What Is a Holographic Will? A holographic will is a document that is handwritten and signed by the person who is writing the will and giving the legacy. Unwitnessed, a holographic will is valid in about half the U.S. states. However, if properly witnessed, it can be valid in all […]
What Does Baptism by Fire Mean? Baptism by Fire refers to being thrown into a difficult situation with little or no preparation and surviving through wits and determination. In business, the phrase is commonly used to describe a person or employee who is learning something the hard way through great […]
Sheriff Sale Auction – What Is a Sheriff’s Sale? A sheriff sale auction or sheriff’s sale is a public auction where foreclosed or repossessed property is sold by local law enforcement. The proceeds from the sale are used to pay mortgage lenders, banks, tax collectors, and other lienholders who have financial […]
Real Estate Attorney – Do You Need One? Buying a home is often the biggest investment most individuals ever make in their lives. Usually, a real estate agent to there to help negotiate the transaction. However, you might also consider a real estate attorney to guide you through the legal […]
What Is the Fixed-Charge Coverage Ratio? The Fixed Charge Coverage Ratio measures a firm’s ability to pay its fixed charges or expenses with the income it generates before interest and income taxes. Fixed charges are business expenses that occur on a regular basis. They are independent of the volume of […]
Per Stirpes – What Does it Mean? Per Stirpes, used in a will stipulates how assets are to transfer if beneficiaries pass away before you do. It passes their share to their heirs. Per stirpes is a designation that instructs where and how your assets should be passed down in […]