Debate Law Process

Debate Law Process
When someone passes away, their estate enters probate – a court–supervised process in which a
deceased individual's assets are paid towards outstanding debts and taxes, with the remainder being
distributed among their heirs. Though much is said about avoiding probate, understanding the
process and laws surrounding it is essential to ensuring you or your loved ones wishes are carried
out properly. Below, a probate lawyer from Knochel Law Offices in Bullhead City, AZ offers a basic
overview of probate law.
The Probate Process
When you die, the executor of your estate – named in your will – will file documents with the
probate court. If you happen to die without a will, the court will appoint an executor on your behalf.
This individual is tasked
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Fee Simple Ownership Of Property
Property ownership comes with many rights and obligations. There are many different ways to
obtain property and convey it to others. The greatest interest someone can have in property, in terms
of degree of control over that property, is known as fee simple ownership. Fee simple ownership is
also the most common interest in land. It is important to understand the obligations associated with
property ownership before purchasing land or an estate. There are many rights associated with fee
simple ownership of property. The owner of has the right possess and control the property. The right
to quiet enjoyment also comes with the ownership of property, this means that the owner is entitled
to exclude trespassers from their property. However, the ... Show more content on Helpwriting.net ...
However, there are a few ways owners can limit their ownership. The first way is to grant an
easement to someone to use part of the land for a specified purpose, for example, if an electric
company needs to install cables on someone's property the landowner can grant them an easement.
Granting an easement does not deprive the owner of their property, it simply allows a part of the
land to be used for a specific purpose. An easement that grants the right to do something is an
affirmative easement, in contrast a negative easement would require a landowner to refrain from
certain actions. For example, the owner could not increase the height of their dwelling as it would
block the light from entering the holder of the negative easements property. Easements are not
permanent, they may be terminated by a written agreement between the property owner and the
easement holder. Licenses are similar to easements in that they grant permission to use the property
in a specific way. The main difference between licenses and easements are that licenses are
revocable by the granter at any time and may be granted orally. Finally, there are covenants which
are promises made by the landowner with respect to the use of their land. Like easements, there are
positive and negative covenants. Positive covenants involve promising to do something, such as
paying homeowner association dues and negative covenants are promises to refrain from something,
such as housing a business on the

District of Mansigne are the Wants and Demands for...
From the District of Mansigne is most likely a letter or pamphlet written by the Third Estate, also
know as the lower or oppressed class, stating their wants and demands concerning taxation, the
Estates–General and equality. A specific part in the text that supports the fact that the Third Estate
wrote this pamphlet and is seen in point 10 of the document, "that the Third Estate always will have
in these administrations a number of representatives chosen from its order, equal to that of the other
two orders combine"(Pg. 20). Due to the fact that through out the document and specifically in point
10 the author or authors directly address the equality of the Third Estate supports the fact that this
document would have most likely been ... Show more content on Helpwriting.net ...
Moving on to the time period of this document this document was written March 1, 1789 a couple
months before the storming of the Bastille. Thus, at this time in history there was a significant
amount of commotion arising from the people of the Third Estate. The people of the Third Estate
were trying to voice their opinions on the oppressive political and economic situations occurring at
this time in France in order to try and bring about a reform. These oppressive political and economic
situations that the Third Estate were trying to reform included things such as the king heavily taxing
only the Third Estate, who already did not even have the finances to survive let alone pay these high
taxes. Another example is the fact that the Third Estate did not have equal representatives in the
political society to represent their wants and demands in comparison to the First and Second Estates,
which can be seen through out Cahier de Doleance's, Villagers of Lion–en–Sullias, Women of Paris,
Flower Sellers, and Village of Pithiviers–le–Vieil. Cahier de Doleance's, District of Mansigne. Not
only does this text help historians and the reader get a better understanding of the specific wants of
the Third Estate but the rest of his documents such as Villagers of Lion–en–Sullias, Women of Paris,
Flower Sellers, and

Death And Life Threatening Illnesses
Aashutosh Godambe
GBA 231
Dr. Little
04/20/17
Final Paper
Death and life threatening illnesses is not a subject that one likes to talk about. It is more complex,
when the subject of wills and end of life desires arise. In this paper, I will be discussing ethical
situations that arise when dealing with this specific problem.
I will be talking about the potential consequences that the deceased family must deal with when a
will has not either been formed or performed properly. Next, I will be looking at the differences
between palliative and recuperative care; I will also give my view on who should be included in the
decision to alter care from recuperative to palliative. My next topic will be deliberating the issue of
end–of–life ... Show more content on Helpwriting.net ...
If one fails to execute a living will, a person might opt not to establish a power of attorney. This also
leads to difficulty for one to control the kind of medical treatment to adapt. Whenever an estate hits
intestate situation, the court will take responsibility and pay outstanding debts and expenses before
distribution the property takes place. When the court has to take the decision of the distribution of
property it will only take into consideration the family members on the deceased.
Question #2 www.nationalsensusproject.org, says that palliative care stands for patient and family
focused care that optimizes the quality of life anticipating, treating suffering, preventing. Palliative
care means continues continuum of illness that includes addressing physical, social, and emotional,
spirituals and intellectual needs and facilitation of autonomy. We can say palliative care is used to
explain pain management when individuals are either healthy or when individuals are in their
process of dying. Palliative care leads to the easing of suffering in physical and mental health
without really curing it. Health resources and service administrations define recuperative care as a
short–term medical care, and the type of management offered to people who

The Pros And Cons Of Estate Planning
It is shocking to know that a majority of working American adults do not make estate planning a
priority. While most agree that estate planning is important, the misconception is that it is too
complicated or expensive. The majority do not know that they are indirectly involved in estate
planning by enrolling in a pension plan at work and choosing their beneficiary. This paper will
examine a simple form of estate planning through different employer benefits and qualified plans;
analyze why employer benefits should be considered in estate planning; determine the extent to
which an employee factors in estate planning when choosing life or death benefits from his or her
job.
Estate planning is the process of anticipating and arranging for the ... Show more content on
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To help finance the Spanish American War, the War Revenue Act of 1898 was passed, and
subsequently abolished in 1902. The 1898 death tax was a form of estate tax, levied upon the value
of all personal property included in a decedent's gross estate (Luckey, 2003). A possession passing
to a surviving spouse was excluded from the tax, and a $10,000 specific exemption excluded small
estates. The tax rates were graduated from 0.74 percent to 15 percent, taking into consideration both
the size of the estate and the degree of affiliation of the decedent and the beneficiaries (Luckey,
2003). Due to the cost of World War I, the Revenue Act of 1916 restored an estate tax that has since
influenced the current estate tax code (Luckey, 2003). In 1797 it was 10 cents on inventories of the
effects of a deceased individual and 50 cents on the probate of wills and letters of administration. In
1862 the tax package included an inheritance tax in addition to the stamp tax of the probate of wills
and letter of administration. Federal death taxes in the United States between 1797 and 1915 appear
to have served as additional revenue sources adopted only during war times (Luckey,

