A "fractionalized note" is similar, but not the same as the different lenders are not defined in the note as holding a specific amount of the total lien, they can be difficult to administer, present collateral issues and lack the flexibility of paying off one of the lenders without paying off all the lenders, these can also be illegal when lenders cross security laws, so if this is suggested, stay away from a note with fractional note holders.As mentioned, the amortization may be adjusted, one lender can be paid off quicker than another, such as a friend getting their money back before a family member.   

If the estate is administered under the IAEA (Independent Administration of Estates Act), which the vast majority are, a Personal Representative will be appointed (almost always the person or substitute, the decedent recommended in the will.) 

Corporate Direct or another service like it should be able to help you make sure you both set up the LLC correctly and administer it.

I'm very interested in this thread, because in my 401K I am completely limited to stocks and ETFs by those who administer our 401K.

*Furthermore, I store business inventory in the basement and attic. and have a "Home Office" in our personal flat to administer the business.

So, depending on the locale and the way the PHA administers the S8 program, this may or may not be an option for this tenant.

Either route, IRA or Solo 401k, can be easily administered with checkbook-control, meaning the retirement funds are accessible within a checking account.

I think the hardest part of administering the site today is the sheer volume of posts, but here is the intersting thing.While it may bug some posters and we are all free to be as bothered as we want to be, I think the vast majority of readers and posters on here recognize these posts for what they are.  

Keep in mind that a conventional mortgage is a recourse instrument meaning that when properly administered by the lender, the buyer (you or your company) is responsible for any balance beyond the salvage price of the property. 

I am studying this business and will undergo a training next week on how to run and administer RCFE in CA.