Description : My brother just passed away in Albuquerque, New Mexico, he did not have any real property (real estate) he did own his vehicle and tools. His total amount of assests is around $30,000 and that might be high. Do I have to go through probate. ?
Last Answer : Yes because you need to transfer the property to be able to sell it.
Description : Gross National Product at market prices of an economy is ₹ 65 , 000 crores . The capital stock of the economy is valued at ₹ 1, 20 , 000 crores , whic
Last Answer : Gross National Product at market prices of an economy is ₹ 65 , 000 crores . The capital ... 000 crores . Estimate National Income of the economy.
Description : In case the balance was above one lac in deceased depositor account___ is necessary a) Witness of responsible person b) Thumb impression of the deceased person c) Succession certificate or Probate of will or letter of administration d) All the above
Last Answer : c) Succession certificate or Probate of will or letter of administration
Description : Closing stock is valued at A. Cost B. Market value C. Cost or market price whichever is lower D. None of the above
Last Answer : C. Cost or market price whichever is lower
Description : If your spouse dies...but you had a mortgage together...do mortgage companies have anything to help you out with payments?
Last Answer : Uhmmm, no.You may be able to negotiate to extend the term or change interest rate, but that is not automatic.
Description : Kirti Co’s Balance Sheet shows Fixed Asset Rs. 3,60,000. At the time of absorption calculation of Net Assets is 10% less than the market value, then market value of such fixed assets is ............ (A) Rs. 3,24,000 (B) Rs. 4,00,000 (C) Rs. 4,20,000 (D) None of these
Last Answer : (B) Rs. 4,00,000
Description : if i have a loan at simple intrest of 16.99% and i wanted to pay off the loan in cash today would i still have to pay 11,000 or would a large amount of the intrest fall off just like a mortgage. citi finance tells me intrest payoff and cash payoff equa?
Last Answer : This link shows all shelter in Texas. http://www.homelessshelterdirectory.org/texas.html
Description : In state of Virginia, when a widow dies does her will have to go thru probate There are three children (adults).?
Last Answer : Yes, it will have to go thru probate. This happens at the county court offices
Description : Closing Stock is valued at cost or market price whichever is more.
Last Answer : State True or False with reason : Closing Stock is valued at cost or market price whichever is more.
Description : Closing stock is always valued at cost or market price which is ___________
Last Answer : Closing stock is always valued at cost or market price which is ___________ (a) more (b) less (c) zero (d) equal
Description : At what price the stock is valued under conventional method ? (A) At cost price (B) At market price (C) At cost price or market price whichever is lower (D) At cost price or market price whichever is higher
Last Answer : Answer: At cost price or market price whichever is lower
Description : What would you do if your spouse went out and purchased an 8,000 tv without your permission and you came home from work and it was hanging on your wall?
Last Answer : Depends on how much of our budget 8k is, and how much I spend without consulting him and how we had decided to handle finances…
Description : The balance appearing in the books of a company at the end of year were CRR A/c Rs. 50,000, Security Premium Rs. 5,000, Revaluation Reserve Rs. 20,000, P & L A/c (Dr) Rs. 10,000. Maximum amount available for distribution of ... will be- (A) Rs. 50,000 (B) Rs. 55,000 (C) Rs. 45,000 (D) Rs. 57,000
Last Answer : Answer: Rs. 55,000
Description : The summarized balance sheet of Rakesh udyog Limited shows the balances of previous and current year of provision for taxation Rs. 50,000 and Rs. 65,000. If taxed paid during the current year amounted to Rs. 70,000 then amount charge ... a) Rs. 55,000 (b) Rs. 85,000 (c) Rs. 45,000 (d) Rs. 1,85,000
Last Answer : (b) Rs. 85,000
Description : When an ARM (adjustable rate mortgage) adjusts, does only the interest rate change, or is the balance re-amortized for the remaining period?
Last Answer : ARMs reamortize out to the original length of the contract on the adjustment date. If you make extra principal payments the monthly payments will be reduced to maintain the same maturity date. I knocked over $100 off my monthly payment in the first five years of my mortgage by making extra payments.