The Unfair Political System During The French Revolution
Social reform during the French Revolution developed due to the unfair political system, brutality
perpetrated by the first estate, and the living conditions the lower class lived through, nevertheless,
the violence and genocide committed in order to create reform were immoral. Prior to the French
Revolution, people of influence abused the political system in order to allow them to live in luxury.
The government consisted of the first, second and third estate. The First Estate is composed of
kings, queens, and other royalty personnel which is around one percent of the population. The
Second Estate consists of nobles and clergy, which is equivalent to one percent of the population.
Lastly, is the Third Estate which ranged anywhere from the ... Show more content on
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During the time of the French revolution people of the first estate, second estate, and citizens who
work for the said estates, were generally murdered violently either by mob attacks or the Guillotine.
The citizens of the third estate essentially wanted revenge on these people. The guillotine originally
was used by the first estate to punish the lower class, for example; if a citizen from the third estate
did not pay their taxes or they somehow "disrespected" a leader of power they would be sent, as
punishment, to the guillotine and be put to death. Ironically, throughout the duration of the French
revolution, the citizens who were previously affected by this tyranny used the same tactics in order
to create social reform. The citizens of the first estate would brutally force people of power to death
or subdue them to violent torture. An example of this could be when a man named Flouon justly
needed to be punished for crimes he had committed however the mob of citizens brutally murder
him by hanging him on a lamppost and then putting "his head [upon] a pike"(II.22.223). In addition
to this, another example of the violence and brutality committed in order to create social reform is
The Storming of the Bastille. The Bastille was a prison in France, which essentially represented the
authority of the upper estates, many low–class citizens were imprisoned there for unjust reasons. the
time of the French revolution came around the citizen liberating the prison not only freed prisoners,
they killed many of the authority residing there unjustly and

Dbq 3rd Estate French Revolution
During the 1700s, France's government was run by a three system estate system. The First Estate
was made up by the powerful clergy members, while the Second Estate was made with nobles.
Peasants and working men made the Third Estate, also the largest estate. In this large estate there
was a little class named the Bourgeoisie was a part of the Third Estate. Though the Bourgeoisie was
highly educated and always had stable professions, they were not set aside from the peasants. The
Third Estate was treated very poorly during the 1700s. Life was not suitable for the working class.
The mistreatment and inequality led to the French Revolution. Inequality during this time period
meant that things were not the same throughout each class. Unequal power between the estates,
abuse of the Third Estate, and the taxes and price raises were the three reasons that outweighed the
many political, social, and economic factors that led to the French Revolution. ... Show more
content on Helpwriting.net ...
Even though the Third Estate made up the majority of the population, they only got one vote. As
seen in the chart based off of the three estates in France during 1789, 97%of the citizens created the
Third Estate (Doc 2). One vote for 97% of the population was unequal, and no one's voice was
heard separately. The Third Estate had only one vote, the First and Second Estate were able to pass
anything that pleased them. According to the English Bill of Rights written by the English
Parliament, "That the pretended power of suspending of the laws or the execution of law is regal
authority without consent of Parliament is illegal..." (Doc 8) The English had the same issue and
solved it earlier. France should have inferred that the issues would appear and used the English's
struggles and solutions for their own good. The First and Second Estates did everything in their
power for the Third Estate to have very minimal

Building A Life Real Estate Agency Disaster Response Team
4.5 Phase 2 Phase 2 is referred to as emergency operations and must be taken from 12 hours after
disaster happened to its termination. During this phase there are actions which should be taken.
Such actions include possibility to continue operations and perform functions for several days with
resource support. Specific Smart Life Real Estate Agency management and staff may be appointed
to serve on Response Team to support it. It is important that Smart Life Real Estate Agency Disaster
Response Team is established prior to activation so that team members can be trained on their team
responsibilities and roles. Depending on the severity and nature of the disaster the Disaster
Emergency team establishes the roster and size of the team that is to be adjusted by the
Commissioner of Insurance if necessary. 5. Organization and Assignment of Responsibilities This
section Organization and Assignment of Responsibilities establishes the plan that should be
followed and be relied on to manage the incident including a list of the kinds of tasks to be
performed by position and organization, and an overview of who does what. The director Smart Life
Real Estate Agency and Associate Director are not able to manage all the aspects associated with an
incident without assistance. That is why there is Emergency Manager, who is responsible for
performing tasks that will ensure the safety of people and staff during critical incident. Director of
Smart Life Real Estate Agency The director

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7 Years to 7 Figure Wealth:
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Back at the condo she checks her email while staring out at the waves breaking upon the shore. A
heavy snowstorm was raging back at home, and three tenants moved out this week, but two were
quickly replaced and the third would be soon.
Finally, he wraps up his gear and heads for the door. He passes the new 52" flat screen TV, turns
before leaving, and asks
Her manager sends her the weekly report if they have any of the rent they have which she reviews
and sends a quick neglected to pay for the past three reply with a few marketing strategies she
months. would like to implement to attract higher
They look at him with disgust and explain paying tenants. She gets on a quick again how difficult it
is to find work since video chat with her real estate agent and being fired from the factory, and that
they learns about a new apartment complex for sale, and within twenty minutes she need to buy
clothes and food for their has an offer submitted to purchase the children first, so he would have to
wait. property. Page 2
7 Years to 7 Figure Wealth
By Brandon Turner

She sends an email to her accountant, acquisition supervisor, and several "bird dogs" to wrap up her
work for the day by noon. She begins her walk in the warm sun to her daily Spanish lesson and
decides that she might stay here for several more months before heading back home.
After all, this was the life she signed up for when she took on the role of "landlord."
Choosing

The Smart Life Real Estate Agency Emergency Operations Plan
1 Basic Plan 1.1 Purpose of the Plan
The purpose of the Smart Life Real Estate Agency Emergency Operations Plan (EOP) is to identify
how this agency will prepare, respond to and recover from emergency or disaster incidents.
This Basic Plan, along with its Annexes, are components of the Emergency Operations Plan that
was developed to provide the general and conceptual framework for coordinated, multi–agency
response and efficient use of resources during a major emergency or disaster.
1.2 Situation Overview
Characteristics
Smart Life Real Estate Agency is a Las Vegas company that focuses on the provision of real estate
services to clients all over the city. It is located at 825 Temple View Drive Las Vegas, Nevada 52895
in a 20 sq. meter office. [Appendix 1] This company was formed on the 5th of September, 2013,
with the primary goal of linking proprietors and aspiring home owners in Las Vegas with their
dream properties.
2. Hazard Profile
Las Vegas is one of the fastest growing cities in the US. This accelerated growth offers a perfect
opportunity for Smart Life Real Estate Agency to thrive in the robust economy. There are numerous
hazards that the company faces when operating. The most immediate hazards to be addressed are:
Fire;
Flash floods;
Personal safety;
Toxic building chemicals;
Accidental falls. 3. Assumptions

