Although more than one type of will exists, not all of the fifty states accept them as legally binding or valid. Nuncupative wills are quite possibly the least recognized type of will. The guidelines given by the states severely limit the right to make such an agreement as well as the amount and disposition of property that can be orchestrated within such an agreement.
What Are Nuncupative Wills?
Oral or spoken wills are referred to as nuncupative wills. The individual creating the will, ...
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Law
Although most are aware of the significance and the benefits wills entail, according to a study conducted by the AARP, more than 40% of Americans above the age of 45 don't have a will. Younger people are even more unlikely to have wills. A few likely reasons for that may include:
· The mystification of writing a will - people shy away from it fearing a task as "complicated" as drafting a will, as the legal establishments have people believe, should not be attempted by novices.
· ...
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Law
In your small business debt collection laws will eventually
become important, as your debt grows and some clients do not pay.
To collect small business debts legally, you must first send a
written notice that collections have begun, within five days of
first contacting the debtor for collections (for instance,
within five days of calling on the telephone). The letter must
include dispute instructions.
Small Business Debt Collection Laws Forbidden Practices
* Collect any amount beyond the actual ...
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Business
One of life's exciting challenges is deciding on what type of
home ownership fits best. First time buyers are often trying to
decide on a single-family starter house, townhouse or a condo?
Other existing homeowners decide they are tired of maintaining
their house and yearn for someone else to do the upkeep allowing
plenty of time to explore their interests. Yet others may be
quite happy with their existing house but have their eye on a
well-deserved vacation condo on the beach, waterfront or ...
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Business
Fundamentals of Selling A Business - Preparation
Business owners invest much time and effort into their
businesses, and most arrive at the hard decision to sell their
businesses at some point in time. There are various reasons for
selling a business, and although each circumstance is unique,
most owners have similar incentives and concerns. It is an
emotional and difficult process, and the most advantageous deal
is achieved by understanding the steps and factors that
determine the best time to ...
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Business
Most corporations of any size and scale have large investments
in the land and facilities necessary for the successful
operation of their business. While making corporate investments
into real estate assets may seem to be a reasonable strategy at
first glance, they are rarely investment or capital driven
decisions, but rather operating decisions that in retrospect
usually fail to maximize the leverage and value of their land
and facilities beyond what is typically provided for ...
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Business
You have probably accomplished a great deal with your life. Over
the years you have worked, planned and saved. Perhaps you have
even made some sacrifices to achieve your current level of
success. It's a sure bet that you will want to pass along your
accumulated assets rather than hand them over for court costs,
taxes or attorney fees.
Estate planning is the relatively simple process by which you
prepare legal documents outlining your wishes for your estate
upon your death. It can be difficult ...
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Finance
Every medical and dental practice has to deal with patients who
do not pay. If it doesn't deal with such patients, the costs
will simply be passed on to other patients--or the practice may
simply suffer or fold. Yet the very real dental and medical
collections legal issues mean you should think carefully before
reminding your patients to pay up.
In the end, you may very well be better off outsourcing your
medical or dental accounts receivables to one of the new medical
and dental collection ...
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Business
Having a successful business means also having a good working
relationship with your employees, and nothing more makes it sour
than having problems with the payroll. You can't expect them to
work gratis, employees expect to be paid and compensated fairly.
If this is done, the working environment will be pleasant and
the employees will be more productive. Many company's experience
labor problems because they don't have a smooth payroll system.
If that is the case, many complaints will arise. ...
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Business
Big Yawn
When you first read basic material about real estate, you might
ask yourself, "great, but how is all this going to help make me
rich?" The answer is: if you want to get rich in real estate,
you have to understand what you are buying; if you know more
than the other guy, you can find properties that he can not, and
you can take command at the negotiating table. This is not a
bunch of academic theory - you need to know this stuff if you
really want to become a successful real estate ...
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Business