Description : Which of the following is a non-current liability a) Mortgage loan b) Bank balance c) Outstanding salary d) None of these
Last Answer : a) Mortgage loan
Description : If diamonds are valued by the 4 C's (cut, carat, clarity, color), what is the value of a diamond that is used in jewelry in an uncut state?
Last Answer : Before they are cut (and even after to be honest) the value is based on the amount of chemical impurities in the diamond. The more pure the diamond the higher the value. A type IIa (the ... ) accounts for less than 2% of all diamonds. They are also considerably harder than other types of diamond.
Description : According to the Accounting Standard (AS)-2, the inventory is to be valued at which one of the following ? (A) Actual cost or sales value, whichever is lower (B) Historical cost (C) Net realizable value (D) Historical cost or net realizable value, whichever is lower
Last Answer : Answer: Historical cost or net realizable value, whichever is lower
Description : Ordinary postage stamps, coins and other articles of valued found in letter boxes or on a counter the action taken by postmaster is a) When ordinary stamp are found in letter box will have been ... articles mentioned above the refund value should be submitted for order of HOD. e) All the above
Last Answer : e) All the above
Description : During a merger and acquisition transaction, the ability to find and use good comparable data for a valuation is relatively ____________. a) easy because each successful company within an industry ... depth, product diversity and access to lines of credit seldom match the company being valued
Last Answer : d) difficult because size differential, management depth, product diversity and access to lines of credit seldom match the company being valued
Description : what type of grant would help to pay off about $35,000 mortgage loan for senior citizens?
Last Answer : what type of grant would help to pay off a mortgage of about $35,000 loan for senioir citizens?
Description : Are there any home mortgage help plans for those on a low income, less than 25,000.?
Last Answer : Plans are based on credit and current debt. You should be able to apply for a grant if you are a first time home buyer. Talk to your local bank.
Description : I want someone to contact me to let me know what my options are for a high risk mortgage on a 195.000 home thx?
Last Answer : Ken Duong can counsil you on mortgage 3746 de Mentana, Montreal, QC H2L 3R3, Canada - (514) 802-8917
Description : From the information given below, calculate Debt service coverage Ratio- Net profit after interest and Tax Rs. 40,000, Depreciation Rs. 5,000, Rate of Income Tax 50%, 10% Mortgage Debentures Rs. 60,000. Fixed Interest Charges Rs. 6 ... . (A) 4 06 times (B) 5 06 times (C) 6 06 times (D) 7 06 times
Last Answer : Answer: 4•06 times
Description : An excavator costs Rs. 20,00,000 and has an estimated life of 8 years. It has no salvage value at the end of 8 years. The book value of the excavator at the end of 3 years using general double declining balance method is (A) Rs. 8,43,750 (B) Rs. 8,75,000 (C) Rs. 10,50,000 (D) Rs. 11,56,250
Last Answer : (A) Rs. 8,43,750
Description : How do military parents prepare for deployment mentally in saying goodbye to their children and spouse?
Last Answer : Truthfully speaking, I don't think I could. I would go in his stead rather than have him face a deployment. I think battles would be much shorter if they sent we old guys out instead of young bucks. First, ... we aren't afraid to fight dirty. third, we would have to take a break at 2pm for our naps.
Description : Parents of grown step children, how do you handle it when the kids are disrespectful to your spouse?
Last Answer : answer:My adult step children and their father (my former husband) have had serious ups and downs over the years but they talk about it. If my ex has or had issues, he dealt with them. I stayed ... , primarily because they grew up and had families of their own. I'm not sure how helpful this is.
Description : What are some practical steps I can take to keep a separated spouse from harassing myself and my children?
Last Answer : You need to seek legal counsel. This is way too serious an issue to approach casually.
Description : I am 1 of 4 children who's mother died and left no will, to our knowledge. Her surviving spouse has cut off all communication with us, and we have not received any of the personal items he said we were to receive, including contents of a safety deposit bo?
Last Answer : Seek legal counsel.
Description : ______ is a privilege of credit card offered to the family members i.e. spouse, parents or children above 18 years of age of the primary credit card holder. (a) Add- plus card b) Add on card c) both)
Last Answer : b) Add on card
Description : Can my spouse and I get a divorce in Illinois but still live in the same house?