Successful, Enlightened, But Excessive
Josephine Joliff 11/23/15
Period 5 Ms. Green Successful, Enlightened, but Excessive
Throughout history, revolutions have occurred for many different reasons all around the world, in
many different ways. But, there is always a certain extent to which each revolution can be
successful, and also enlightened. The word successful is defined by Oxford Dictionary as
accomplishing an aim or purpose, and enlightened is defined as having or showing a rational,
modern, and well–informed outlook. During the 18th century, a new intellectual movement that
stressed reason and thought and the power of individuals to solve problems, called the
Enlightenment was highly influential in ... Show more content on Helpwriting.net ...
Before the revolution, king after king ruled over France with full power, and often did not take into
consideration the people's thoughts, beliefs, and opinions. Throughout the revolution, citizens from
the third estate began bringing attention to themselves and fighting for what they wanted, starting to
let their voices be heard. On July 14th, 1789, many suppressed french peasants intensely stormed
the Bastille, an important prison in France, and also captured, imprisoned, and killed french royalty
to show their anger against how they had been previously treated. This act forced King Louis VI to
pay attention to these threats from the lower class, and minimize power in the high society. Also,
this was one of the first key events that led to the french revolution's success, and the abolition of
the monarchy. Later, on October 4th in 1789, an important march took place, in which a great
amount of hungry, angry women marched towards Versailles demanding bread. The king and queen
were once again forced to recognize this event led by unhappy lower class parisians, and moved
from Versailles to Paris on October 6th. Both of these events led to the legitimization of the National
Assembly, which eventually caused the writing of the constitution and France becoming an official
republic in 1972. This matters because it marked the end of an unfair government where the third
estate was

Common Estate Case Study
When closing an estate, most states that use a formal probate process, allow for an informal closing
for common estates. These states simplified the probate process for estates that are straightforward;
not complicated or contested. Fortunately, Massachusetts is one of those states. In Massachusetts,
closing an estate using the simplified probate process involves the following tasks:
1) Complete a final inventory of assets.
2) Using the inventory of assets in the final accounting, complete the final accounting.
3) Under cover of an assent form, send copies of the inventory of assets and the final accounting to
each beneficiary.
4) After receiving the signed assent forms from each beneficiary, the executor must sign the form
called ... Show more content on Helpwriting.net ...
3) Schedule C – Schedule C is the remaining balance of the estate. In common estates, the balance
should be zero. Simply put, the total in Schedule A must equal the total in Schedule B to produce a
zero balance in Schedule C. Furthermore, filling in these schedules with the appropriate values is a
collaborative effort. At times, throughout an estate administration, there are legal matters that the
attorney must handle. If these matters produce income or expenses for the estate, the attorney should
enter those values on the appropriate schedule. So, if the account doesn't balance in the initial
attempts, the attorney will most likely step in to help find any discrepancies if needed.
Once the final accounting balances, then the attorney will continue with the rest of the closing
process mentioned above. At this point, the only remaining task for the executor is to distribute the
rest of the property in the estate after signing the account form.
.
The Informal Closing of an Estate
Although an estate may close informally, it doesn't mean that a probate court won't request
information at a later date. Therefore, the executor should hold on to the original documents related
to the informal closing. In addition, the executor should retain supporting documents related to
entries in the final accounting such as receipts, bank statements, and brokerage statements.
Basically, all an executor needs to do is store all the documentation used to produce the

Intestacy Notes
Topic: Introduction to the law of intestacy.
Students must be able to:
|LOS 1 |describe the evolution of the rules of intestacy. |
|LOS 2 |distinguish between total intestacy and partial intestacy. |
|LOS 3 |understand essential terms used in the law relating to testacy and intestacy. |
LOS 1
Distriution of Real Property before 1926 Rules of inheritance dictated that real property (realty)
passed to the heir–at–law who was the eldest son. If there were no surviving sons or their issue,
realty devolved equally on the daughters of the intestate. The ... Show more content on
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|legatee predeceased the testator. |
| |causing the gift to fail |
|Deceased made a will but it was revoked. |Residuary gift has been revoked. |
|Deceased made a will which attempted but wholly failed|Residuary gift failed for uncertainty or
because the |
|to dispose of his property. |beneficiary witnessed the will. |
|Deceased made a will which containd no disposition of |Residuary gift lapsed under s. 18A of the
Wills Act. |
|his property: Re Skeats [1936]. | |
| |Residuary gift was subject to forfeiture. |
Quick Answer Question
D died leaving a will which did not deal with his residuary estate. He left a wife W and 2 sons S and
P. Advise as to the distribution of D's estate.
LOS 3
The surviving spouse A wife or husband who survives the other. Does not include a legally
separated or divorce person.

Issue Issue comprise the lineal descendants, male or female, of the intestate

College Admissions Essay: My Life As A Real Estate Agent
Education has always been an importance to me. Since no one in my family has been to college. I'm
that person that is really relaxed and can make good decision to just about anything. One of the
things that I have achieved is soccer, and I have made the high school soccer team and plan on
playing for a college team. Living with four siblings my whole life was probably the best thing ever.
We all grew up in California in a nice big house, we were all taught to have a really fancy manners.
Everyone in my family had good grades before they graduated high school. I am proud that I have
gone this far in life and would like to move on to bigger accomplishments. Although I have been
through some obstacles that has pushed me down but always managed to get back up. ... Show more
content on Helpwriting.net ...
But I still had the same mentality I had before and now, And always kept looking ahead of me. And
now, we are more successful in life and have our mind set. Since I was a kid I always wanted to be a
real estate agent, just because I have an uncle that is a real estate agent and he tells me what he does
and how he sells and buys houses and it caught my eye helping other people find the right house for
their family and they can live there for a long time and Cifuentes2
Maybe forever. And also be known as "that guy" that helped them find a house really would make
me happy if others were happy. I have the ability to have what I want to become and I think I would
be the right person to for this job and would like more experience into the business world. And
would interested in going in your

Proposed Bill Legislation For A Reform Of The Current...
PART A
The Succession (Scotland) Bill passed stage 3 of the parliamentary process on 29 January 2016 and
will be brought into force at a future date. Critically evaluate the extent to which the provisions in
the bill relating to survivorship and forfeiture represent an improvement to the current legal
position.
The Succession (Scotland) Bill is currently in the process of being processed in order to alter the
current position of Statute in the Succession (Scotland) Act 1964 and also Trusts (Scotland) Act
1921. The alterations being made are currently disputed as to whether they will create improvements
for the functionality of the law of trusts and successions or that they will cause more problems for
the courts in passing judgements. ... Show more content on Helpwriting.net ...
The Bill introduces a very drastic change to the aforementioned provisions in Section 31 as it states
that despite the circumstances when the presumption of order of death is uncertain then neither of
the parties are to be presumed to have survived the other, ergo diminishing the current legal stance
relating to the general rule that the younger of the parties is presumed to have survived the elder.
However this change has the ability to give rights to beneficiaries in both wills rather than vesting in
the younger of the two deceased persons. For example if an unmarried couple die and leave wills to
each other whom failing their two children then by applying the proposed rule in the bill then both
children will receive from the will rather than the younger of the deceased.
The idea of the provisions set out in the Succession (Scotland) Act 1964 were to help benefit the
younger person who is presumed to have predeceased the elder so that the possible whom failing
clause can be met rather than the estate falling into partial intestacy. A case which illustrates this
outcome well is the Ross's Judicial Factor v Martin when both died and the common law rule was
applied it was determined that neither would have survived the other. This therefor caused both of
the estates to be treated as

