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Real Estate

Home Buying Tips You Should Know

Being a first-time homeowner can be exciting and overwhelming at the same time. The decision to buy a home is a big deal. Unfortunately, sometimes people rush into buying homes without giving the decision a thought. Consequently, they don’t get their dream home, which means they have to live in an uncomfortable home or spend more money buying another home. Since home ownership is a smart long-term move, you ought to take time so that you get the home of your dream. Here are tips to get you started.

Create a Budget

Before you start searching for a home, make sure you know how much you are willing to pay for it. Also, remember to research the price range for Rosedale homes for sale. When drawing your budget, don’t forget maintenance and total mortgage costs.

Pay Off Debts

Owning a home can be costly, and sometimes more expensive than your monthly rent amount. That’s because you may be required to take care of maintenance costs and other upkeep costs. These costs can quickly add up fast. Therefore, before buying your first home, it’s wise to create an emergency fund of about three to six months and pay off your debts.

Stalk The Neighbourhood

Before you buy your home, make sure you stalk the neighborhood. Drop by night, noon and morning and get a glimpse of the community. Find out the amenities available in the area and how far it’s located to grocery stores and its security. You don’t want to buy a home in a neighborhood that is insecure or doesn’t appeal to you.

Home Insurance

You should make sure that your home is insured as soon as you purchase it. Check out the best home insurance providers in your area. Also, make sure that you take up a policy that covers risks that are most prevalent in your location.

Hopefully, this guide will make your home buying process more manageable than before. Don’t hesitate to engage a real estate expert. Also, don’t forget about your preferences and needs.

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Real Estate

Earning through Property Investment – What To Know

If you’re looking to invest in property, chances are, you have already done some of the necessary homework such as: budget, location, timeline, and so on. However, usually when you see articles regarding property investment, either home or abroad – perhaps in the Spanish market or elsewhere in Europe, the article will likely help you tick boxes that refer to expenditure, the appeal of the location, climate and so on, size and type of property. That being said, ‘type’ will generally refer to things such as: number of bedrooms, whether it is a flat in the city, a detached in the country, a villa in the Costa Blanca etc. But have you thought outside of the box when it comes to all of the things you could do with the property available, and what this could mean for your investment?

For example, many people will pursue the property market with the standard idea that rentals will be the main source of income (and therefore the main return on the investment). However, there are some variants on the investment turnaround when you look at properties that have a more commercial edge. What we mean by this is, rather than restricting your options and focussing solely on the holiday villa or the city apartment that you can rent out, have you looked at other options? Now, before we go into some of the options available, we should make it clear that many of these alternative options come with a lifestyle change, a move to a warmer climate, or a thirst for a new venture. So, if that’s what you’re after, or if it’s something you’re even yet to consider, stick with us, and see what you think. If you’re looking to make this more of a lifestyle opportunity for example, there are property opportunities for more than just a rental. Let’s take a look:

Bar or Restaurant Options

This option is particularly appealing to those looking to invest abroad but can also offer a new venture opportunity for those with an entrepreneurial mindset here in the UK. Investing in a bar or restaurant property, however, could be one of the more risky routes to take. So, this option will depend very much on your current disposable income, the sort of venture you are looking to pursue, and most importantly, your appetite for risk. This sort of investment will require a lot of research, a lot of prep and some expert help. However, it could be an extremely fruitful option.

Country Houses

Again, this might sound like you are restricting yourself to a UK purchase but, not so. We are so used to hearing about villa investments when we think of property abroad that we often don’t explore all of the options. A country house investment may not attract your average holiday goer, but that’s sort of the point. Many people these days are looking for something a little different in a rental, especially when it comes to the short haul sea, sun and sand break away. Country houses are very popular and come with a more profitable price tag when it comes to renting out. Not only that, if you are looking to invest in a property in which you later hope to retire, this could be an amazing option to consider.

Commercial Opportunities

As with the bar or restaurant idea, commercial properties can also offer an interesting option for investment. But here, things become a little more vague. Depending on the location and footfall of the property, you will need to be quite sure about what the purpose that the property will serve and whether or not it will offer a good return value in the long-term. Again, more of a risk with the commercial side of investment, but if you have a thirst for it, experience in business or expert help, it could be worth considering your options.

Land

Lastly, we wanted to mention the option of purchasing a plot. It goes without saying that buying land is not for everyone. However, if you are in a flexible position with budget and intent of use, a plot could be exactly what you’re looking for. Depending on the location (and with land, you might have more options than you think), your investment could be completely unique. Buying land is really for those with a longer-term plan, and probably more attractive to those who will eventually use the build for themselves at a later stage in their life.

Overall, whether you’re buying property at home or somewhere in the sun, if you’re looking for a bit of an adventure, and have the means to do so – this is definitely food for thought.

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Real Estate

Top 7 Signage and Wayfinding Solutions for Retail in 2019

Retail today is far different from what it once was.

Despite the dominance of the e-commerce sector, brick-and-mortar stores can still deliver a positive experience. Incorporating innovative technologies enable retailers to compete in an ever-increasingly digital space.

Signage and wayfinding solutions are a great way to take advantage of digital technology in physical retail. Consumers expect an experience-driven retail space. Digital signage can be used to transform a retail space and deliver an engaging and inspiring customer experience.

Benefits of signage and wayfinding technologies

Unsure if your retail store requires the use of signage and wayfinding solutions? Here are ten benefits digital signage brings to the retail experience:

  • Increases foot traffic
  • Informs purchasing decisions
  • Displays rich, interchangeable content
  • Reduces perceived wait times
  • Adds versatility to marketing campaigns
  • Enhances branding
  • Increases digital presence
  • Potential source of advertising revenue
  • Fully customizable content
  • More dynamic than static media

Despite 2019 being firmly established halfway through, there are still opportunities for retailers to integrate signage solutions into their retail space.

