Barbados Property Management is basically a service by which your Barbados property will be managed completely on your behalf. The best Barbados Property Management offers personalized services for your convenience. Considering your options, a good Barbados Property management company could offer a one-size-fits-all cookie- cutter approach for your business. The goal of your Barbados Property Management services company is to bring out the best potential of your Barbados property, lessening running costs, while allowing both potential tenants and the owners alike to get the best out of the property.
What exactly is this management service need to do on your behalf? Your Barbados Property Management service could start the process of management by conducting an in-depth analysis of the type of property you have and what its needs are. Examples of specific needs are what kind of septic system would be best for your property, as well as how your garden should look like. For some Barbados Property Management service companies, this is a free part of their service so you may want to consider that, though free does not automatically mean better or best service.
Further, the Barbados Property Management service could prepare a detailed proposal concerning how property management should be done for your property, what requirements you have, and how much the property management package should it cost. For instance, if your property management plan involves hiring gardeners to maintain the grounds of your property so the Barbados Property Management company has to come up with an estimate of how much periodic gardening would cost and how long this would take to be completed.
Hiring a Barbados Financial Management services involves managing the insurance and the accounting services. Therefore, it’s important for you to consider such features or services of the Barbados Financial Management company you’ll hire.
Getting appropriate Barbados Property Management services is sometimes very important for those property owners who may be shuttling from the Caribbean to other countries often, or may be absent for long periods of time from their Barbados property. It is also important for your property to be managed appropriately so that you are able to optimize the value of your property. Some properties also have high maintenance amenities like swimming pools, tennis courts, and gardens which need constant attention. If you cannot be around to manage your property, then Barbados Property Management may be best the solutions for you.
To track down which Barbados Property Management companies are reputable and deliver on their promises, asking around is one of your best ways of researching for the reputable management company. Check for online information or try to ask around in Barbados personally. Maybe you have run into some Barbados property owners at some community event so you can always probe who does their property management. This is a good way to get referrals to a short list of Barbados Property Management companies that others have already tried out. Remember, word of mouth through referral is sometimes the most effective and cheap ways of looking around. You can think of your predecessor clients who have done the initial testing for you. Realize the results of predecessors’ experience before you approve or hire the property management company.
Archive for March, 2009
Internet: the Best Place to Find Commercial Real Estate Listings
Monday, March 30th, 2009If you want to buy commercial properties then one of the best mediums available to look for a property of your choice is the Internet. Whether you wish to buy a shop, show room, an office or an office building, there is an availability of wide commercial real estate listings online.
The kinds of properties available listed in commercial real estate listings include retail, industrial, R&D and flex. There are also sections on commercial real estate property on lease and commercial real estate property on sale, including properties like office space, executive suites, vacant land, mixed use, medical office and investment properties.
The commercial real estate listings online include detailed information on the available properties, such as details on the physical status of the property, information about its neighborhood, estimated cost, the person to be contacted and information on the real estate broker who is dealing with the property.
One of the best features is that these listings are available for free and one can search for the best property available as per the requirements and preferences. All you have to do is to enter the type and size of properties you are looking for and select the best one out of the search results. The commercial real estate listings online are regularly updated thereby providing latest information on the commercial real estate properties available.
If you are not able to figure out which would be the right kind of commercial property suitable for your business purpose, there are services of professional real estate broker available that can make your efforts easier. One can search for the right kind of a real estate agent through the availability of real estate broker listing online. The real estate broker listing offered online provides brokers as per specialization in the types of properties. Being expert in the field, the real estate agent will make your selection simpler perfectly matching your needs.
If you also confused to decide what size of shop or office will be right for your business meeting your budget then the services of real estate agent available via real estate broker listing would serve your purpose the best.
Shopping For Arnold Real Estate
Monday, March 30th, 2009Do you want to buy Arnold real estate but you aren’t sure where to turn for help? There are many homes in the area that may interest you, but if you aren’t all that familiar with the real estate business, you may not be sure how to get started or where to find these homes. It is true that the average person can feel very lost when it comes to finding a new home. If you have decided that you would like to buy in the area you have done enough, now you simply need to find someone to help guide you through the process. No need to get frustrated or overwhelmed, instead there are a couple of tools you can put to work for you so that you can find the type of homes you are interested in buying and living in.
