multiple sclerosis get damaged. This is because multiple sclerosis damages the layer of myelin present on the nerve fiber, a substance that protects nerves and helps in transmitting signal throughout the body.
Multiple sclerosis is one of the common neurological diseases in young adults.
There are some dietary factors that appear to have an impact on people suffering from multiple sclerosis. Hence, understanding the role of diet while suffering from multiple sclerosis could help one in having fewer relapses and lead a better quality of life.
Multiple sclerosis is a brain disorder that affects the nervous system. So, it is important to have multiple sclerosis diets that support a healthy immune system. A diet that helps to improve beneficial gut flora might help to achieve this.Here are few food products that are good for people suffering from multiple sclerosis.
Probiotics
Probiotics are present in food products such as fermented foods, yogurt, kefir, sauerkraut, fermented tea. These contain lacto-bacteria which is a type of beneficial bacteria. Adjusting the gut flora using probiotics might prove to be helpful for people suffering from multiple sclerosis. This is because these bacteria help in improving the entire immune system of the body.Fiber
Fiber found in plant foods such as fruits and vegetables, nuts, seeds, and legumes help in promoting optimal health by nourishing the gut bacteria and regulate bowel movements, thus keeping the heart healthy, which is difficult to maintain for people suffering from multiple sclerosis. Being a filling food source, fiber also helps you keep full.Vitamin D
Since we have eliminated consuming vitamin D through milk, as it contains saturated fats, other sources rich in vitamin D, such as egg yolks, canned sardines, and cod liver oil can be consumed. Exposure to morning sunlight can prove to be a protective nutrient for people suffering from multiple sclerosis.PUFAs
PUFAs or Polyunsaturated fatty acids help in maintaining a healthy body and controls inflammation. It appears to improve brain as well as cardiac health which is weak in people suffering from multiple sclerosis. Foods that contain PUFAs include fatty fish such as salmon and mackerel. Plant based oil (except coconut and palm oil) are also rich PUFAs.Biotin
Biotin is also referred to as vitamin B or Vitamin H. It is usually found in foods such as eggs, yeast, liver, and kidney. High-dose of biotin may benefit some people suffering from multiple sclerosis.
Before going on any type of multiple sclerosis diets, it is very important to consult a doctor, as they will be able to guide one better as to which foods to include and which food products to avoid in a multiple sclerosis diet. -
How to get free cell phone plans
Read moreAnything for free today is welcome, even if it is something you don’t really need. Today, in the fast changing and competitive market, companies vie to attract customers by providing freebies and expanding their consumer base. This is true for every industry – freebies will always attract.
Telecom or telecommunication industry is one the most common industries where the battle to attract new customers is forever ongoing. So, it is natural that they provide a lot of their services for free. However, the actual fact is that most of the things may not be free as they advertise. They may offer a $0 mobile, buy one get one mobile free etc., but there are a lot of charges that are hidden behind the deals which the customer may know about only in the future.
If you are a light phone user and if your data and call usage is limited to a particular level, then there are options available like Freedompop. The company launched in the US market in the year 2012. The target of the company is the light phone users. Under the plan of Freedompop, you get the following benefits.
500 MB of free data every month.
200 minutes of talk time to any mobile in the US
500 text messagesYou may find the plan amazing but there are some limitations for this plan. If you’ve opted for auto top up the time and you exceed your data limit of 500MB, you’ll be charged with $10 for the additional data you use However, regarding the voice and the text plan, there is an app for the company, and if you exceed the voice and the text too you can continue those services using that app. The one main drawback of the Freedompop is that you can’t use your own handset. Instead, you will need to use the device provided by them.
There exists a subsidized program in the US called the Lifeline’ phone service where you get phone and telecom services for free. However, this is limited to a group of low income people (people with an income of or below, 135% of the federal Poverty Guidelines). If you fall in this fraction, you can avail this service where you get a phone free of cost and certain amount of voice and data for free a month. One connection per customer or household can be availed if you are eligible.