Person who will become the beneficiary if the original beneficiary dies before the insured. It is the policyholder's second election as beneficiary, dependent on the status of the primary beneficiary.
(1) Estimating all income and expenses for an accounting period. (2) Financial forecasting, planning, and controlling. It involves using a budget to set and accomplish short-term objectives ...
As the term “servient” comes from the root word “serve” and to serve means to perform a duty or a service for another entity, its meaning is easy to define. The term ...
Term given to two depreciation systems defined by the Internal Revenue Service:
The main system is called the General Depreciation System (GDS). Under GDS, most property is assigned to ...
Upon satisfaction of a mortgage or other debt payments, the deed releases property, or a portion of it, form the incumbrance. Often it is used in circumstances where a deed of trust is ...
A correlation defines how two variables relate to one another. We can confirm a correlation if an alteration in one variable can change the other’s behavior. Using quantifiable data ...
Ever since prehistoric times, surveying has been one of the most important acts conducted prior to the construction of any type of structure. If ever wondered what are the steps you need to ...
Clermont Florida is well known for its beautiful suburban neighborhoods and its high population of “snowbirds”, wealthy retirees from the northern US who spend their winters in ...
When you think of Orlando, Florida, first, the theme parks pop into your head, such as Universal Studios and Disney World. Did you know that 60 million visitors visit Orlando’s most ...
The grand capital of the U.S. is reducing their crime rates as the years go by. With renovations happening in every neighborhood and an economy that has been growing over the past few ...
The city of Fort Myers is a southwestern city in the state of Florida, that holds a population of about 75,000 people. This city allows people here to enjoy a calm and peaceful environment, ...
Many retirees look to Florida in general when thinking of peaceful years of retirement and in Florida, The Villages seems to attract more elders than any other place. Located in central ...
Not only can homeowners associations impose pet restrictions but almost 100% of them do.
Here’s the thing: the job of a homeowners associations or HOA is to look at the big ...
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