The first tool that you might want to look into is MLS. This is short for multiple listing service, and it features all of the properties that are for sale in any given area. When you are searching for Arnold real estate, you can simply search for all of the homes in this area that fit your needs. The search tool allows for you to input all of your needs such as number of bedrooms, bathrooms, etc. so you only see search results that meet your needs. This is a fast and easy way to get an idea of what homes are on the market right now, and you don’t even need anyone to help you do this. You can simply get online and look for yourself to see what is there. If you see something you like, then you can take the next step, or you can simply keep looking until you find some homes that pique your interest.
When you find some Arnold real estate that you find interesting, the next thing you may want to do is seek the services of a real estate agent. A real estate agent can help first by showing you the home or homes you are interested in seeing in person. If you find that you really like one, the Realtor® can help you write up an offer. If you visit all of the homes that seemed interesting and you didn’t quite like any of them enough to buy, the sales professional may be able to find some comparable homes that you didn’t notice on the MLS or weren’t yet listed. In short, a Realtor® can really help you get things going in the right direction because he or she will be familiar with the market and, once you are able to talk to them about what you are looking for, they can match your needs with their knowledge of what is on the market to find you the perfect home.
If you would like an Arnold real estate professional to help guide you through the process of finding and buying a home, you might want to log onto the Prudential California Realty website. This website will give you access to all of the homes that are available in the area, and the realtors that are affiliated with the website can help you find and purchase the perfect home for you! Visit http://www.pcr1.com anytime to start looking for that new home and get in touch with a truly knowledgeable Realtor® today.
The Top 10 Reasons to Hire a Residential Property Management Company
Saturday, March 28th, 2009Copyright (c) 2008 Michel Lautensack
Owning rental property can be an overwhelming experience for both new owners and longtime investment veterans. Fortunately, that’s why help is available in the form of a professional pResidential Property Management company. But is this the right decision for you? Here are the top 10 reasons to consider why you should hire a residential property management company and how the benefits far outweigh the costs.
1) Rent Collection: A professional residential property management company (“PM’s”) have systems and strategies to improve rent collection and on-time rent payments. This allows you to ensure swift and consistent rent collection. Quick and consistent rent collection is absolutely critical in this real estate market where good cash flow can mean the difference between success and failure as a real estate investor.
2) Local Knowledge of Rental Rates: PM’s have extensive local knowledge of rents and the ability to determine the highest rental rate possible for your property. With the internet and the ability to do large scale searches for rental properties, potential tenants know if your property is overpriced, even by $25. Overpriced properties sit empty while other properties get rented. Knowledge of rental rates is a key factor to fast rentals and quick cash flow.
3) Tenant Screening: A PM requires a detailed written application from each adult with photo identification. Additionally, PM’s will run criminal, social security and public notice (bankruptcy or judgments) searches to determine if the application is accurate. PM’s will also call past and present employers, landlords and other references. PM’s have set requirements and standards for accepting or declining an applicant and thereby ensuring you comply with fair housing rules and other local and state regulations.
4) Marketing Expertise: PM’s have years of experience in how to best market your properties so they are rented in the quickest time possible. PM’s use both offline and online marketing to maximize your properties’ exposure and find qualified tenants quicker. Most PM’s utilizes 10, 20 or even 30 different techniques to rent a property quickly which reduces your carrying cost of a vacant property.
5) Property Law and Regulations: PM’s have extensive and up-to-date knowledge of property laws and regulations and will assist you in making sure you are in compliance with your local, state and federal rules and regulations. These rules and regulations include complying with fair housing regulations, the Americans with Disabilities Act and other applicable local, state and federal laws. Avoiding one law suit will more than pay for any PM’s fees many times over.
