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5 Nov 2021, 7:11 am
The property that is part of the estate and passes based on the intestate laws can include your home, cars, bank accounts, business, retirement benefits, jewelry, prized possessions, and any other asset you own.The property that is not part of the estate generally includes any property titled as joint property with right of survivorship. [read post]
5 Nov 2021, 6:46 am
For example, if the only assets a decedent owns are life insurance policies, bank accounts, and retirements that are specifically payable to the decedent’s spouse – then there’s no need for probate.Probate only handles assets that go through probate. [read post]
5 Nov 2021, 6:30 am
”“National banking associations and federal savings and loan associations authorized and qualified to exercise fiduciary powers in Florida. [read post]
4 Nov 2021, 3:29 am
An FBAR is a Foreign Bank Account Report, a reporting requirement for any individual American who has a total of over $10,000 in foreign financial accounts at any time during a year, including bank, pension and investment accounts. [read post]
3 Nov 2021, 11:28 am
The estate tax is the most obvious example.This, however, is where things start to become a bit nerve-wracking, because this could give ideas to conservatives (who have always hated the estate tax but have only been able to minimize it without fully repealing it). [read post]
3 Nov 2021, 8:16 am
Effingham State Bank v. [read post]
3 Nov 2021, 6:12 am
In November 2017, a customer alleging they were unaware of excessive fees for liquidating their estate account received a settlement of $57,847. [read post]
3 Nov 2021, 6:12 am
In November 2017, a customer alleging they were unaware of excessive fees for liquidating their estate account received a settlement of $57,847. [read post]
3 Nov 2021, 6:12 am
In November 2017, a customer alleging they were unaware of excessive fees for liquidating their estate account received a settlement of $57,847. [read post]
2 Nov 2021, 6:30 pm
He focuses his practice on litigation, arbitration and counseling on matters involving real estate, including real estate capital markets, with an emphasis on special servicers in the commercial mortgage-backed security market. [read post]
2 Nov 2021, 5:48 pm
I’ll cover this, along with garnishment of bank accounts and paychecks, in my next blog post. [read post]
2 Nov 2021, 8:49 am
The transfer of real estate by foreign entities will be subject to income tax. [read post]
2 Nov 2021, 7:56 am
Sites like GoFundMe, Kickstarter and Indiegogo let individuals, startups and small businesses raise funds for specific reasons rather than approach a bank for a loan. [read post]
1 Nov 2021, 9:38 am
., European and Cuban companies operating in industries such as mining, sugar, tobacco, advertising, banking, construction, and ranching. [read post]
1 Nov 2021, 4:02 am
How can 529 plans be used for estate planning? [read post]
1 Nov 2021, 2:57 am
This is certainly true in appraisal contests applying the fair market value (FMV) standard generally used in gift and estate tax matters and matrimonial cases, under which accredited business appraisers must consider applicable discounts including the two most common and potentially largest discounts for lack of control (a/k/a minority discount a/k/a DLOC) and lack of marketability (a/k/a marketability discount a/k/a DLOM). [read post]
29 Oct 2021, 11:58 am
Agent under a Financial Power of Attorney The agent in a financial power of attorney is the individual who carries out financial transactions (such as signing checks or opening a bank account) on your behalf. [read post]
29 Oct 2021, 6:14 am
Certain documents can also be used to help establish each party’s financial position, including: Paystubs; Income tax returns; Mortgage statements; Bank statements; Records of income from investments, business interests, or real estate; Corporate financial statements; and Records of benefits received from workers’ compensation, disability, unemployment, or another social assistance program. [read post]
27 Oct 2021, 3:28 pm
This may include appraisals of larger assets, five years of tax records, recent bank statements, and more. [read post]
27 Oct 2021, 3:13 pm
The commercial banks have invested a lot in real estate in the country. [read post]