Life Insurance Vs Estate Planning Essay
It is important to secure household wealth; this can be established through life insurance and estate
planning. This will help make sure that anyone you support isn't left on the street, and that their
financial well being is taken care of. Life insurance is important but we face two problems, first we
don't know when we are going to die and then the possibility of dying to soon. Dying before we are
able to secure financial security for love ones. Life insurance protects our love ones from the death
of you or spouse. This is especially important for the one who brings the higher income
(breadwinner). If only one person earns income and other people rely on that income, we need to
make sure those people are still being taken care after an ... Show more content on Helpwriting.net
...
Most of your assets are to be distributed among children or family. Estate planning should be taken
care of before ones death rather than after. If nothing is setup then there is a probate court that will
distribute and properly execute to people or organizations, which is required by law. It is
recommended that your assets be set up as a nonprobate property. Meaning that you have distributed
your assets by transfer to a designed beneficiary, transfer to property ownership designation and
transfer by payable death designation. Having a joint tenant in a property transfers immediately to
that person upon ones death and for payable on death designation allows for the beneficiary to
access funds immediately with proof of a death certificate. A will also establishes what should be
done with any remaining assets after death. This is done through a personal representative that
identifies ones assets, collects any money due and after that is established they will pay off any
debts and after filing income tax distributes it with the permission of the court. Keep in mind that
spouses have legal rights to each other estates. This is known as community property laws that state
that the surviving spouse owns half of everything acquired during the marriage regardless of the
contribution by either

Reasons For The French Revolution
There were many causes that led to the French Revolution. Class, money, and philosophes were
three major factors that contributed to the French Revolution. The most important cause was money.
These factors resulted in Louis The Sixteenth and Marie Antoinette being executed, and the reign of
Napoleon to begin.
Class conflicts are a huge component of the French Revolution. The French Revolution began as a
result of the lack of the people's happiness over how they were told to live their lives. There were
three estates. The first estate being the clergy, the second estate being the nobility, and the third
estate being the bourgeoisie (commoners). The first and second estate consisted of very few people,
but was given most of the money, ... Show more content on Helpwriting.net ...
As the first and second estate voted that the bourgeoisie should pay all the taxes, the bourgeoisies
was outvoted and was forced to keep paying all of the taxes. The nobility and clergy were very
greedy, especially the clergy. Their morals were supposed to be more focused on the word of god,
instead of being focused on the material aspects of life on Earth. The clergy was supposed to be kind
and helpful, instead of selfish. Since the clergy was greedy, it lead France to be in even more debt
and have more conflicts. There were many privileges only given to the upper classes, which made it
unfair. At the beginning of the French Revolution, the bourgeoisie became very fed up with the
inequalities within the classes. To deal with the inequalities, the estates decided to gather in the
tennis courts and take an oath called the Tennis court Oath. The Tennis court Oath stated that they
would not leave until a new constitution was created. In the end, a new constitution was created and
a new form of government was put into place. The new government was called the national
assembly. The national assembly lasted from 1789–1799 but was then abolished as it upset many
people in France because the priorities of the National Assemblies decisions did not meet the
people's needs.
Money was also a major factor to the French Revolution. Once Louis The Sixteenth and Marie
Antoinette became absolute monarchs in 1774, they lavishly spent money. The couple

The Importance Of Equality In The French Revolution
The French Revolution is a great example of how equality leads to peace and order; if the people of
France were equal during the time of the Revolution, there would not have been so much conflict
and reformation of government. I want to focus on equality because it is a topic that is dear to my
heart for many reasons and I firmly believe that the lack of equal rights is what fueled the French
Revolution and led to the violence and chaos that occurred during that time. Due to the Monarchy
that the French had at the time, citizens were under a feudal class system that kept their people from
being equal in government. This division between classes is just one of the things that aided the
violence that occurred during the French Revolution simply because people were not equal. No one
was represented in government and no power was distributed amongst the people; therefore, people
felt they were walked on and that their life was not as valuable. The imbalance of power drove
people to violence because the citizens of France felt this was the only way to make themselves
heard. This is just one example of how inequality led to the destruction of the society in France
during the French Revolution. The Feudal Class System and active and passive citizenship were the
main contributors to the lack of equality in France and that is why it fueled the French Revolution.
The first issue that led to the revolution was misrepresentation in government. This
misrepresentation I'm referring is

What Were The Major Causes Of The French Revolution
What were the major causes of the French Revolution, and why did it take the course that it did?
The French Revolution of 1789 is an important milestone in the history of Europe. The revolution,
not only transformed the political, social and economic life of the people but also altered the entire
course of the worlds history. In the 18th century, France was a feudal society under the authority of
an out–and–out monarchy. The Bourbon monarchs lived in brilliance in the royal palace of
Versailles. The finances of France were in terrible conditions. The treasury was essentially empty
after the many wars that France was involved in. King Louis XVI was unable to guide France
through the political and financial crises. Queen Marie Antoinette, an

Adrian Rubin LLC
The world of real estate can be compared to a group of sharks who are engaging in a feeding frenzy.
Everyone wants to get the best property for themselves at the right price with all the added
amenities that a good property can offer. However, the whole process of looking for that ideal
property all by one self is and extremely tiring and time consuming process especially if one does
not have the proper idea and knowledge about the real estate market. Thus, one should look for a
company which specializes in real estate development and aims to provide efficient services that
will help one to buy the perfect property. One such company is Adrian Rubin LLC, which is a
Philadelphia based real estate development firm owned by Adrian Rubin . This company has been
providing efficient service for over thirty years, where Mr. Adrian and his associates aim to provide
the best when it comes to any real estate project. Adrian Rubin LLC is a renowned real estate
development firm, which has the main motto of getting the job done properly by comprehending the
needs and the requirements of the clients and making it a point to deliver absolute customer
satisfaction.
There are few many benefits of availing services from ... Show more content on Helpwriting.net ...
Apart from finding the right property which is suited to the clients budget they will also recommend
trustworthy lenders.
The clients will get comparative market analysis that will help them to understand of the property's
value based on comparable sales in the area, along with the condition of the property. An
experienced and professional estate from a reputed real estate firm can provide listing to the local
Multiple Listing Service (MLS).
A real estate agent will be an excellent negotiator, and will help the client get the property for the
ideal

Real Estate Law Research Paper
In term of Real Estate Law, the law recognizes two classifications of property which are real and
personal. Real property relates to land and those things that are more or less permanently attached to
the land, such as homes, office buildings, and trees. Personal property refers to all other things, such
as automobiles, furniture, computers, bank accounts, stocks, and bonds. Real property includes
rights to the airspace above the surface of the property, mineral rights to minerals located beneath
the surface, and water rights for water located on or beneath the surface of the land. A fixture is an
article of personal property, such as an air conditioning unit or a dishwasher, which has been
installed in or attached to land or a building and, on attachment, is regarded ... Show more content
on Helpwriting.net ...
A fee simple determinable is ownership in real property limited to expire automatically on the
happening or non–happening of an event that is stated in the deed of conveyance or the will creating
the estate. A life estate is an estate the duration of which is measured by the life or lives of one or
more persons. An estate for life may be for either the life of the owner or the life of some other
person or persons. An estate at will is an estate with no fixed term created by the expressed or
implied agreement of the parties. An estate at will can automatically be terminated; however, under
modern law there may be some notice requirement before termination. Real estate legal assistants
are found in all types of law firms, whether they be large or small, urban or rural. In addition to
private law firms, many corporations hire real estate legal assistants. The skills used by legal
assistants in a real estate practice include preparation of legal documents, examination and review of
real property titles, preparation of land descriptions, preparation and review of leases, and fact–
finding investigative work required to represent purchasers, sellers, and lenders in connection with
real estate