6) Tested and Reliable Professionals: residential property management company’s will already have vetted numerous vendors, suppliers and contractors to make sure they provided good quality work at reasonable prices. Failure to properly vet these professionals can be a costly mistake. Many Owners overlook this function because they do not know how to do it or because it is a time consuming and laborious process.
7) Inspection Reports: PM’s perform property inspections before, during and after a tenancy. Additionally, most PM’s will perform routine property inspections at least every 180 days. Your PM should be responsible for preparing frequent written inspection reports for each of your properties. Faults in your property that are found quickly can be resolved before they become expensive items of disrepair.
Financial Records and Security Deposit Escrows: PM’s will provide detailed income and expenses reports as well as cash statements every month saving you the bookkeeping headache. Additionally, PM’s will also manage your security deposit escrow funds and make sure you are in compliance with local and state regulations. PM’s will provide end-of-year tax reports for your accountant or financial advisor.
9) Emergency Calls and Shield You From Tenants: A residential property management company will shield you from emergency maintenance calls and tenant headaches. Imagine never having to deal with late night “my toilet is overflowing” call.
10) Low Costs: A PM should only be charging around 6% to 10% of the monthly rent collected. Assuming a monthly rental rate of $1200 per month that is a fee of $72 to $120 per month. This is less than $4 per day! Can you possible do all these things for less than $4 per day?
11) Bonus Reason! FREE TIME: A good residential property management company will free up your time for doing deals that make money. I mean serious money as opposed to dealing with non-money producing activities like tenant and property management.
7 Reasons to Use a Real Estate Agent
Saturday, March 28th, 2009Some people choose to use a real estate agent and some people choose to go it alone. One thing I have noticed over the years is that a number of seasoned investors looking in a new city will seek out a good agent while novice investors will frequently go it alone. I have even had a number of successful real estate agents seek out my help when they are moving to our city. Why do some of these seasoned investors choose to work with an agent? Below is a list of 7 benefits of using an agent.
1. Understand potential restrictions of the property. I recently heard a story from a friend at the city development office in Austin Texas. A couple had saved up for their retirement. They wanted to retire and live out in the hill country. They went to the foreclosure auctions. At the auction they purchased a lot for 500,000. It had great views and they were going to build their dream house on it. They had researched the lot before the auction and found it was zoned SFR which means a single family residence can be built on it. After purchasing the lot they started plans to build their retirement house. At this time they discovered the lot was in the 25 year floodplain. My friend at the city development office explained that the lot could not be built on and was basically worthless.
2. Know about new developments that might affect a properties value. A good realtor will know of proposed new developments that might affect different properties in which a buyer is interested. Whether these developments are positive or negative can be valuable information when weighing different housing options.
3. Find potential problems with a property. It is always a good idea to have a home inspector look at a potential house. However, a Realtor is a good first line of defense to see if a house has inherent problems. A Realtor that can know about common problems, such as foundation or electrical, that affect a particular neighborhood.
4. Understand contracts specifics. Whenever you buy or sell a house you are entering into a large personal transaction. It helps to have someone on your side that deals with these types of transactions on a daily basis. A Realtor can help you understand contracts and can explain what is typical for your area. The most common pitfall into which I see unrepresented buyers fall is to become involved in an atypical contract that is not to their benefit. For instance a seller will sign an offer that has an option period that is 4 times longer than what is typical. A buyer might put in offers on multiple properties with long option periods. The buyer will wait and see if the market appreciates. If the market has appreciated the buyer buys the house at now and undervalued price. If the market has gone down the buyer walks away.
5. Misperception of a benefit of going it alone. Buyers frequently think that by not using a buyers agent they will get a better deal from the seller. In most situation the listing agent asks for 6 percent from the seller. If a buyer comes with an agent the listing agent splits the 6 percent with the buyers agent. If an unrepresented buyer comes the listing agent keeps the whole 6 percent. On the selling side, For Sale By Owners (FSBO) often think they are saving alot of money by avoiding a listing agent. Nationally, FSBO homes sell for 14 percent less than agent listed homes in the same neighborhoods. In addition alot of FSBO’s still end up having a buyers agents involved. There is also money spent on advertising. Since an agent has experience marketing homes the agent often can spend money more effectively on advertising. Agents often know which advertising sources produce the most potential buyers.
