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February 08, 2009
Probate Cash
Probate cash refers to money obtained from a funding source using probate assets as collateral. Probate assets include financial and real estate holdings left to beneficiaries through a Last Will and Testament. In order to obtain cash in exchange for probate inheritance, a series of events must occur.
Probate cash is available through either inheritance cash funding companies or private investors, such as Simon Volkov. These entities or individuals are referred to as the Funding Source. When a funding source provides probate cash, they assume a considerable amount of risk.
Real Estate Investing article on "Probate Cash"
February 01, 2009
Wills and Probate
Wills and probate are two crucial elements of estate planning. Wills are legal documents which outline distribution of assets to designated beneficiaries. Probate is the legal process used to ensure the decedent's wishes are followed and adhere to probate laws.
The validation of will and probate process generally takes six to nine months. During this time, the designated Estate Administrator named in the Will, works with either the estate planning attorney or probate lawyer retained by the decedent. The Administrator is responsible for organizing documents, handling financial matters, contacting creditors and inventorying all estate assets
Real Estate Investing article on "Wills and Probate"
September 17, 2008
Retirement Planning
Ideally, retirement planning would begin at birth. In reality, a large percentage of Americans do not begin planning for retirement until they are in their mid 40s or 50s. Some never prepare for their golden years and are forced to live off a nominal fixed income provided by the government.
Retirement planning can be somewhat confusing, but there are numerous places to obtain solid information. Many employers offer retirement planning benefits to employees. This might include retirement education classes hosted by the company's benefit providers or individual counseling through the human resources department.
Real Estate Investing article on "Retirement Planning "
September 12, 2008
Debt Reduction
Debt reduction is the key to mastering finances and breaking free from creditors. As Americans, we have been conditioned to buy, buy, buy. However, this brainwashing has left us with a nation known for its consumer debt. It has been estimated that U.S. consumer debt has skyrocketed to more than $2 trillion, or an average of $20,000 per American.
Debt reduction is a sure-fire way to eventually eliminate debts and achieve your financial goals. However, you must take steps to adjust spending habits and develop a plan to pay off outstanding debts.
Real Estate Investing article on "Debt Reduction "
August 19, 2008
Real Estate Investing Secrets
Real estate investing secrets are a dime a dozen these days. Anyone with half a brain can slap up a website, sell real estate investing products and claim they are a real estate investment guru. In today's desperate real estate market, many unscrupulous people don't blink an eye when it comes to ripping off innocent victims.
In my opinion, the most important real estate investing secret is to obtain information from trusted sources. Just because someone ranks high in the search engines doesn't necessarily mean they are qualified to teach real estate investing techniques. Trusted real estate sources include professionals such as Bruce Norris, CREOnline.com, Trump University, REIClub.com and Realtor.com.
Real Estate Investing article on "Real Estate Investing Secrets"
March 01, 2008
Chapter 13 Bankruptcy may not be the right option.
Chapter 13 Bankruptcy is the most common type of bankruptcy filed in the United States. Also known as Wage Earner's Plan, Chapter 13 allows individuals to retain their possessions and repay their debts over a period of three to five years.
Individuals facing foreclosure oftentimes file Chapter 13 Bankruptcy in an effort to save their home. Filing Chapter 13 can stop foreclosure proceedings; however, the individual must continue making mortgage payments in a timely fashion.
Real Estate Investing article on "Chapter 13 Bankruptcy may not be the right option."
