Sentences with phrase «estate upon a person»

There is no substitute for life insurance that provides an immediate estate upon a person's death.

Not exact matches

To see them as property and give that person to one of your children upon your death as part of an estate?
In fact, most people don't realize that without a will your spouse doesn't automatically inherit your estate upon your death.
Tasks undertaken to efficiently manage a person's estate upon his or her death.
«Credit Services Organization» does not include any of the following: (i) a person authorized to make loans or extensions of credit under the laws of this State or the United States who is subject to regulation and supervision by this State or the United States, or a lender approved by the United States Secretary of Housing and Urban Development for participation in a mortgage insurance program under the National Housing Act (12 U.S.C. Section 1701 et seq.); (ii) a bank or savings and loan association whose deposits or accounts are eligible for insurance by the Federal Deposit Insurance Corporation or the Federal Savings and Loan Insurance Corporation, or a subsidiary of such a bank or savings and loan association; (iii) a credit union doing business in this State; (iv) a nonprofit organization exempt from taxation under Section 501 (c)(3) of the Internal Revenue Code of 1986, [FN1] provided that such organization does not charge or receive any money or other valuable consideration prior to or upon the execution of a contract or other agreement between the buyer and the nonprofit organization; (v) a person licensed as a real estate broker by this state if the person is acting within the course and scope of that license; (vi) a person licensed to practice law in this State acting within the course and scope of the person's practice as an attorney; (vii) a broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (viii) a consumer reporting agency; and (ix) a residential mortgage loan broker or banker who is duly licensed under the Illinois Residential Mortgage License Act of 1987.
By way of example, Jay has: (1) obtained a $ 16.5 million settlement in In re Ski Train Fire in Kaprun, a disaster which caused the deaths of 155 persons and which resulted in a settlement which included compensation from the Austrian Government; (2) obtained an $ 11 million estate litigation settlement; (3) obtained a $ 7.1 million judgment for a homeowner based upon the New Jersey Consumer Fraud Act; (4) argued on behalf of Dairy Stores the landmark commercial libel case before the New Jersey Supreme Court.
However, despite having experience in handling personal and business matters, most people rely upon help in handling real estate matters.
According to British Columbia's Occupiers Liability Act, owners and occupiers of real estate must make sure the premises is safe for people who enter upon the property.
OCGA § 9-3-92 provides that «[t] he time between the death of a person and the commencement of representation upon his estate... shall not be counted against his estate in calculating any limitation applicable to the bringing of an action....»
Once a person is appointed committee of the vulnerable person, he or she will be granted the ability to make decisions regarding the vulnerable adult's person (health care, residence), the person's estate (financial decisions), or both, depending upon what is granted by the court.
They are also useful in estate planning, as they allow a person to leave property or assets to their children upon death, including those from previous marriages.
A court order dismissing your spouse's claims against your estate upon death may not prevent a claim if you continue to live together If a person lives with their ex-spouse after they divorce, can he / she make a claim against their...
If the person obtains the consent of the majority of people entitled to a share of the estate, then usually a bond will not have to posted, but if not, it may be unless a court orders otherwise, The amount of the bond depends upon the value of the estate when the application is made.
Although every person should have a Last Will and Testament, proper Estate Planning involves a much broader objective than just distributing your assets upon your death.
Estate and trust planning has rapidly moved beyond being a domestic matter and increasingly involves cross-border, often complex, issues that impact upon a growing number of people.
courts, and until the time of James I, it was punished through the instrumentality of those tribunals not merely because ecclesiastical rights had been violated, but because upon the separation of the ecclesiastical courts from the civil the ecclesiastical were supposed to be the most appropriate for the trial of matrimonial causes and offences against the rights of marriage, just as they were for testamentary causes and the settlement of the estates of deceased persons.
Article IV of chapter 1 of Part the Second of the Constitution is hereby amended by inserting after the words «and to impose and levy proportional and reasonable assessments, rates and taxes, upon all the inhabitants of, and persons resident, and estates lying, within said Commonwealth» the words: -, except that, in addition to the powers conferred under Articles XLI and XCIX of the Amendments, the general court may classify real property according to its use in no more than four classes and to assess, rate and tax such property differently in the classes so established, but proportionately in the same class, and except that reasonable exemptions may be granted.
Survivorship life is something to consider for people in this situation since estate taxes are due upon the second death if the estate is set up correctly.
Upon the death of a person, when their remaining assets are passed down to their heirs, the value of these assets can be taxed at as high as 40 % of their value in the United States, under estate tax law.
In general, some type of life insurance is indicated when a person needs or wants to provide an immediate estate upon his or her death.