6. Save time when looking for listings. Looking for listings without an agent can take up large chunks of time. When looking with an agent you can see several homes in a few hours. When going it alone you have to call the listing agent for each house and wait at the house for the agent to arrive and open up the house. In addition agents often know houses which are not listed or may have already identified potential problems with a particular house of interest.
7. Insure Security. When a home is listed with a broker, agents coming to the house have to usually log in. This allows the listing agent to keep a record of every party coming into the house. Since their business is on the line, agents are more likely to protect the house from damage or theft. For a variety of reasons, it is generally not a good idea to have random people you do not know come into your house. Often sellers simply have a phone number, but that phone could be their house, a friend’s house, a pay phone, or even a stolen phone.
Searching for a home can be stressful and difficult but it can also be fun. Whether you choose to look for a home on your own or with a Realtor its a good idea to be a extremely careful when you seek out your dream home.
Property Management Software – What to Look for
Saturday, March 28th, 2009While many property managers still use Excel spreadsheets or a pencil and paper to manage their investments, there are much better tools available. The property management software you choose should be flexible, inexpensive and easy to use.
You need a really flexible rental property program because, as a property manager, you never know what tomorrow may bring. You might need to get details about a property or tenant at home, in the office or even out at a property. You might need to have other members of your company get records themselves, from their own computers. Your business might double, and you don’t want a tool that won’t server your needs any more.
The most flexible property management programs are those running over the Internet. Because the records are kept on a Web server, you – or anyone else you authorize – can get to them from any Internet-connected computer. And unlike Windows property management programs, on-line property management software doesn’t limit the number of units (doors) you can manage.
Surprisingly, you don’t give up any security features when using the right on-line property management software. True, the records aren’t on your computer. Instead, they’re maintained on a computer that typically has much better protection than your own. It’ll be kept in a locked room, fire-safe room, with daily backups and multiple storage devices. The best on-line rental property programs also use SSL security so that all of your work is encrypted – and therefore completely off-limits to hackers.
All on-line rental property programs are sold by subscription. Look for one that doesn’t require a long-term commitment or a single annual payment. You want to be able to cancel without any penalties.
Because property management programs can be complex, look for one where support and training are included in the subscription fee. You want a company that looks to maintain a healthy long-term relationship with its customers. This is actually another advantage of on-line tools; they have to keep you satisfied for a long time, not just for the first 30 or 60 days.
Support and training should be offered on your schedule. Make sure your software vendor has extended support hours, especially if your office is on one coast and theirs is on another.
It goes without saying that the best property management software is developed by actual property managers. However, some developers rely on their own very limited experience. For example, they may know all about single-family houses, but have no clue about the special needs of commercial property investing or multifamily units. Make sure the company you choose relies on a wide variety of property managers, landlords and other experts to get product design tips.
In addition, you want your property management software to be responsive to your specific needs. Companies making Windows property management software can never be that responsive to customers, because upgrading the software is such a hassle. Such companies often only release upgrades every year or two, and when they do, their customers have to go through what may be a very messy upgrade process. On the other hand, on-line property management software can be upgraded whenever the company has a new feature that has been fully tested. The next time customers log in, the new features are ready for them to use.
Here are some of the features that you will absolutely want in your property management program.
• A full accounting package. Your program should support whichever accounting method you prefer, cash (simpler) or accrual (more detailed and preferred by most property managers). It should include a number of accounting reports that you can run at any time and for any period. You should be able to calculate late fees and discounts automatically
• Check writing. When you have to write a lot of checks for your business, it’s great to be able to just print them off on your computer. Your software vendor will put you in touch with at least one company that makes the kind of check forms you will need.
One word of caution: to print checks with blank check stock, you will need a laser printer and a special magnetic ink cartridge. The laser printer probably won’t be an issue, but the magnetic ink cartridge may be. A simpler solution is just to order preprinted check forms. These forms will have the basic information such as MICR numbers (the numbers at the bottom of the check, which are always printed in magnetic ink). You’ll still print checks, but just the amount, payee, date and other fields that don’t have to be in magnetic ink.
