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What else can I help you with?
What is a good faith violation in a margin account and how can investors avoid it?
A good faith violation in a margin account occurs when an investor sells a security purchased with unsettled funds before the funds have fully settled. To avoid this violation, investors should wait for funds to settle before selling securities purchased with those funds.
Are the funds in your irrevocable trust funds safe from the financial crisis?
It depends on where the funds are invested. Banks have FDIC insurance up to certain levels. Otherwise, stocks, mutual funds and so on depend on the market value. You will always have the number of shares you started with. Wait it out and the value will come back--selling at a low price may be shortsighted. However, it is always your choice.
Should the adult child of a decease parent continue to pay the mortgage while the will is in probate or does he need to wait until executor of the estate has been legally declared?
You should seek the advice of the attorney who is handling the estate.
When are scottrade funds settled after making a trade?
Scottrade funds as well as funds at any other brokerage settle three days after the trade date. A trade placed on Monday settles Thursday before the markets open. Most brokerages including Scottrade allow you to trade with unsettled funds but cash distributions must wait until settlement of the trade unless you are using margin.
How long do you have to wait before inheritance can be collected?
It varies greatly based on the size of the estate and the number of assets. A small estate can be resolved in less than 6 months. There are very large estates that are still in probate after several decades.
How long after death does an executor have to wait for medical bills before dispersing funds?
He has to advertise for at least 90 days. And he has to contact the hospital directly to inquire about outstanding debts.
After probate has been granted do you have to wait for the property to be sold before you can distribute any money from the deceased bank account to beneficiaries?
In the UK: No. If you are confident no claims will be made against the estate and or you have waited the statutory period before distribution then you can make an interim distribution. It is wise to hold some funds back however in case the house does not sell for a long period of time and estate funds are needed for repairs
What is a great tagline for Real Estate?
"Don't wait to buy Real Estate! Buy Real Estate and wait!" "Buy Land, They're not making it anymore" "He is not a full men who does not own a piece of land" "You are not buying a house, you are buying a lifestyle"
When settling an estate do you have to wait for everything to sell before getting money or do you get funds as they come in?
you must wait until the house sells, and all bank accounts are accounted for, life insurance, and other earnings the deceased may have had. money is not dispersed as it comes in because nobody knows the amount of the estate yet, estate taxes have to be paid first. and if the deceased had unpaid bills, loans, ect. then all that has to be satisfied. once all those things are done, and there are no surprises. then you will receive a letter from the probate court telling you how much all the heirs will be receiving. if there is money left after bills, funeral costs, or unpaid bills. all this can take anywhere from 2weeks to literally years. so hope it all goes fast for you...it should go smoothly as long as there are no objections from other heirs.
After a person dies with a will and the estate is probated how long does the executor have to wait until assets are distributed to the beneficiaries?
They have to wait until the debts are settled. That may be as short as about 4 months. It can take years on a really complex estate.
Is the real estate prep course the same everywhere?
Tennessee and Illinois do not have real estate licensing reciprocity. You must wait until after your move.
How long do you have to wait for your inheritance in California?
A complex estate can take many years to sort out and distribute. In California there is no set time frame for closing an estate.
How long until an estate settlement is permanent?
if you have five sisters and you have a estate of mom & dad after they die and all the stuff gets sold how long do you have to wait for your share
Are there any unwanted WolfQuest accounts since I want one so bad without the wait?
...no
What can you do if the executor won't settle my moms estate?
Usually there are steps to be followed before the estate is finally settled. Depending on the state, there is an ending date, which might be a year later. There is also an extended period of time for bills to be presented to the estate for payment. The thing to do is to wait, offer any help or documentation if you have it, and wait some more until the estate is settled. Becoming an issue with the executor certainly will not speed things up.
How long does it take to divide the estate among heirs?
This depends on the estate, the jurisdiction (what state) and the executor. In my mother's estate, there were three releases sent to the heirs. The final release had to wait for the "Tax audit release" proving that the Canadian feds weren't going to audit her taxes. That took sixteen months. But the executor cut the first check at just under two weeks. Officially nothing should be distributed until the tax people are finished. The executor might have to make up the lost funds to the government.
What is a good faith violation in a margin account and how can investors avoid it?
A good faith violation in a margin account occurs when an investor sells a security purchased with unsettled funds before the funds have fully settled. To avoid this violation, investors should wait for funds to settle before selling securities purchased with those funds.
