0
In Will 4 children inherited 40 acres of land. How do we decide to manage this farm property?
Wiki User
∙ 14y ago
take 40 divided on 4 then you get 10 im guessing you got that from a math questions book so you could awanser it like this: "Will's 4 children will get 10 each"
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
What are the importance of home management?
Home management increases your chances of having a happy life. You have to manage your finances and your children in order to be successful.
What is a trust?
A trust is a legal relationship whereby an individual (the trustor) or group of individuals transfers title to their property to a trustee. The purpose is to protect the property from creditors, relatives, any claims or liens made against the individuals, to remove property from an individual's estate, to control how the property will be distributed at death, to minimize taxes, to protect assets from a spendthrift child or beneficiary, etc. The trustee must manage the trust property, pay over the profits from and protect the property according to the terms set forth in the trust instrument. There are many types of trusts and trust law is complicated. A trust instrument should always be drafted by a professional in order to meet the needs of the trustor and meet the requirements of federal and state laws. You can read more about trusts at the link provided below.
How do they manage the corporation?
furahakaka
What are the main goal of macroeconomics?
To promote economic growth To manage unemployment to low levels To manage inflation to low levels
How did the office Administration help manage the wartime economy?
The OPA set wages and controlled inflation to help manage the wartime economy.
How do you find property management companes that manage property in suitland rd MD?
how do you find a management companies manage property in suitland md
Can the executor assign a person to supervise over property left to children in a Will?
The Will must be submitted to the probate court and the court must appoint the executor. The executor does not have the authority to appoint guardians over children or property. Generally, the court will direct that money left to children must be deposited in trust for the children until they reach eighteen years of age. If the children inherit real property the court must appoint a guardian who can manage the property on behalf of the children until they reach eighteen.
What do you called someone who is employed to manage another property?
Property Manager
What responsibilities does a property developer have?
Property developer develops a plan that includes finding investors to buy the property, decide what to build or rebuild on that property and find the contractors to complete the project. They predict how much money the new homes or businesses will bring in; developers then manage the construction and ultimately sell the project. JLM Property
Who regulates property manage?
In most states, property management companies are unregulated, unlicensed and often unmonitored.
How old do you have to be to own land in ct?
There is no age limit on ownership of real property in the United States. It is very common for children to acquire property through inheritance, gifting, through investment vehicles, etc. If you are a minor though you will likely need someone else to manage the property for you until your of legal age.
What is residental property management?
Residential property managment means the management of personal property like homes, apartment. Its involves the processes, systems and manpower required to manage property also have unique service and facility to manage residential property.
How to manage a property?
It is preferable to hire the best property management company. They help you to manage any type of properties through Condominium Management, Investor Services and Maintenance, Apartment Management, Sales & Leasing etc.
When do litigants in a divorce go to court?
Litigants in a divorce go to court if they cannot agree on how to divide or manage their property, money, and children. If litigants file a Joint Petition, the court will concur with the litigants agreement.
What is the grantor of a trust?
The grantor of a trust is the owner of property who transfers that property to the trustee of the trust. The grantor no longer owns the property. Once transferred the property is owned by the trust and the trustee has the authority to manage the property according to the provisions of the trust.
How do you manage destructive children in the classroom?
If you want to manage destructive children bribe them a little. Like if they destroy something than they can't check a book out from the school library or something like that.
Can a child have the rights to their parents' property if in jail?
Generally, being incarcerated does not take away a person's property rights. However, if there is a mortgage to pay, property taxes, insurance and utility bills, the property could be lost for non-payment. If you are dwelling in the property and paying for the upkeep and maintenance, then you should request your parent transfer ownership to you. If you need to manage the property for your parent then he/she must execute a Power of Attorney that names you as the attorney-in-fact. That would give you the authority to stand in for your parent, sign your parent's name and manage the property. The parent could also transfer ownership to the children if he/she will be incarcerated for a long time. The situation changes when a parent is found criminally responsible for the death of the other parent. In that case the incarcerated parent's right to any marital property is wiped out and title passes to the children. You should seek the advice of an attorney in your area who could review your situation and determine what your rights and options are.