Absolute Value Of Being A Real Estate Agent
Absolute value can be used in a variety of ways in real life occupations like a real estate agent.
Absolute value is important because if a number does not work because it's negative, absolute value
is used to make the number positive. Out of many job possibilities, I chose a real estate agent
because it uses absolute value the most in the job with things like measuring distances and financial
transactions. A real estate agent, by definition, is a person who sells and rents out buildings and land
for clients This job is important because real estate agents are the reason something has an address
and people have ever rented, bought, or sold homes. The following essay will discuss how being a
real estate agent is important to everyday life and uses ... Show more content on Helpwriting.net ...
The first way is that they need to know measuring distances. Real estate agents need this for tasks
like placing for sale or open house signs in the perfect spot, taking pictures to make the house look
appealing to a buyer, measuring the rooms of home, and to know how far away the house is from
main places like a school. The last reason math is needed is for financial transactions. This task is a
necessity for selling, buying, or renting a house, or estimating costs of a home, renovations or
updates, and furniture.
To be a real estate agent, you have to have loads of requirements. One essential education
requirement is at least a high school diploma. So, no college is required but you probably have a
better chance at the job with college. Also, a real estate agent needs to have licenses for the state
they work in. Your state requires a specific number of hours of coursework or written or hands–on
work in order to get your license.
Real estate agents are needed and can be quite helpful when in the market for a new home or trying
to sell yours. In all, this occupation is very useful and without it, the property market would be a
troubling

Will And Revoke All Prior Wills And Codicils
WILL OF ALICE HAYES
I, Alice Hayes, of Libertyville, Illinois, make this my Will and revoke all prior wills and codicils.
Article 1
Introduction
My Family. I was married, but my husband has deceased. I have three (3) children now living,
namely TROY HAYES (Troy), MARISSA MARSHELL (Marissa), and JOHN HAYES (John). I
intend by this Will to provide for all my children, including any born or adopted in the future. I have
six (6) grandchildren now living, namely ROBERT HAYES (Robert), JUNE HAYES (June),
DAVID HAYES (David), JAMES MARSHALL (James), CONSTANCE MARSHALL (Constance),
and SARAH HAYES (Sarah).
Article 2
Gifts on My Death
2.1 Specific Gifts of Tangible Personal Property. I give the following tangible personal property
upon my ... Show more content on Helpwriting.net ...
2.3 General/Demonstrative Gifts. I give my general or demonstrative legacies as follows.
(a) I give ten thousand dollars ($10,000) to each of my grandchildren who survive me.
(b) I give five thousand dollars ($5,000) to my friend, WALTER WALSH (Walter) of Island Lake
Illinois, if he survives me.
(c) I give two thousand five hundred dollars ($2,500) to my friend ELIZABETH FORD (Elizabeth)
of Zion Illinois if he survives. (d) I give five thousand dollars (5,000) to my sister FRANCINE
FRANCO (Francine) of Island Lake Illinois, if living, otherwise to her husband, BERNARD
FRANCO (Bernard), of Island Lake Illinois.
(e) I give ten thousand dollars (10,000) to my church, St Joseph's in Zion, Illinois.
(f) I give ten thousand dollars ($10,000) to the American Cancer Society at the local Chicago
Chapter.

(g) I give fifteen thousand dollars ($15,000) to Orphans of the Storm.
(h) I give twenty thousand dollars ($20,000) to the local chapter of the Juvenile Diabetes Research
Foundation in honor of my granddaughter Constance.
(i) I want all of my shares of ABC stock to be evenly divided into three equal portions as follows:
(a) I give one portion to my niece, FLORA FRANCO (Flora) and FAUNA FRANCO (Fauna), if
living, otherwise to their descendants.
(b) I give another portion to the children of my son, Troy if living or otherwise to their descendants,
but even if living, my

French Revolution Research Paper
There are many questions about the French Revolution. One question would be, is did the French
Revolution benefit all members of the third estate? Before the French revolution, the third estate had
an unfair life. They were the only ones taxed and had little to no freedom. But what affected this the
most was the debt that France was in from helping the Americans. This led to the third estate to get
angry at the inequality of people and wanted change. The radical and forced change of the French
Revolution resulted in equality amongst all estates.
To begin, one way this is shown was how the third estate wanted. Which was equality of all men.
Some people during this time, like the nobles, did not like this idea. Do you believe that this was a
... Show more content on Helpwriting.net ...
What group in the Revolution do you think made the most effect? I think it was the Jacobin. This is
because they were the radical ones. But there could be other groups that were radical. Who else do
you think were radical. Due to King Louis XIV's rule of total monarchy, "individual citizens without
money or power were unable to participate in politics for many years". This proves that the
Revolution was mostly composed of the third estate. This is because the first and second estate lived
in luxury compared to the third estate, so money was not a problem. When the revolution started,
one of the first thing that happened was the storming of the Bastille. This happened on July 14,
1789, where "the citizens of Paris stormed the Bastille Saint–Antoine in hopes to symbolize their
readiness to fight for their individual freedoms". They had also stated that "the ignorance, neglect,
or contempt of the rights of man are the sole cause of public calamities and of the corruption of
governments". This shows that while they try and fix the government, they are also trying not to do
something that would result in corruption. With democracy in the government, French citizens had
increased nationalism and an identity of self and place due to this big action. The third estate had
had many inequalities compared to others, but due to the enlightenment and change in mind, they
overcame the king's power and increased their right in the

Summary: What Happens During The Probate Process
What is Probate?
It is common for people to draft wills prior to their death to ensure their loved one's are financially
secure following their passing. This is a kind and considerate gesture, but before people can have
access to whatever property and assets that have been willed to them, or what they feel should have
been willed to them, probate will need to be granted. In other words, it will need to be proven that
the decedent's will is valid.
A probate attorney from Key Law, LLC is here to help when people are planning to file a petition
with the Alabama probate court.
What Happens During the Probate Process?
The probate process can go quickly, but it can also be lengthy, depending on the circumstances. The
ultimate goal of this ... Show more content on Helpwriting.net ...
Transferring ownership of property and assets, which is based on will or laws of the state.
Appraise decedent's assets and property.
Pay decedent's debts and taxes.
Does Your Loved One's Estate Qualify for Probate?
Not all estates qualify for probate, which means people will be able to settle their loved one's estate
in a more timely manner. This is dependent upon the size of the estate, and is typically available for
what courts consider "small estates."
Know the Laws in Your State
Not all states have the same laws regarding wills. What may be the law in one state, is not always
the same in another, so when planning for the future, it is important that people understand how
legal matters are handled in Alabama. For example, a lot of people choose to write their wills. This
is an option, however, it will be considered invalid because Alabama law will only consider wills
that handwritten. Should a will be absent or considered invalid, property and assets are at risk of
being distributed according to Alabama law.
Probate attorneys from Key Law, LLC are familiar with laws regarding this specific legal matter, so
they can guide and advice clients during the

