The article presents an answer to a question on estate executors and wills.Ballentine, WarrenJet
aAn estate executor’s or administrator’s promise to pay a debt of the decedent (the person who died) out of his or her own funds must be made in writing under the Statute of Frauds. This requirement actually gives the executor or administrator more time to decide whether to pay someone...
首先,"maintains the grounds"明确职责是维护场地(如庄园、公园、运动场)。常见的相关职业包括gardener(园丁)、groundskeeper(场地管理员)、caretaker(看管人)等。其中,groundskeeper专指负责大面积场地(如运动场或庄园)整体维护的人员,涵盖草坪、设施等综合管理,与题干高度匹配。gardener侧重于植物养护,caretaker职责更...
Who Can Be an Eligible Designated Beneficiary (EDB)? An eligible designated beneficiary (EDB) must be an individual, and not a nonperson entity such as a trust, an estate, or a charity (which would be not designated beneficiaries). There are five categories of individuals included in the ED...
An heir due to receive money or other assets can choose to decline the inheritance through the use of an inheritance or estate waiver. The waiver is a legal document declining the rights to the inheritance. In such an instance, the executor of the will would then name a new beneficiary of...
In addition, there are other important roles to consider in your trust and estate planning. Personal representative:Also known as an executor, this individual is responsible for distributing assets according to the deceased person’s will. They can be involved in an estate and work with the trus...
Working in the real estate service in the USA generally required specific licenses that can be achieved under the clearance of real estate boards of the specific state. This includes a specific course, education, and examination. However there are...
Traditionally, the buyer pays for a home appraisal because it is required by a lender. When a private appraisal is ordered by a homeowner or executor of an estate, the individual who orders the appraisal will pay for it. While an appraisal fee may be included in a list ofclosing costs, ...
A(n) ___ may be levied by an owner of real estate who pays off principal on a debt before it becomes due. Real Estate: The process of owning real estate can be daunting. It requires thorough knowledge of real estate laws, especially at the state...
One key here is you need to start a business entity. This can be an LLC, an S-Corp or a C-Corp, or some other suitable entity. The best thing to do is to consult an attorney and a tax advisor on the best one for you (more on that later). ...