Archive for the 'Estate Planning Advice' Category

Market Plan and Sales Goals

It is important for every real estate agents to research on your Market Plan. You have to do research for the purpose of marketing plan within your strategies since you are responsible for your own expense. You must allot your time for the construction of your marketing plan. Keep in mind that a strategic plan [...]

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YOU are the Business

Before anything else, you should always remember that the number one factor in the business is YOU. Real estate agents do work for a broker, but they work independently and earn money through commissions. This simply states that you yourself is a small business and you must run your practice as a business too. YOU [...]

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Planning to be a Real Estate Agent?

According to National Association of Realtors (NAR), there are over 2 million real estate agents that are becoming a very good real estate agent. Being successful in this field is not that easy. It takes more than just a license and knowledge of the present laws and regulations. It was said that the first year [...]

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Estate Planning Checkup for Your Parents (Part 2 of 2)

It is important that the family should review all estate planning documents at least once in every three years just like as you undergo once a month dental check-up. You must keep in mind that the law changes all the time – from assets and even family changes too. It is recommended that you do [...]

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Estate Planning Checkup for Your Parents (Part 1 of 2)

Usually, our parents think that everything’s well taken care of. Estate planning has been done years ago and some documents are full of dust now because it’s been years since they looked at it. In reality, this is not a good sign. Parents must not be relaxed or steady when it comes to this things. [...]

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Beware of Outdated Stuff

An outdated will can cause a lot of hang-ups, even more tragic than having no will at all. Given the situation that includes a man which managed to have a will secured on 2001, giving an amount to a certain person he names as a friend. After a year, they got married but the man [...]

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Updating and Revising Your Will

A will can be updated and revised as effect of the following life changes: births, marriage or divorce, death or incapacity of a named beneficiary in your will. It can also be revised if there are changes in personal net worth, changes in your needs or your beneficiary’s necessities, residence change, tax law changes, change [...]

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What Happens if you Die Without a Will?

If you die without a will, what will happen? Your domicile state (the one you live most of the time) decides what would happen to your assets if you don’t have a valid will. If you’re married or single and has children or relatives, you have to write a will. You should also furnish a [...]

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What is Estate Planning?

So what then is estate planning? It is the process of managing how to transfer effectively your assets, during your lifetime and at the time of death. Without a well-organized estate planning, you can very well lose huge loads of portion of your estate to deductions caused by taxes. More importantly, the primary reason might [...]

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Buying Real Estate in a Declining Market

I have to warn you that purchasing real estate in a market that is declining is a tricky move. You can determine if the market is declining if you can hear usual talks about hitting the button. The US housing market crisis is not an exception to this. It was said that there are market [...]

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