Analysis Of Harvey Mann 's Will And Revoke All Prior Wills...
WILL OF HARVEY MANN
I, HARVEY MANN (Harvey) of Deerfield Illinois, make this my Will and revoke all prior Wills and
codicils.
Article 1
Introduction
1.1 My Family. My "spouse" is ERIN MANN (Erin). I have three (3) children now living, namely
JASON MANN (Jason) who is 37, HILARY JACOBS (Hilary) who is 35, and MARK MANN
(Mark) who is 32. I intend by this instrument to provide for all my children, including any born or
adopted in the future.
Article 2
Gifts to Revocable Trust
I give my tangible personal property and the rest of the property I own at my death (excluding any
property over which I have a power of appointment) to the trustee of the Harvey Mann Trust dated
April 26, 2017 previously signed by me, as in effect at my death ... Show more content on
Helpwriting.net ...
To sell at public or private sale, contract to sell, grant options to buy, convey, transfer, exchange, or
partition any real or personal property of my estate for such price and on such terms as my executor
sees fit;
(c) Real and Tangible Personal Property. To make leases and subleases and grant options to lease,
although the terms thereof commence in the future; to purchase, operate, maintain, improve,
rehabilitate, alter, demolish, abandon, release, or dedicate any real or tangible personal property; and
to develop or subdivide real property, grant easements, and take any other action with respect to real
or tangible personal property that an individual owner thereof could take;
(d) Borrowing. To borrow money from any lender (including my executor individually), extend or
renew any existing indebtedness, and mortgage or pledge any property;
(e) Investing. To invest in bonds, common or preferred stocks (including securities of any corporate
fiduciary or of any affiliated corporation), notes, options, common trust funds, mutual funds, shares

of any investment company or trust or other securities, life insurance, partnership interests, general
or limited, limited liability company interests, joint ventures, real estate, or other property of any
kind, regardless of diversification and regardless of whether the property would be considered a
proper estate investment;
(f) Distribution; Determination of Value. To distribute my estate in cash or in kind, or

Estate Law Essay
EXTRA CREDIT
1) List the basic documents used in estate planning. ––Wills
–Side instruction letters
–Durable powers of attorney for property
–Durable powers of attorney for health care
–Living wills or advanced medical directives
–Do Not Resuscitate orders
–Codicils
2) What problems arise for someone who dies intestate?
"Dying intestate" means dying without a valid will. When somebody dies intestate, the laws of the
state of their domicile control the distribution of their personal property. Real property located in
another state is distributed based on the laws of that state. The Estate is represented by an
administrator that is ... Show more content on Helpwriting.net ...
16) Define tenancy in common.
Tenancy in common is joint ownership in property by two or more individuals called" tenants in
common".
17) Define joint tenancy.
Joint tenancy is interest in property held by two or more individuals where each person has
undivided and equal interest in the whole property, generally with right of survivorship.
18) Define right of survivorship.
Right of survivorship means that upon the death of a tenant, the decedent's interest in the property is
transferred or distributed to the other tenants.
19) Can a joint tenancy be partitioned?
Yes, a joint tenancy can be partitioned. This does not require the consent of the other tenants.
20) Define community property.
Community property is a system of law wherein married individuals own an equal undivided
interest in property accumulated during their marriage. The property can be obtained through the
outlay of funds by either spouse.
21) List three common ways to own separate property in a community–property state.
The property could be acquired prior to marriage or acquired by gift during marriage or acquired by
inheritance during marriage.

22) Discuss the main differences between an executor and an administrator.
The executor is chosen by the decedent while the administrator is chosen (appointed) by the probate
court. Executors are

Factors That Influence Investment in Real Estate in Nyc
Subject: Investment in real estate in New York City and factors
Topic: Factors that influence investment in real estates in New York City
Question: What are factors that provide the foreign investors to invest their money to real estate in
New York City?
Thesis: Diversification, big amount of money, exchange rate and quality of life are factors that
influence foreigners to invest in real estate in New York City
Abstract: With the economic crisis in the U.S., Americans are worried about investing in real estate
while foreign investors feel the U.S. real estate market is very enthusiastic especially in New York
City. According to an annual survey taken by the Association of Foreign Investors in Real Estate
(AFIRE), the U.S. rose to the ... Show more content on Helpwriting.net ...
Unfortunately, the rules that were written in 1980 still continue today. Although tax on a real estate
is very high, it has not affected to the investing in real estate in the U.S. Investors are continuing
take risks in investing.
When to Invest in Real Estate As the U.S. commercial real estate recovers, it is critical for investors
to know when to focus their time and money. To capture the market, investors began to return to
commercial real estate. Well–leased, cash–flow–generating assets in primary markets were
particularly in demand. National transaction volume totaled $120 billion in 2010, more than double
the $54.6 billion in 2009. Among property sectors, offices and hotels experienced the largest
transaction volume (Lynn, D. J.).
Different property sectors exhibit different behaviors during expansion and contraction cycles.
During contraction periods, the better–performing sectors have been retail, apartment, and to a
lesser extent industrial. Office and hotels tend to perform poorly during the down cycle (Plazzi, A.,
Torous, W. & Valkanov, R.).
"Conversely, during periods of expansion, office, and hotel tend to be better performing sectors,
while apartment and retail generally lag" (Lynn, D. J.). A market with a higher beta has higher
returns when the index is increasing and lower returns when the index is decreasing.
Factors that Influence Investing in Real Estate in the U.S. The real estate markets in the U.S.
performed better than many

Non-Probate Assets Analysis
The Will is one of many essential elements of a solid estate plan. However, the Will only covers
assets that comprise the probate estate. Other assets (non–probate assets) are not controlled by the
Will. If you need to verify that your entire estate is covered, but you aren't sure if non–probate assets
have been taken into consideration, please get in touch with an experienced Arizona estate planning
attorney. If you already have an attorney preparing your estate plan, make sure they are aware of
both types of assets.
Non–probate items are normally those for which a beneficiary upon death is already designated. If
you aren't sure what would qualify as a non–probate asset, consider some of the following items. *
Life Insurance Policies
401k's,

The French Revolution Of 1789
French Revolution in 1789
Introduction:
King Louis XVI required cash. His money related crisis constrained the French ruler to reluctantly
meet the Estates General with a specific end goal to require another land tax that would ideally
settle his financial hardships. It had been basically 175 years since a last meeting of this deliberative
body. That included delegates of almost three Estates: the First involved the ministry, the Second
contained the nobility and also the Third involved the lower and middle classes. The Estates started
their meeting at the Versailles on 5th of May, 1789 and immediately went into a force battle. The
Third Estate soon proclaimed itself the "National Assembly" that was illustrative of the general
population. ... Show more content on Helpwriting.net ...
Political, monetary, and social conditions in France added to the discontent felt by numerous French
individuals particularly those of the third estate. The thoughts of the scholarly people of the
Enlightenment conveyed new perspectives to government and society. The American Revolution
additionally affected the happening to the French Revolution. The Philosophers planted the seeds
for the French Revolution. Their objectives were to uncover and annihilate the disparities of the old
administration (old order). The political discontent of France was one of the reasons for the
Revolution. In the seventeenth and eighteenth hundreds of years, France was ruled by an outright
government. The ruler had all the political forces. Any individual who reprimanded the
administration could be captured and put in jail without trial. Louis XVI was lord at the season of
the French Revolution. He was keener on chasing than overseeing France. He and his Austrian ruler,
Marie Antoinette, carried on with an extreme life at the Palace of Versailles. They didn 't generally
think about the condition of their nation.
The initial two estates cooperated to outvote the huge third estate to keep them from turning into a
risk to the force. Lord Acton, an Englishmen, states that the government being toppled wasn 't the
flash of the Revolution. He perceives the American Independence as the flash of the French
Revolution. The

