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4 result(s) displayed (1 - 4):

January 15, 2009

Estate Planning Lawyer

An estate planning lawyer specializes in helping people create a plan to protect their assets. Estate planning involves executing legal documents such as trusts and wills; designating beneficiaries and the assets they will inherit; and appointing estate administrators to oversee your estate.

An estate planning lawyer can also ssist in executing a Durable Power of Attorney and Healthcare Proxy; establish guardianship for minor children; and designate payable-on-death and transfer-on-death beneficiaries to transfer real estate, financial holdings, and other valuable assets.

Real Estate Investing article on "Estate Planning Lawyer"

November 11, 2008

Inheritance Cash

Inheritance cash refers to a cash advance using inheritance held in probate as collateral. When estate assets are held in probate it can take months or years before distribution takes place. Instead of waiting for probate distribution, heirs can sell their pending inheritance in exchange for a lump sum cash payment.

Inheritance cash advances can be obtained through private investors, lenders or other funding sources. Beneficiaries can use the proceeds to pay off credit cards and other outstanding debts; invest in real estate, stocks, bonds, mutual funds and other investment portfolio opportunities; or fund a vacation. Unless the beneficiary has outstanding tax liens, creditor liens or child support, they are free to do whatever they desire with their inheritance cash advance

Real Estate Investing article on "Inheritance Cash"

October 23, 2008

Beneficiaries

Beneficiaries refer to people who are entitled to assets owned by a person who has died. Beneficiaries typically include spouses, children, and direct lineage heirs such as sisters and brothers. Organizations such as charities or educational institutions can also be designated beneficiaries.

Anyone can be named as beneficiaries on property titles to real estate, automobiles, recreational vehicles, motor crafts and financial holdings such as bank accounts, retirement accounts and life insurance policies.

Real Estate Investing article on "Beneficiaries"

October 18, 2008

Chapter 11

Chapter 11 bankruptcy is typically reserved for corporations and partnerships and allows for reorganization of company debts. Individuals with high levels of debts are also allowed to file for Chapter 11 protection. However, the majority of personal bankruptcy cases are filed under Chapter 13; particularly when debtors desire to retain assets and repay outstanding debts.

Oftentimes, when a business files for Chapter 11 bankruptcy protection, company assets are sold to compensate vendors. Depending on the circumstances, a bankruptcy judge or court Trustee will dictate which assets are sold and which ones can be retained in order for the company to continue functioning. It is generally in everyone's best interest to allow the company to retain assets which allow the company to generate revenue and protect employee jobs throughout the bankruptcy process

Real Estate Investing article on "Chapter 11 "