ADDITIONAL EXPERIENCE (Details available upon request) Account Executive I, II and Investment Account Manager at MCI, Location Sales Executive at Executone of Louisiana, Location Senior Leasing Executive at The Maurin - Odgen Companies, Mandeville • LA Retail Leasing Executive at Walsh & Tullos Developers, Baton Rouge • LA Sales Manager at H&K Developers, Baton Rouge • LA Real Estate Sales Person at ERA Real Estate, Baton Rouge • LA Office Manager / Legal Secretary at Whit M. Cook III, Attorney at Law, Baton Rouge • LA
Canada's largest real estate board believes publicly displaying sold data impinges upon customers» right to privacy, although its sales agents are authorized to share it member - to - member and with clients in person, by fax or email.
(A) «Real estate broker» includes any person, partnership, association, limited liability company, limited liability partnership, or corporation, foreign or domestic, who for another, whether pursuant to a power of attorney or otherwise, and who for a fee, commission, or other valuable consideration, or with the intention, or in the expectation, or upon the promise of receiving or collecting a fee, commission, or other valuable consideration does any of the following:
Better to have 30,000 properly developed professionals across Canada (in possession of some kind of real estate related background and post secondary education prior to going into real estate classes) earning excellent incomes and therefore willingly paying three to four times the current dues» amounts per person vs the revolving 90,000 low paying dues amateurs of the current 100,000 Realtors, being regularly, spectacularly incompetently, unleashed upon the unsuspecting public.
Sometimes I think that many who come upon this publication would think it's just a damn newspaper for a bunch of real estate people.
We tend to sell the largest single investment that most people own and since we don't own it in any way shape or form it's incredible that professional Real Estate could ever be looked upon has enjoying any real monopoly!
I would suggest that to address your issue of attacking the people that are «flat broke, desperate, and would sell their own Mother just to earn a buck, so they behave in unspeakable terms at every opportunity» could be addressed by requiring that any person selling real estate should have a net worth of $ $ $ $??? (Needs to be discussed and settled upon) Maybe salespeople should own their own house before they can sell real estate.
the actual practicing real estate professionals who must endure the slurs and negative conotations cast upon their persons / personal reputations by members of the public who have not had the good fortune to have deralt with a reputable Realtor.
Although real estate sales people are required to pass tests based upon in - school information about legal and family law matters in the generic sense, they are by no means qualified to comment on these matters in a fashion designed to guide the client to a resolution of his / her related query, in other words, holding themselves out as experts in these areas.
All contracts, options, or other devices not based upon a substantial consideration, or that are otherwise employed to permit an unlicensed person to sell, lease, or let real estate, the beneficial title to which has not, in good faith, passed to such party for a substantial consideration, are hereby declared void and ineffective in all cases, suits, or proceedings had or taken under this chapter; however, this section shall not apply to irrevocable gifts, to unconditional contracts to purchase, or to options based upon a substantial consideration actually paid and not subject to any agreements to return or right of return reserved.»
And that upon checking with CRA, they have no record of an agent who calls himself a broker, and by the way, the CRA person had no idea what the real estate council is, never heard of them (he didn't speak much English; and that is absolutely not a racial remark, it is a fact of life), but in fact the so - called fellow is just a salesperson.
I certainly wasn't smarter than others but I had a diverse background from which to draw upon to present memorable marketing that had nothing to do with real estate as such, but had everything to do with people.
(c)(1) Any real property owner or tenant, person having executed a contract for the purchase or occupancy of real property, attorney closing a real estate transaction for the purchase of real property, or lender considering the loan of funds to be secured by real property shall be entitled upon request to a statement from a public or private water supplier setting forth the amount of water charges currently and past due and any late charges and interest applicable for water supplied to such property.
Meaning that your site will start to rank and people that are searching for real estate will stumble upon your High Quality stories about awesome listings.
Section § 442 entitled «Splitting Commissions», was first enacted in 1922 and originally provided that no real estate broker shall pay any part of a fee, commission or other compensation received by the broker to any person for any service, help or aid rendered by such person to the broker in buying, selling, exchanging, leasing, renting or negotiating a loan upon any real estate unless such person is a duly licensed real estate broker or real estate salesperson associated with the broker.
Realtors» incomes based upon performance of their contractual obligations are negotiable between individual real estate sales people and consumers vis a vis Brokerages, with Brokerages openly offering different commission structures to members of the consuming public in a freely competitive environment.
During a Real Estate transaction it is quite common that one of these trades people will be called upon for their expertise or to perform work in a home or condominium that I am marketing.
The Act prohibits «deception, fraud, misrepresentation, or the knowing concealment, suppression, or omission of any material fact with intent that others rely upon [it], in connection with the sale or advertisement of... real estate,... whether or not any person has in fact been misled, deceived or damaged thereby...» The court noted that when the alleged wrong is an omission or failure to disclose, the plaintiff must show knowledge on the part of the defendant, as intent is an element of that type of fraud.
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