Learn about the probate process – applying for a grant of probate, administering an estate, paying inheritance tax, and what to do if there isn't a will.
5.Deed of trust: A deed of trust is a legal document that accompanies some home loans. It serves as an agreement between three parties—a beneficiary (the lender), the grantor (the borrower), and a trustee (a neutral third party such as a title company). It places a lien on a piece...
When a Muslim passes away, there are specific religious rights, actions and prayers that must be performed to give them an Islamic burial (Janazah).
An example of implied warranty is when you buy a car from the dealer and expect the car to work as intended. But when you drive it off the lot, it stalls and you get into an accident. In that case, you might be able to recover damages from the manufacturer, even though you don’t...
In the state of Florida, you are allowed to add a payable-on-death (POD) designation to your bank accounts, including checking or savings, as well as to certificates of deposit. Until your death, you have complete control over the money in the account—your beneficiary has no right and ...
Beneficiary choice Moral character Reputation Prosocial behavior Whether at work, in social groups or even at home, people are often part of social hierarchies. Usually, their position in the hierarchy is somewhere between the top and the bottom. A person's position in the power hierarchy can de...
A unit trust is an unincorporated mutual fund that holds assets and distributes profits to individual unit owners instead of reinvesting into the fund. A unit trust is established under a trust deed, with the investor as the beneficiary. Unit trusts often include diversified portfolios and are ...
In a title-holding land trust, the landowner signs a document called aDeed in Trust, which transfers legal property ownership. When setting up the trust, the landowner (who is both the trust grantor and the beneficiary) can specify how the land is to be managed, who has control over it,...
Going to the LRA is such a pain in the @55, so it should be avoided if possible. I will add another facet to this conversation though. Many times the ROD will steal those pieces of paper with no title info on them. Then they will “create” it at home with the correct tit...
What Is Assignment in a Deed of Trust? In real estate law, "assignment" is simply the transfer of a deed of trust from one party to another. This usually happens when the beneficiary of a trust deed sells their loan to another lender. ...