Life estate

class of 3 estates. The 1st estate was made up of the clergy of Roman Catholic Church who scorned Enlightenment ideas. The 2nd estate was made up of nobles who held the highest offices in government and disagreed about Enlightenment ideas. The 3rd estate was made up of the bourgeoisie, urban lower class and peasant farmers who embraced the Enlightenment ideas. The people of the third estate were treated unfairly. They paid 98% of the taxes, have more population than the 1st and 2nd estate, but…

Ever since I was young, I have always been interested in various business models and how they are used in everyday life. I have always been interested in business ever since working for my family and this has persuaded me to pursue their footsteps. This was also an overriding factor when choosing my A-Levels and GCSE’s. My A-Level choices have been influenced by the idea of studying Business and Management at University. My first A-Level choice is business because it has given me a detailed…

I didn’t think that there is such thing as Real Estate Myths but when I searched, it was surprising to actually see a hand full of articles about it. So, what are they really talking about when they say myths? A myth by definition is a false belief, an idea, or a misinterpretation of the truth. What could be the possible reason why people come up with those ideas? Maybe because the real estate business involves a lot of money, which means it might have either a good or bad implication to other…

IT IN MAKING A PURCHASE OFFER - Seller requires proof that you are financially stable prior to accepting your purchase offer. Most sellers prefer buyers who already secured a pre-approval letter from their respective lenders especially if your real estate market is a sellers market. You will face a lot of competition when you buy a home in a sellers market and not having a pre-approval letter means a huge disadvantage and is a great way to lose your dream house. • You need to understand the…

Peace of mind and stability is essential for you and your family, and one of the most important things that make you stable in your life is having a house, which is your kingdom in life, where getting a comfortable dwelling makes your life simple and easy nor marred by volatility. So what do you prefer when you think of the housing Is it to rent Or is it ... buy a house? The following is an account of the advantages and disadvantages of each: renting and buying. The advantages of renting:…

losses can get passed through to your personal income without facing corporate taxes. However, members of an LLC are considered self-employed and must pay self-employment tax contributions towards Medicare and Social Security. LLCs can have a limited life in many states. When a member joins or leaves an LLC, some states may require the LLC to be dissolved and re-formed with new membership unless there's already an agreement in place within the LLC for buying, selling, and transferring ownership.…

is the cheapest and inexpensive form of life insurance and most people, as long as they have an income, can afford to buy these policies. Even if the person has a large estate, term insurance can guarantee that the estate is not depleted by estate taxes upon the policy holder’s death. Some people may prefer to buy whole life or other permanent types of insurance but the fact is that term insurance is less expensive. Affordability and Value. With term life insurance, the policy holder can…

whereas the Divine Right of Kings protected at least the institution if not monarch. The Social Contract protected neither. According to many a serious breach of a nation’s social contract by the monarch, entitled the ‘people’, to revisit the terms completely. In all three Revolutions, the Crown fought for its ancestral rights and privileges, it lost every time. The crowns victorious opponents regarded these offensives, as attacks on the Social Contract by the Monarchy. With the ‘contracts’ null…

During the Foreclosure Crisis several years ago, my community was hit hard. I never thought I would see homes in my neighborhood being foreclosed. It was unbelievable. I was in middle school and high school when this was going on and heard my parents discussing this many times. I look back and think there were things that could have been done to prevent this from being a nation-wide disaster. I believe that there are things that can be done to minimize the effect of a foreclosure crisis…

In chapter four, Walker and Lodha’s thesis invites the reader to explore the vastness in the concept of city life. They allude to different factors that draw people towards and away from cities. Chapter four is divided into five sections: cities, Bay Area, greater Los Angeles, real estate, and highways and transportation. In the first section, the authors express how cities are engines of economic growth that are densely populated. The main advantage a city provides is accessibility to airports,…