• Reminders. You should be able to set up reminders for appointments, projects, and other tasks. You should also get automatic reminders for the two things every property manager wants to be aware of: late rent payments and expiring leases.
• Many different data fields to let you store all the information you want, but not that many mandatory data fields. You should be able to use your software for as little or as much work as you like.
• Fast and easy data management. You’ll spend a lot of time entering records and finding what you need in your property management software. You don’t want something that will make it complicated and difficult to handle these tasks. Look for wizards and maybe even a “Quick Start” feature to make loading fast, and fast searching and sorting to let you very easily find what you need.
What if you find a property management program that is great, but not perfect? Many property managers will quit using a program because it doesn’t have the one specific report or calculation they really like. They then have a choice; they can keep on going with Excel or written ledgers, or they can continue on an endless search for the perfect program that simply doesn’t exist.
Instead, why not contact the company you are interested in and see if they can add the feature you want? You might learn that they’re already working on it. If not, they may be happy to add it to keep you satisfied.
Real Estate of Prudential: Hot Investments
Saturday, March 28th, 2009Real estate investments are often termed as hot investments and if done right, they can really yield high returns and that too very quickly. Prudential is a popular name in the world of investments. Prudential financial companies are spread throughout the world and offer wide range of financial services including real estate services (which are also known as Prudential real estate services or just Prudential real estate brokerage services). Prudential real estate network is quite large.
Prudential real estate services start with a tool for finding a home. Enabled by the vast Prudential real estate network, the Prudential real estate home finding service provides you with thousands of listings from various states in the US. This is one wonderful service that also provides you with the access for the multiple listing service in the area of your choice (you need to register for that on the website of Prudential real estate services; this registration is free). Using this service, you can even save homes in your portfolio (i.e. save the details of your choice of homes in your portfolio) and later comeback and view them. You can even request an online home tour. Besides this home finding Prudential real estate service, you can use another service called “Find a neighbourhood service”.
Using this Prudential real estate service, you can determine not only the average costs of houses in a particular locality (and you can choose any locality by giving its zip code or postal address) but also things like schools in that area (with full details) and also other demographic, lifestyle details of the area. Prudential real estate goes even further with providing you with a service that automatically provides you updates for homes that match your profile. These updates are provided through email and are based on the profile that you provide to Prudential real estate at the time of registering on their website. Prudential real estate also provides you with guides and tips for buying and selling homes. These guides can help you in enhancing your understanding about real estate and hence aid you in decision making.
Prudential real estate services also include relocation services, real estate investments, commercial mortgages and commercial properties. You can even join the Prudential real estate network by becoming their franchisee. So Prudential provides the whole gamut of real estate services that you can utilize for your benefit.
Various Prudential real estate services and the Prudential real estate network can be easily accessed through the Prudential real estate website.
Strategies For Buying Real Estate In A Slow Market
Friday, March 27th, 2009The real estate market tends to be cyclical with some periods favoring buyers and other periods favoring sellers. As with other free markets, the pricing and availability of real estate is directly related to the forces of supply and demand. While many real estate markets in the United States are experiencing a substantial slowdown, other markets remain robust, and some even continue to grow. What makes the situation even more complicated is that even within a particular city or county, there may be some areas that are hot and others that are cold.
In regions of the country in which the real estate market is slowing, there are some things homebuyers can do to increase their chance of getting the property that they want on terms that are favorable. Below are some strategies to consider:
1. Clarify What You Want. Be sure to understand what kind of property you want (e.g. bedrooms, bathrooms, size, yard, location, etc.). Identify items that you “must have” and items that you would be willing to forego if your other priorities were met.
2. Consult Experts. You’ve no doubt heard the saying that “all real estate is local,” so arm yourself with the best information available. Consult a local real estate expert who can guide you about what communities are hot and which ones are not. Obviously, you are more likely to find deals in communities that have excess supply and limited demand than vice versa.
