Our statutory reserves and surplus are 25.4 times the 5-year average claim payments, placing Old Republic Title in a position that is superior to all the national underwriting families. The title industry would have to add $3.3 billion in additional surplus and reserves to be as strong as ours.
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SVP Chief Revenue Officer | National Title Agency Solutions| National Origination | Servicing & Default | Home Equity | National Closings | e-Mortgage | Digital
In this real estate environment your title partners financial strength matters. We are leading the pack.
Our statutory reserves and surplus are 25.4 times the 5-year average claim payments, placing Old Republic Title in a position that is superior to all the national underwriting families. The title industry would have to add $3.3 billion in additional surplus and reserves to be as strong as ours.
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There are three main purposes of a QTIP. A QTIP trust provides income for a surviving spouse while preserving any remaining inheritance for other chosen beneficiaries. In the cases of high net worth, a QTIP trust can reduce estate taxes. The third purpose is to provide certainty through the irrevocable nature of the trust.
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Many probate estates in the UK are delayed because the money is not available to pay inheritance tax. The money is sometimes locked in the estate, maybe in a property, but the property can’t be sold before the inheritance tax is paid. It’s a classic chicken and egg situation! There is however a solution that differs from the traditional loan because there is no personal liability, no credit checks, no monthly repayments and the loan is eventually paid form the proceeds of the estate: https://bit.ly/41XkBJr #probate #freeprobateadvice #probatefinance #probateloan #IHT #InheritanceTax
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Calls from creditors can be stressful and mentally taxing. 📞 Luckily, you can put an end to the creditor calls by filing a Consumer Proposal in Alberta. A Consumer Proposal, once it has been accepted by a majority of the creditors, legally binds you and your creditors into a renegotiated debt repayment plan that allows you to eliminate your debts by making a monthly payment you can afford without interest. Learn more about Consumer Proposals and schedule a free consultation with one of our Licensed Insolvency Trustees: https://lnkd.in/gtJrfHbn #Faber #ConsumerProposal
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Great advice for where you have been assessed and are outside the appeals period (generally 90 days after the date on the notice of assessment or 1 year and 90 days in special circumstances). However, if you're within the appeal period, don't assume the CRA has gotten your assessment correct. Take a free consultation with a tax professional knowledgeable in your particular tax issue/s and get their opinion on the likelihood of a successful appeal. Remember ZheroTax is a marketplace of former CRA auditors, appeals and rulings officers who are experts in both the tax and navigating the CRA and will offer to take your appeal on contingency if they believe they will win it.
Money Matters: Dealing with Canada Revenue Agency debt
msn.com
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All Canadian taxpayers (individuals, corporations and trusts) who own certain foreign income producing property with a cumulative cost in excess of $100,000 must file a T1135 or face heavy penalties. See who needs to file a T1135 and what foreign property must be reported here: https://rb.gy/5jr064 #WealthPlanning #T1135 #ForeignProperty #T1135
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Director - Indirect Taxes @ Manohar Chowdhry & Associates | Certified Product Manager from ISB | Co-opted Member at Institute of Cost Accountants of India for Indirect Tax Committee for 2023-24
#one of the #burning topics in #gst is #itc. The #current #provisions are very clear and the #courts are also #reading the #provisions and #judgements are #passed. This #judgement again brings the #fact that #gst is a #businessreform n not a #taxreform. The #judgement talks about #indemnity clause n #buyer availing #refund is #supplier pays #subsequently. The #positive side of the #judgement is now the taxpayers can #claim #refund #application if the #itc is #rejected on #delayed #filing #gst #caselawupdate #happylearning Manohar Chowdhry & Associates, Chartered Accountants KSB Subramanyam eswar teja
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INFOGRAPHIC: Should you wait and pay down debt first?
Quitclaim Deeds 101
https://ace.rismedia.com
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Have you heard of the 'Nil Rate Band'? 📝 The Nil Rate Band is the amount of an estate that can be passed on to beneficiaries free from inheritance tax after death. 📝 There are many options when considering the approach to this subject and it's mostly dependent on your circumstances and the values involved in your estate. 📝 The current Nil Rate Band exemption is up to £325,000. Find out more and read the full article now: https://lnkd.in/eGRr9PSa #Wills #FuturePlanning #Probate #Trusts #WillsProbateTrusts #MakeAWill #NilRateBand
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