Estate Related News & Articles
We are often asked by our readers to provide suggestions on how they can simplify their lifestyles. We’re not specifically experts on the matter, but thankfully we have an abundance of professional experts we rely on to bring you amazing tips that can help you start downsizing without the loss of value.
It’s not easy to change old habits, and it is quite difficult to let go of stuff. We are here to guide you to a path of simplicity, but you need to be ready, and we promise it gets easier with practice.
What seniors need to know is there are simple strategies to follow when easing into retirement. Caregivers must also be prepared for what’s to come, here are the top 4 steps to take once you decide on a date to retire.
Decide when to sign up for Social Security
Check into your workplace retirement benefits to make sure everything is in order
You may want to consider rolling over your 401k plans
Make a long term investment plan
Real estate investing has been around for centuries, but probate investments may leave you scratching your head a little. The Probate legal process of validating a will, paying debts including taxes, and distributing the remaining assets could take up to a year, often times what emerges is an opportunity to purchase the property from the person that’s left to handle the assets.
The month of November has been proclaimed as the National Family Caregivers Month to honor those that courageously provide care across our nation to our veterans, elderly and anyone in need of care.
In the United States there is an average of 60 million people providing care to disabled individuals. Let us join together in honoring and supporting those that give so much of themselves to care for others.
The estate sale contract outlines in writing the agreements and responsibilities of parties involved. You as the hiring party, and the estate liquidator or company hired to perform the sale. An estate sale contract is necessary because a verbal agreement is not enough.
All parties mentioned are bound by the details, here’s an example of the various sections generally included in a contract.
The sale of probate property can be complicated, unless you have an experienced probate Realtor on your side. Hiring a Realtor who has extensive knowledge and experience with probate is important to a successful sale.
For example, when an administrator or executor is looking for an attorney to handle the probate process, they’re not going to hire a divorce attorney; they’re going to hire an estate attorney.
When hiring estate sale organizers, one always wonders if a special license or certification is necessary to own an estate sale business. Although many estate liquidation companies are owned by licensed brokers, appraisers or auctioneers, their license isn’t specific to the estate sale industry.
Details about professional licensing
A license gives “permission to practice” it is issued in order to regulate specific activities that require specialized skill. Real estate brokers are licensed professionals, so are estate attorneys, and appraisers.
Estate planning is one of the most overlooked areas of personal financial management. Many of…
Probate involves the court supervised process of identifying, gathering and supervising of a decedent’s assets to pay debt and distribute assets amongst beneficiaries. The probate administration process only applies to probate assets.
What are probate assets?