Estate

Real estate myths are all too common, however, they can be “debunked” with a proper explanation. I know you’re asking yourself, what myths could possibly exist in real estate? Here are the 10 real estate myths, in no specific order, that are commonly heard and misconstrued by the general population. All Real Estate Agents Are The Same his myth can lead to buyers and sellers making big mistakes when selecting a real estate agent to represent their interests. Every agent has different skills,…

of achievement of success in the real estate business. However, among a horde of other books, there are some really golden laying ducks that can effectively and truly direct you in the path of triumph. Not one but more than four such books have been written by Dean Graziosi, an exceptional real estate entrepreneur and a successful business man.…

The Third Estate, the general population of France, is an unrepresented and oppressed class that Emmanuel-Joseph Sieyes tries to rally in his pamphlet, What is the Third Estate?, to stand up rebel against the First and Second Estates. In the opening paragraphs of his pamphlets he describes four classes. The first being one that collects the raw materials, the second sculpts the materials into valuables, the third class packages and distributes the valuables, and the fourth encompasses everyone…

When beneficiaries named in an estate know they will receive a portion of the decedent’s property, they get anxious. In most common estates, beneficiaries are unaware of the following factors that determine the length of time it will take the executor to distribute property: • Executor responsibility – The priority for any executor is to pay the expenses and the taxes of the estate. Also, the executor must provide the probate court with an Inventory of Assets as depicted in the article…

Interview: How to be Successful in Real Estate Starting a career in Real Estate comes with many challenges and frustrations. It can take some time before success is achieved in this highly competitive business. Alan Bawar a real estate agent in Oakville and the GTA area. With over 10 years of experience in the business, he has proven to be very successful. 1. What made you decide to get into the real estate business? I studied architecture in University and after graduating with my degree; I…

three estates; the clergy (first), the nobility (second), and everyone else (third). The first and second estates were very rich because members of the second estate were the tax collectors, meaning they paid no taxes, and members of the first estate were part of the church, so they paid no taxes. During this time, France was in extensive…

Estate Planning for Post-Divorce Individuals After a divorce, certain estate planning measures should be taken in order to ensure that your best wishes are intact in case anything unfortunate should happen. You will need to be sure that certain details are attended to, such as replacing your former spouse as a beneficiary of your will. If you are rearranging your estate and probate needs following a divorce, hiring a professional to assist you may be the best course of action. The following are…

of a person, their property, both the estate and personal belongings enter probate. This process can be short or lengthy. The time span is determined by different factors. In the circumstances that you have been named as the person who will execute the estate, then you will have to follow the six steps of the probate process. Having a clear understanding of these six steps can help make the process seamless. Step 1: Prepare an inventory of the assets and estate planning documents of the…

Prince’s Estate: Who Are the Heirs? When Prince died on April 21, it was a shock to many of his fans and those in the entertainment industry. However, a bigger shock was about to hit the news feeds — Prince died without a will. How could someone that had achieved the fame and fortune of Prince die without a will. Wasn’t he surrounded by mangers, attorneys, accountants and other profession who would have advised the entertainer to have a comprehensive estate plan? You would think so, but for…

The vast estate I own now is a result of all my hard work. I some from a very humble background which motivated me to make something out of my life. I am a great believer in saving and investments which helped me to consequently achieve a steady flow of income. My wife passed away ten years ago. I had to raise our four children on my own and consequently work hard to support them. It was very challenging for me but I had to do all I could to ensure that they grew up in the right path. After my…