Investors looking to invest in the stock market for the future are usually faced with two main options – mutual funds or individual stocks. Mutual funds are an actively managed portfolio of stocks, designed to beat the market with the assistance of a fund manager. ...
An indexed annuity is a contract issued and guaranteed by an insurance company. You invest an amount of money (premium) in return for protection against down markets, the potential for some investment growth, which is linked to an index (e.g., the S&P 500®), and in...
In this ever changing job market that we have, people are getting laid-off from their employers daily. Many people have several former employers by no fault of their. With each employer there’s some type of 401(k), or similar employer sponsored plan. So my question is,...
Call option (or "calls"): Stock options that give the buyer of the option the right, but not the obligation, to purchase stocks at the stated "strike price" by the "expiration date." When you sell a call, you assume the potential obligation to sell shares at...
Typically the agent’s authority for the AHCD becomes effective when the covered person’s primary care physician determines that they are unable to make their own health care decisions. With the document, this is typically done by have the doctor sign, on his/her letterhead that this...
The typical cost of probate is between 3-10% of the gross value of the estate. It could cost much more and take even longer in some circumstances. Costs include appraisal fees, court costs, a surety bond, legal fees, accounting fees and a personal representative (executor)...
The time it takes to probate an estate varies depending on how complicated the estate is. Things that could complicate an estate include: • Whether or not the deceased left things in order or not. If the decedent left a mess of papers, receipts, bills, tax...
The primary reason for a probate is to clarify title on property owned by the decedent. Even if there was a will, property that was owned by the decedent is part of the estate and needs to be clarified. The other reason is distribution of the...
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