13 May 2016 | 3 replies
You really need to understand the value of the problem.In order to maintain low property taxes and avoid reassessment during the course of trust administration you'll need to obtain a "fiduciary mortgage" to the trust.If you take the property out of the trust, even temporarily to refinance, or to buy out the other beneficiaries, you'll trigger reassessment.Fiduciary mortgages will also limit you to borrow only about half the current value, less any existing liens and mortgages, if any.
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16 May 2016 | 5 replies
If this is the case, an administrator of the Decedent's estate may be appointed who will either be acting as the fiduciary of a Decedent's intestate estate or acting pursuant to a will for which no living person was qualified or willing to act.In many jurisdictions an informal summary probate is possible for a simple, low value estate that us uncontested which eliminates some of the lengthy delays of a full probate.
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20 May 2016 | 19 replies
This makes it so that someone can just pay the subscription price and have all of the software to offer deals and do other administrative things.
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18 May 2016 | 19 replies
Investors are charged a management fee of between 0-2% on interest distributions in order to cover costs associated with administration, servicing, and compliance."
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25 May 2016 | 5 replies
I am also currently working at First Gulf Corporation as a "Development & Planning Administrator".
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2 July 2016 | 12 replies
This would require the plan to allow for in-service distributions, something they could check on with the plan administrator if there were interested.Yes, the participant loan feature is the remaining option for them to borrow the funds from their plan and then they could convey these funds to you personally (via a loan or whatever arrangement you collectively decide on).
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23 May 2016 | 11 replies
If there is no client relationship, the realtor is technically the agent of the seller and should only be doing administrative acts on your behalf.
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24 May 2016 | 2 replies
I downloaded the Florida FARBAR AS-IS contract and see an administration fee going to a realty company for $195.Is this a legit fee and do I need to coordinate with the realty company listed?
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23 May 2016 | 6 replies
Buying real estate in your Ira is pretty much the same as buying it yourself except the titling/vesting--it is bought in the IRA Name and the custodian administrator signs the docs when you are ready.
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23 May 2016 | 5 replies
Hello,I recently started a new job as an Administrative Assistant for a non-profit organization that provides housing for low-income seniors in the state of Arizona.