Essay about ESTATE GIFT TAX P5
Problem 5
(1) Grantor creates a trust with income to Spouse for life, remainder to Child if living and, if not,
reversion to Grantor or Grantor's estate.
(a) If Grantor predeceases Spouse and Child, is Section 2037 applicable to the transfer?
No. Section 2037 is not applicable to the transfer.
Based on Section 2037, " The value of the gross estate shall include the value of all property to the
extent of any interest therein of which the decedent has at any time after September7, 1916, made a
transfer, by trust or otherwise, if (1) possession or enjoyment of the property can, through ownership
of such interest, be obtained only by ... Show more content on Helpwriting.net ...
In this case, Section 2037 does not apply because that grantor does not have a reversionary interest.
And also A can possess or enjoy the property without surviving the decedent.
What are included?
Since section 2037 does not apply in this case, and the decedent made the gift within three years of
death. Section 2035(a) invoked to cause inclusion in the gross estate.
Based on section 2035(a), " If (1) the decedent made a transfer (by trust or otherwise) of an interest
in any property, or relinquished a power with respect to any property, during the 3–year period
ending on the date of the decedent's death, and (2) the value of such property would have been
included in the decedent's gross estate under section 2036, 2037,2038, or 2042 if such transferred
interest or relinquished power had been retained by the decedent on the date of his death. The value
of the gross estate shall include the value of any property (or interest therein) which would have
been so included. "
As a result, the value included in the decedent's estate is still the full property less the value of the
spouse's outstanding life estate.
(c) Grantor creates a trust with income to S for life, remainder to A if living and, if A is not living,
reversion to Grantor if Grantor is living; if Grantor is not living, remainder to

Essay on Real Estate Agent
Real Estate Agent
Buying or selling a house or an apartment is one of the biggest decisions of a person's life. And
when selling or establishing a price for real estate, people seek out real estate agents to do the dirty
work. A real estate agent has to convince a prospective homeowner that he or she is trustworthy and
knowledgeable. In many ways, the agent acts as a counselor to individuals and families about to
embark on a huge commitment. Real estate agents have a thorough knowledge or real estate market
in their community. They know which neighborhoods will best fit their client's needs and budgets.
Real estate agents are generally independent sales employees who provide their services to licensed
brokers on a contract basis. ... Show more content on Helpwriting.net ...
Advancement opportunities for agents often take the form of higher commission rates and more and
larger sales, both of which increase earnings. This occurs as agents gain expertise and contacts, and
become more efficient in closing a greater number of transactions. Experienced agents can also
advance in many large firms to managerial positions. And people who have received their broker's
licenses can open their own offices.
Others with experience and training in estimating property value may become real estate appraisers,
and people familiar with operating and maintaining rental properties may become property
managers. Also, a gents, brokers, and appraisers who gain general experience in real estate and a
thorough knowledge of business conditions and property values in their localities, may enter
mortgage financing or real estate investment counseling. Employment of real estate agents is
expected to grow more slowly, however, a large number of job openings will arise due to
replacement needs. Agents who usually worked full time had median annual earnings of $31,500.
The middle fifty percent earned between $20,500 and $49,700.
The top ten percent earned more than $75,400 and the lowest earned less than $12,600.
People who are interested in becoming a real estate agent often apply in their owncommunities,
where their knowledge of local neighborhoods is an advantage.
Although it is a

Massachusetts Estate Abatement
When an executor realizes the estate lacks the assets to meet estate obligations, including bequests,
an abatement process occurs. The abatement process allows for the distribution of limited assets
which results in reducing or eliminating bequests to beneficiaries. Basically, abatement involuntarily
reduces or eliminates a beneficiary's share of an estate to allow for payment of some obligations.
Initially, to determine the need for abatement, the executor will build an administration plan as
described in the article The Administration Plan: A necessity for the Executor. If the plan reveals
that the estate lacks the assets to meet estate obligations, then abatement will result. Additionally, if
the will excludes abatement instructions, ... Show more content on Helpwriting.net ...
Therefore, the common executor should defer to an attorney to handle the abatement process.
Final Facts
In full disclosure, I am not an attorney. Also, in my estate administration, abatement was never a
concern. So, this article is a simple overview of what the abatement process entails. The abatement
process is much more complicated than this article reveals. As a result, any common executor facing
abatement should defer the matter to an attorney skilled in probate law.
Furthermore, since some articles in this blog indicated that property left in a will may be sold to
cover expenses, this article reveals the process of how that happens. The executor doesn't get to pick
which beneficiary loses a bequest. The decedent or probate court makes that decision through the
will or legal statute.
Also, for the most part, the abatement process protects the executor from legal action or contests
from beneficiaries concerning abatement. If a beneficiary or creditor doesn't agree with abatement
and files a lawsuit, they will certainly lose. The same happens if a beneficiary contests the will, that
beneficiary will lose. Of course, there are exceptions to every rule and that applies to estate law as
well. However, unless there are extraordinary circumstances, the abatement process will protect

My Decision To Return To Real Estate: Personal Narrative...
In order for me to be happy and successful, I have realized that it is critical to achieve a healthy
work, school, and life balance. With work, I have made the decision to return to real estate where I
will be more in control of my life. I enjoy being a Realtor and I enjoy the freedom to set my own
hours. I am very disciplined and self–motivated so this career choice is the best one for me. My
marketing degree will benefit me whether I remain in real estate or whether I go to work for a
corporation. If I stay in real estate, after graduation, I will most likely open my own brokerage and
run my own business. By being a Realtor, I will be able to strike a healthy balance in my life
regarding when, how, and where I work and this suits my

Fee Simple Research Paper
Fee simple defeasible is another way of saying fee simple qualified. Fee simple qualified is an estate
for which owner has fee simple title subject to a condition. If the condition is not met, then the title
passes back to the owner. It is a conditional estate based on that condition. A condition subsequent is
a condition that must occur after the transaction and a condition precedent is a condition that must
occur prior to the transaction. The classic example is that of a specific use being required of a
property. A man gave his property to the city to use as a library. Years later the city stopped using the
property as a library and the man's heirs demanded the property back. The man's family regained
title because the title held by the city was a fee simple defeasible / qualified title and the condition
was that the property be used as a library. Just as a contrast, a fee simple absolute, is a transfer with
no conditions. Synonyms: fee simple qualified Antonyms: fee simple absolute Related Words:
estate, title, freehold estate ... Show more content on Helpwriting.net ...
There are two types of overall estates, freehold estates which are owned and less–than–freehold
estates which are rented or leased. There are two types of freehold estates: estate in fee and life
estates. A life estate is based on the life of a specified person. There are two types of estate in fee,
fee simple qualified and fee simple absolute. The fee simple qualified is based on some condition
(precedent or subsequent). The fee simple absolute is the completely–unrestricted–in–any–way–
estat¬e. When a home is purchased under normal conditions in America, it is a fee simple absolute
estate. Fee simple absolute is an estate in fee which means it is a perpetual estate or an estate of
inheritance too. The fact that a home is purchased instead of rented makes the estate a freehold
estate. A fee simple absolute is the completely–unrestricted–in–any–way