Last Answer : answer:I’m wondering why a divorce is even necessary? Many people simply take separate bedrooms, yet still continue to keep the married benefits of taxes, insurance, and such. I can’t imagine a law that says divorced people have to live in separate houses, but I’m not a lawyer.
Description : how do i find out if a will has probate yet?
Last Answer : You have to speak to the lawyer who drew up the will.
Description : Probate question. See inside.
Last Answer : You need to get an attorney right away. It depends on the terms of the trust. How did your cousin access it? What were the terms if your mother was dead?
Description : What is the name of the document (authority) that a court issues to a personal representative (executor) in an intestate probate proceeding?
Last Answer : Do you mean “power of attorney”? Or you may find the answer in this article—one term mentioned is “probate of heirship”
Description : how to tell when probate is over
Last Answer : Need Answer
Description : how and when to file probate?
Last Answer : Usually your state law would determine if you had too. Normally you will need to and the time depends on the law in your state and is thirty days in a lot of places. call you probate court...they will be able to help you.
Description : does property need to be deeded into a family trust in order to avoid probate
Last Answer : Yes, I was told so. If you are concerned about the probate cost, that varies by state.
Description : What is California cap or limit for legal fee for probate?
Last Answer : what is the limit a lawyer can charge in California forprobate
Description : Do you have to go through probate in Connecticut?
Last Answer : If the decedent was the sole owner any property such as realestate or bank accounts then the estate must be probated.
Description : How to Understand Probate?
Last Answer : Probate is a legal term and a process. The term refers to the actions by a court to prove what the final wishes of a decedent are and who their legal heirs are. The process is the ... are valid and lawful.Certain probate procedures must be followed when an estate passes into that court's j
Description : Where can I find information on Michigan probate law?
Last Answer : Your state Bar Association Website is always a great resource for law related questions. I have included a link to the Michigan Bar Association page that addresses Probate ... ://www.legislature.mi.gov/%28S%28vam5jxjmtjnbzsfkv0jlh53k%29%29/mileg.aspx?page=GetObject&objectname=mcl-chapters-701-713)
Description : What is the probate law?
Last Answer : Probate law has to do with the legal distribution of the estate of a diseased person. Probate court can be avoided by having a living trust, or a will, that specifies who the recipients of the estate will be.
Description : Does every estate have the need for a probate lawyer?
Last Answer : No not every estate needs one. If the size of the estate is very modest and no one will contest it because it it straightforward then the matter can be handled in probate court where the judge ... challenged by someone then by all means get an attorney. He may save you years of legal nightmare.
Description : What is a typical fee charged by a lawyer handling a probate?
Last Answer : The cost of hiring a probate lawyer varies throughout the United States. The average cost of hiring a lawyer for a standard estate is $1,500 as a national average.
Description : How do I get my probate money?
Last Answer : Your inharitance money needs to go through probate to be sure no one else has claims to it. Probate will run it's course quickly if there is a will. If you are having issues getting your probate money ... States. By using this site, you will be able to find the best probate attorney in your area.
Description : Do we have to go to probate court if a will is uncontested?
Last Answer : The executor of the estate submits the will to probate court if it is necessary to do so. It is only necessary when there is a large estate, many heirs, outstanding debts, or a possibility if ... go to probate court. The process is faster though and you will be put on the uncontested docket.
Description : If I need the money for medical bills, is it possible to get a probate cash advance on my inheritance?
Last Answer : For Heirs of a Probate who need advance cash on their Inheritance now, rather than waiting for the Estate in Probate to close, Heir Advance Company offers you an immediate Probate Loan, or Inheritance cash advance solution.
Description : What is the job description for a probate attorney?
Last Answer : A probate attorney advises and helps in the probate process. This includes management of estates, securing life insurance payouts, details of appropriate retirement plans, et cetera.
Description : What types of fees are associated with getting a cash advance on my inheritance while it is still in probate?
Last Answer : For Heirs Who Want Advance Inheritance Cash Quickly & Securely: Probate Cash ... form of a house and property only, with no cash, can we still apply for a Probate Loan? ... What court fees and ... with Probate? .... The inheritance advance took my focus off money. Instead of getting further ...
Description : Is ther a time limit on how long probate will last with an uncontested will?
Last Answer : It usually has to stay open for 6 months.