3. Understand Market Data. Obtaining and evaluating data can be one of the most powerful tools in your arsenal. Identify communities that you find desirable and ask your real estate agent to provide you relevant sales statistics. For example, your agent can provide you:
a. A summary of how many properties are available in communities that you deem desirable.
b. How long properties are taking to sell this month, last month, last quarter, last year, etc.
c. How many properties have sold this month, last month, last quarter, last year, etc.
d. Changes in the median and average price of properties for a community this month, last month, last quarter, last year, etc.
e. Data on the sales price to list price ratio (SP: LP). This ratio provides information about how much, on average, sellers are reducing their price.
f. Detailed data on properties that are similar to the type of property you desire (often known as “comparables” or “comps”).
4. High Inventory Communities. Identify, or ask your agent to identify, communities that appear to be particularly slow, and that have an unusually large inventory of homes. You will have a broader variety of options in these communities, and you may increase the likelihood of finding a better deal.
5. Loan Pre-Approval. Be sure to consult with your bank or mortgage broker and obtain a loan pre-approval document. This not only let’s you know how much you can afford, but it also demonstrates to sellers that you are a serious buyer and that your offer is worthy of serious consideration.
6. Seller’s Motivation. While information about why a seller is selling is usually confidential, there are situations in which the seller will allow their agent to disclose important factors regarding their personal situation. Be sure to ask your agent to inquire about any information that the seller has disclosed to his/her agent that can be conveyed to your agent. This information may help you decide on making an offer on a property and the price you wish to offer.
7. Home Inspection. A home inspection conducted by a qualified inspector can provide you valuable information about the condition of a property. Moreover, if there are items that need repair or replacement, you can use this information to modify your offer price or terms.
8. Expand Search Scope. As mentioned above, even within a particular city or county, there may be some areas that are hot and others that are not. Be sure to provided detailed information about what you want to your agent, so that he/she can provide you a variety of community options.
9. Be Patient. Time is on your side when there is excess supply and insufficient demand. Try not to “fall in love” with a house so much that you cannot be objective. It may be that multiple offers and counter-offers occur before you either get the property you want or decide to walk way from a deal. You may also want to look at more properties than you normally would, so that you are exposed to a variety of options.
While the above is not an exhaustive list of strategies, it is a good starting point of issues to consider when buying real estate, particularly in a market that favors buyers. Obtain the services of a knowledgeable Real Estate agent who can provide you with additional strategies to help you reach your real estate objectives.
Commercial Real Estate: Outlook at the Power Breakfast
Thursday, March 26th, 2009A GOOD OUTLOOK FOR COMMERCIAL REAL ESTATE IN 2007
I had the opportunity to sit in at the International Council of Shopping Centers (ICSC) annual “Power Breakfast” that featured some high powered institutional investors as panelists. They included Erwin Aullis, the Managing Director of Transwestern Investment Company, Stanley L. Iezman, the President of American Realty Advisors, Inc., and Glen Sonnenberg, the President of Legg Mason Real Estate Services. The panel was moderated by Mark Schurgin, the president of the Fesitval Companies.
These are some high-powered commercial real estate fund managers who don’t even get out of bed for a deal less than $50 Million! They were there to give us some of their thoughts on how the economy will impact commercial real estate investment, where interest rates might be headed in the coming year, and how buying and selling parameters have changed for shopping center owners.
Some of the thoughts that came from these guys were fairly insightful. Here’s what I got from the breakfast that I think you’ll find interesting:
1. Commercial real estate lenders are awash in money thanks to Collateralized Debt Obligations. These are derivative debt instruments that allow lenders to dramatically increase their ability to raise money at low overall costs.
2. The ageing of the population and the retirement of the Baby Boomers means that there is a large chunk of retirement money looking for alternate income opportunities … think “income property.”
3. Large funds are taking on more real estate, making it a legitimate “investment class” like stocks and bonds.
4. The REIT Index was up 35% last year, trouncing the S&P 500. Large urban areas can expect low cap rates in the months ahead, meaning that there are opportunities in secondary areas, but you still need to beware in “tertiary” markets, like Detroit and St. Louis.
