Escheat refers to the legal process by which unclaimed or abandoned property reverts to the state when the rightful owner cannot be located. In California, the state has specific laws governing escheat, which apply to various types of property, including financial...
Die with Zero: Getting All You Can from Your Money and Your Life by Bill Perkins
"Die with Zero" by Bill Perkins In Die with Zero: Getting All You Can from Your Money and Your Life, Bill Perkins challenges conventional wisdom about saving and spending. He urges readers to rethink how they allocate their time and money throughout their lives. The...
The Influence of Broad Indices on Market Perception and Investment Understanding
In the world of finance and investing, broad indices play a pivotal role in shaping perceptions of market trends and influencing investment decisions. These indices, such as the S&P 500, Dow Jones Industrial Average, or global real estate indices, provide a...
What Is and Is Not a Grantor Trust
Grantor trusts and other trusts differ primarily in terms of who holds the tax liability and control Grantor trusts offer more flexibility and control to the grantor but may not provide the same level of asset protection or estate tax benefits as other types of...
How to Make an Equity Sale an Asset Sale for Tax Purposes
When a corporate business is sold, it can be structured as either an equity sale or an asset sale. Typically, a corporate business sale is structured as an asset sale because of existing contracts and licenses that must remain with the company, requiring the buyer to...
A Summary of Real Estate Risk-Mitigating Strategies
1. Market Risk: Market risk in real estate investing refers to the potential for financial loss or reduced returns due to fluctuations in the real estate market. Mitigate market risk by keeping up-to-date with market trends, economic forecasts, and changes in local...