Inheritance Risk Essay
Out of date wills
Considering Rod and Rachel have not updated their Wills, this presents the issue of the assets of
their estate potentially no longer going to the beneficiaries that they would currently like or intend to
receive.
As Rod has been in two previous marriages, there is the risk that in the event of his passing that due
to his Will no longer being valid due to divorce (Allianz.com.au, 2017), unintended beneficiaries
could stake a claim on his estate (intestate) resulting in Rachel receiving a reduced or nil benefit.
Also considering they are both business partners in a company, there is the risk that if either of them
pass away, that the share of the company may be inherited by unintended beneficiaries which can
lead to ... Show more content on Helpwriting.net ...
– What are the contents of your existing wills? What would you change and why?
– Who are your preferred beneficiaries? Have you thought about how you would like your assets
distributed and why? Can you foresee this creating any possible tension or issues between family
members?
– What are the values of all your assets (including company) and debts? Are these owned jointly or
individually?
– When did Rachel inherit the property from her father? Was the home his main residence since
purchase, or had it been rented at any stage? What does Rod think of the location of the property?
– What are the details of Rod's investment properties? (Probing for details such as purchase date,
acquisition costs, and current value). Are these currently insured?
– Who would you feel comfortable in nominating to handle your financial and medical/lifestyle
affairs if you are unable to?
– Who would you nominate to be your executor(s)?
– Would you like to gift to any charities?
– How is your health? What is your family history? Is there longevity in the family?
Strategies and Implications
Valid Wills
A property drafted and up to date Will helps ensure that the testator's wishes are carried out in
accordance with their intentions of distribution of assets (Allianz.com.au, 2017). Whilst it would not
eliminate a potential challenge of the will, it helps provide a clearer picture on the testator's
intentions that can provide standing to the

Accurate Bookkeeping
In a formal probate process, accurate bookkeeping is crucial. As an executor, you must provide a
final accounting of the estate and have it approved by all the beneficiaries in order to close the
estate. Since, in some states, the formal probate process can take a year or more to close an estate,
sloppy bookkeeping can hold up the final accounting stage if a discrepancy occurs. Therefore, to
avoid holdups, you must develop a reliable bookkeeping system.
How to Set Up an Accurate Bookkeeping System
Develop a bookkeeping system that makes sense to you and use technology, if possible. There are
no rules in how to set up a bookkeeping system but make sure the bookkeeping system you create
has the following components:
Track the transactions ... Show more content on Helpwriting.net ...
However, keep an eye out for transactions that are combined. Here are a couple common
transactions that could trip up any bookkeeping system:
A sale of a home. Usually, the proceeds you receive from a sale of a home has the expenses of the
sale deducted from the check. It's perfectly normal to deposit that check into the estate account
without recording the expenses. So, the income side of the transaction will be correct, but you will
be missing expenses that will cause a discrepancy in the final accounting. Make sure you enter the
expenses that were deducted from the proceeds of the sale into the manual record and the automated
record.
Completing a deposit of multiple checks on one deposit slip. When you deposit multiple checks on
one deposit slip you will receive a receipt for the total of all those checks. In the final accounting,
each type of income is reported separately. So, if you deposit multiple checks consisting of a rent
check, dividend check, and a check you received from closing an account, that's three separate
categories of income in the final accounting. You must record each check separately either in your
journal or the manual record so you will have a reference as to what income type you received for
each check. This will avoid confusion in the final

Does The Language Contained Be A Qualified Domestic Trust?
I. QUESTION PRESENTED
Does the language contained in Form M allow the trust it creates to qualify under I.R.C. § 2056A as
a qualified domestic trust treatment?
II. SHORT ANSWER
Form M does not provide all of the required language needed to allow a trust to qualify for domestic
trust treatment. It is missing two important portions of language needed to allow it to fulfill the
qualification requirements contained in section 2056A and its accompanying regulations. First, it
does not designate that the laws of a particular state will govern administration or be the location of
record keeping. Secondly, the terms of the trust do not otherwise meet the requirements for the
marital deduction under section 2056. Simple changes can be made to the ... Show more content on
Helpwriting.net ...
I.R.C. § 2056(d)(1). Congress has provided an exception to this general rule in the form of a
qualified domestic trust (QDOT), which allows the property to qualify for the marital deduction if
the trust meets certain requirements. I.R.C. § 2056(d)(2)(A). For a trust to qualify for QDOT status
and the marital deduction, it must meet the seven requirements contained in the tax code and
accompanying treasury regulations. I will separately discuss each requirement below and whether
the currently language of Form M effectively fulfills that requirement.
B. Designation of U.S State for Administration and Record Keeping
The instrument creating the trust must designate that the laws of a U.S. state or the District of
Columbia will govern the administration of the trust and that the trust must be maintained under this
jurisdiction's laws. The trust records, or copies of these records, must be kept in the same state
which is designated for the administration of the trust. Treas. Reg. § 20.2056A–2(a). The language
of Form M does not specify or mention any state for the location for administration of the trust or as
a location for record keeping. To qualify under this requirement, the document should include the
following language or something similar: "This trust shall at all times be governed, construed and
administered in accordance with the laws of the [Commonwealth of Virginia or other State]."
C. Trust Must Qualify as "Ordinary Trust"
The instrument must create a trust

Estate Planning Attorney Essay
An estate planning attorney is a lawyer who specializes in helping clients get their affairs in order.
This may be driven by a mental disability or to simplify the client's affairs in case they die. Estate
planning requires more than just making a last will and testament. It is up to this attorney to help
mitigate estate taxes, create living trusts and protect the client's assets from creditors after their
death. While it costs money to hire an estate planning attorney, these lawyers can help save
thousands or millions of dollars in the future.
What Should You Look for in an Estate Planning Attorney?
Your estate planning attorney should be someone who has specialized knowledge about estate
planning. It is their job to help with health care directives, conservatorship issues, powers of
attorney and ... Show more content on Helpwriting.net ...
A proactive approach to estate planning is key to saving you and your family money over the long
run. Estate plans are designed to protect assets in the event that something happens to you. From
creating a living trust to designating a guardian, an estate plan is the best way to protect your family.
With an estate plan, you can:
Lower Your Estate Taxes
One of the most obvious reasons to create an estate plan is to lower the taxes incurred by your
beneficiaries. A lawyer can help you use techniques like living trusts to avoid or reduce estate taxes.
As a result, your beneficiaries can inherit more of your estate without sending it in as taxes.
Skip the Costs of Probate Court
In some cases, your estate plan may help your property to skip the probate process entirely.
Normally, your entire property would go through probate court for months as it is distributed
between your beneficiaries. In addition to taking time, this process can be extremely expensive.
There are ways to avoid the costs of probate court, but you would have to make a good estate plan
to do so.
Protect Your

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