An estate liquidator turns a person's property into cash. When individuals pass away, they often leave possessions behind such as homes, furniture, cars, clothing, and other assets that are not "liquid," or cash-based. An estate liquidator is responsible for turning these assets into cash. G...
Perhaps the better question is “why might someone need to insure your life?” In order to take out a life insurance policy, you need to have what’s called aninsurable interest(i.e., proof that you would experience loss or hardship should the insured person die). ...
You may also owe taxes if the deceased’s beneficiary is their estate (instead of an individual) and the total value of the estate exceeds the limits set by the IRS. If you’re unsure of your tax obligation, contact the IRS or a local tax agent for more information....
The costs of selling a home start with home prep, followed by staging, marketing and likely concessions, plus the average closing costs of selling, 8%-10% of the sale price. Real estate fees for sellers add up fast.
Understanding Asset Allocation for Your Portfolio Balancing risk and reward is the hallmark of a great portfolio. Here's how to do it. What is a Fiduciary? A fiduciary is someone who manages money, assets, or property for a client or beneficiary. ...
Nonetheless, Gewürztraminer's thick skins mean it is relatively hardly, albeit at the expense (in the winery) of having to manage the phenolics, and their associated drying mouthfeel in the wine, present in the skins. The variety is a moderate cropper although it is susceptible to uneven berr...
Real estate agents help people buy, sell, and rent homes, land, and other properties. There’s no national real estate license, so agents mustmeet their state’s licensing requirements. While the requirements vary by state, all aspiring agents must take a pre-licensing course from anaccredited...
is designed to transfer ownership from the grantor to the beneficiary and cannot be altered or terminated without the permission of the beneficiary or a court order. When assets are transferred into a trust, the grantor no longer owns them, helping reduce the value of the grantor's estate. ...
What Does Expensable Mean? The term “expensable” means “eligible to be claimed as an expense.” Understanding Deductibles Tax deductibles serve as incentives provided by governments to encourage certain behaviors. Governments tend to want people to do things that are deemed beneficial to individual...
if you had an ounce of gold today and converted it for today’s prices, it would still be enough to buy a new suit, but the same can’t be said for the $35. In short, you would have lost a substantial amount of your wealth if you held the $35 instead of the ounce of gold ...