By On Sep 11, 2019 Templates
Over the last decade, limited liability companies (LLCs) have become one of the most preferred forms of business entities through which to hold title to investment real estate properties. LLCs did not come into existence in the United States until 1977 when the State of Wyoming enacted special legislation to accommodate the needs of oil companies. Prior to LLCs, real estate investors seeking limited liability protection were largely limited to using corporations to acquire title—a form of entity that has potential drawbacks. Florida followed Wyomings lead a few years later by enacting its own LLC statute in 1982 and now all 50 states have enacted legislation creating some form of the LLC business structure. The insulation from personal risk exposure for real estate investors provided by LLCs, coupled with the relative ease of administration and potential tax benefits, make ownership of investment property through an LLC a very desirable option in most instances.
Most people who seek to create a will have simple estates. The average person has a home, a spouse, some bank accounts, a vehicle, some investments, and some valuable personal property. There is nothing complex or confusing. In fact, a lot of that property is probably already set up to pass without a will (a home owned as tenants by the entirety or investment accounts owned as joint tenants with right of survivorship pass without a will just by the way they are owned). If you do not complete a will, the rest of your assets are distributed according to your states intestacy law (the law that governs what happens to property that is not protected by a will or other estate plan), so it makes sense to take a few minutes to fill out a form that clarifies your wishes. If you just want to be sure all of your property gets left to your spouse or your children or grandchildren (or if you have specific items you want to give to specific people, such as jewelry or meaningful mementos), a free last will and testament is an easy way to accomplish that. The smaller your estate, the easier the case becomes for using a will template. Free will templates allow you to choose an executor who will manage your estate, as well as a guardian if you have any minor children. Writing a will template allows you to cover every single important issue that needs to be addressed to provide complete peace of mind in most situations.
A business proposal is a request by a business or individual to complete a specific job or project, to supply a service: or in some instances to be the vendor of a certain product. It is not a business plan. While you might use your business plan to help inform your business proposal when you are writing it, these documents are not one and the same. In its simplest form, a business plan is a guide for your business, a roadmap that outlines goals and details how you plan to achieve those goals. It is used to keep you on track (internal use) and to support any applications you might make when seeking investors, or when applying for commercial loans (external use). A business proposal on the other hand is used to try to attract and acquire business. It pitches your business, product, or service to a potential client, vendor, or supplier. A client, vendor, or supplier might also request a business proposal from you when trying to evaluate whether or not you are someone they want to work with, or whether or not you can provide the services or products they require. Write a good proposal and you might snag business: write a poor one, and you may lose out, even if you are offering the best service out there.
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