5. Oversupply of commercial properties is not yet in evidence.
1031/Tenants-In-Common buyers are drying up, slowing price appreciation.
6. “A” quality commercial properties are becoming “commoditized,” meaning that there are real opportunities in “B” and “C” product.
7. The big players are getting out of condominium product at significant discounts to original asking price (which means you might get a nice home for cheap). This was in evidence in San Diego and South Florida. Residential projects are taking a back seat to commercial in the minds of the big investors.
There’s some good intelligence in these observations for anyone serious about investing in commercial property this year.
The final few minutes of the session were devoted to a group consensus on where interest rates and cap rates would be a year from now. While not a real prediction, the sense of the room was that the Prime Rate would be .75% to 1% lower, commercial mortgage rates for “A” product would be about .25% to .5% higher than today, and cap rates for class “A” properties would be essentially unchanged.
My conclusions are that there will be some opportunities to make money in smaller commercial properties in outlying areas and smaller urban markets. New construction and other “value added” projects should also do well. One caveat is do not make the mistake that rents will continue to trend upward, though. Stay conservative in your projections and you should be able to ride out any recession that might follow in the wake of possible Congressional tax hikes.
A different kind of executive strategy session…
Wednesday, March 25th, 2009N, MASS.
Estate planning for corporate executives can differ from that for the Average Joe. Not only might corporate executives draw a larger salary, but in many cases they hold stock or revenue-sharing interests in their company, including stock options or other forms of executive compensation. And that takes a certain expertise in creating a comprehensive estate plan.
Jeffrey P. Hart, member of Boston-based Tarlow, Breed, Hart and Rodgers, P.C., recently recorded a video presentation for ReedLogic Corporation’s Video Leadership Series on “Estate Planning for Corporate Executives.” This 50-minute video presentation discusses the following topics:
Strategies to save estate taxes
Asset protection strategies
Wills, family trusts, durable powers, health care proxies, HIPPA authorization.
Planning strategies involving: ILITs, GRATs, FLPs, LLCs, QPRTs, IDGTs, CRTs, and Foundations.
Which experts and counselors should be involved in your estate planning.
“What’s involved with the estate planning for a typical corporate executive would take hours and certainly not be that entertaining. This presentation will provide corporate executives with a good working knowledge about what needs to be done to create an estate plan or upgrade an existing plan,” said Hart.
Samples of the types of questions answered in the Video Leadership Seminar include:
What challenges are most often encountered during the estate planning process?
What are the most useful estate planning tools?
What procedure is used to identify and establish the primary objectives of the estate planning strategy?
What technique is used to pin down the strategy for tax liability? How is the strategy updated to keep pace with current tax law?
What tax laws affect estate plans? How are the laws changing?
What experts are involved in the planning process?
The video can be purchased at www.reedlogic.com for $100 plus shipping and handling. The DVD is viewable on any computer or iPod that supports video.
Hart is one of the founding members of the firm and concentrates his practice in the areas of taxation, business law and estate planning. Earlier in his career, he practiced as a certified public accountant in the tax division of an international accounting firm where he gained expertise addressing the business and tax issues facing closely held businesses and high net worth individuals.
About Tarlow, Breed, Hart & Rodgers, P.C.:
Formed in 1991, Tarlow, Breed, Hart & Rodgers, P.C. is committed to providing high quality, comprehensive legal services to its clients. Featuring a breadth and depth of experience and perspective usually found only at larger law firms, Tarlow, Breed, Hart & Rodgers. P.C. offers sophisticated legal counsel to entrepreneurs, businesses, individuals, families, and institutions.
Tarlow, Breed, Hart & Rodgers’ areas of expertise include corporate law and business transactions, litigation and dispute resolution, estate planning, taxation, real estate, municipal law, and hospitality law.
The offices of Tarlow, Breed, Hart & Rodgers, P.C. are located at 101 Huntington Avenue, Prudential Center, in Boston, MA 02199. For additional information, or to arrange for a consultation, please call 1-617-218-2000, e-mail info@tbhr-law.com, or visit www.tbhr-law.com.