If the provenance of a work is unclear, it might be wise to see whether the artist or the artist’s estate offers an authentication process. Many, including Banksy, Magritte, Chagall and Picasso, provide authentication services. However, beware, if a work is deemed as inauthentic, the ...
For instance, imagine a family planning to move across the country due to a job transfer. Instead of packing up and shipping their belongings, they hold an estate sale to liquidate their assets before the move quickly. This allows them to start fresh in their new location without transporting ...
"If an investor has gains in their investments, and they liquidate those investments simply to change firms, they will have to pay capital gains taxes, even if they repurchase the same securities," he says. For investors who feel they are not getting the proper value with their current b...
“It’s a much more personal and immediate experience when you can see, touch and experience products in person, plus you don’t have to pay for shipping. Often, you’ll get a better deal at garage sales than you might get online because people are anxious to liquidate their inventories....
Estate Sales Springfield, MOare held to liquidate the belongings of a deceased loved one. They also happen when someone wants to declutter before moving or make extra cash. Estate sales are similar to garage or yard sales, but everything has a price tag. Most of the time, a company overse...
“With regard to boomers, they may not want to liquidate assets or retirement assets if an emergency arises,” said Puff. “That said, nobody can time the market,” he added, “so having a cushion may well give you the time you need to be more selective in what asset...
If the company goes bankrupt, creditors are only allowed to liquidate the company, not personally owned assets. However, commingling funds ends this protection in what lawyers call “piercing the corporate veil.” A pierced veil means creditors can take you to court, argue that your “business”...
Under Chapter 9, municipalities do not have to liquidate assets to repay their debts but are instead allowed to develop a plan for repaying them over time.7 Chapter 10 bankruptcy, which effectively ended in 1978, was a form of corporate bankruptcy that has been supplanted by Chapter 11. ...
By planning your withdrawal allowance, you eliminate the need toliquidatea large sum of assets at fire-sale prices simply to pay the bills. Retirees' mistakes often come from taking out too much of their retirement assets early on andpanicking when the markets are struggling. Make sure you hav...
you may be able to argue that these intangible assets add value to the business. However, when it considers your loan application, a bank may only include assets that are tangible because they