And to help you dominate your market retail space, Dubai’s leading signage consultancy firm outlines seven signage solutions that can help your retail business further improve the customer experience.

1. Virtual assistants

Interactive content is necessary to stand out in today’s competitive retail space. Having a virtual assistant display allows retailers to give every customer their undivided attention. An in-store virtual assistant can be beneficial to both shopper and employee.

Consumers can get access to information immediately, while employees can focus on delivering exceptional retail service. Being able to provide a more personalized in-store service also makes for a more engaging retail experience.

2. Interactive wayfinding technology

A digital wayfinding kiosk is necessary for big-box retailers. Digital wayfinding provides customers easy access to the specific merchandise they require. A well-positioned physical wayfinding kiosk will also encourage interaction and exploration.

For first-time customers, having a digital concierge provides a thoughtful, engaging customer experience. This allows you to connect in a memorable and personalized way that ensures repeat business.

3. Artificial intelligence

Personalization is a crucial component of today’s retail experience. Customers not only demand personalization; they expect it as well. The use of artificial intelligence (AI) enables retailers to cater to this expectation.

Artificial intelligence can be used throughout digital signage to provide retailers with real-time customer-based research. This information empowers retailers to offer customized content, product advertisement, and promotion.

This can be tailored to individual customers according to their shopping behavior and user preferences.

4. Digital signage advertising

Digital signage can be used for more than just accessing information and wayfinding. Digital signage is the ideal platform for retailers to feature their digital marketing campaigns.

When positioned in areas of high footfall, such as the checkout, digital signage can display various rich media content. This can include anything from product demonstrations and social media content creations to limited time offers.

5. Mobile integration

Every customer today has a mobile device. Being able to integrate mobile features into your store’s digital signage can complement the in-store personalized experience. Mobile integration allows retailers to deploy location-based advertising and promotional offers.

One of the major perks of mobile integration is that it encourages customers to sign up for special loyalty programs. The data this gathers allows retailers to track the performance of their marketing campaigns.

6. Augmented reality

Impressive developments in augmented reality (AR) have enhanced the in-store experience. AR is a forward-thinking way for retailers to appeal to their tech-savvy customers. With AR digital signage displays, customers use a virtual fitting room to virtually try on products.

This allows retailers to satisfy more customers during the peak shopping season. Now, rather than queueing for fitting rooms, customers can simply walk to a signage display to try on products virtually.

7. Voice-activated signage

Voice recognition technology represents the next frontier for retail interactivity. Current digital signage solutions require touch to activate their features. Voice-activated technology eliminates this, enabling interactivity the moment a customer walks up to a digital display and talks to it.

While voice-activated signage is still in its experimental phase, the technology has endless possibilities for retailers. The sophistication of this technology will require considerable support from other digital solutions such as AI, machine learning, and the Internet of Things (IoT).

Digital signage: the retail advantage

Despite competition for market share seems to be in favor of e-commerce retailers, traditional brick-and-mortar stores are also fighting back.

Intelligent digital technologies are now empowering physical retailers. When incorporated with signage and wayfinding solutions, retailers are able to better engage customers. This results in increased foot traffic, brand loyalty, and sales.

What’s more, continued advancement in digital signage technology is making digital signage a cost-effective tool for many retailers.

The retail signage solutions presented above showcase how signage hardware and its corresponding technology can transform the retail experience. Consumers today heavily favor personalization and efficient service. So, retailers that fail to make use of these digital signage tools to address these consumer expectations risk falling behind.

AUTHOR BIO

Zak Zakaria is a Waymaker at dezigntechnic in Dubai who also previously worked as the company’s Graphic Designer and Art Director. Zak is a creative with work experience in multiple multinational agencies such as JWT and Saatchi & Saatchi. Signage design is a family business, making Zak’s personal experience with signage his longest professional commitment.

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Real Estate

What Are Buyers Looking For In A prime Location Luxury London Property?

As estate agents specialising in the St John’s Wood, Maida Vale and Hampstead property market, Aston Chase is accustomed to dealing with buying, selling and letting requests for luxury London property. Our clients have varied needs and tastes and are very discerning when it comes to what they want. The good news is London’s prime property locations offer it all, but what exactly are clients asking for?

Location is still king

A prime location still greatly influences people’s property decisions. Proximity to work, good schools, transport links and recreational facilities all direct location searches. London also has some very distinctive areas, such as quiet enclaves, city villages or contemporary high-rise developments, each creating their own ambience for a specific lifestyle taste.

Statement Kitchens

Kitchens are no longer just rooms with one function – cooking. They are used to make a statement and act as the focus for entertainment as well as providing all the high tech integrated fixture and fittings to make food preparation a joy. In fact, one kitchen may no longer be enough. Clients can have one room for entertaining and a back-of-house kitchen for staff to create exquisite meals.

Outdoor space

Many London residents want their own personal outdoor spaces. Family gardens, outdoor party areas, balconies with city views or rooftop gardens all help to provide a sense of space and a break from the hustle and bustle of city life.

Off street parking.

Off street parking is a must and a garage is even better, but if you have several vehicles that warrant that extra care, easily accessible underground parking attached to the property, with lift access, provides extra security.

High tech homes

Smart homes with integrated technology for media systems, lighting or domestic services to run the home more easily and to make them greener are increasingly sought after.

Living quarters for staff

Running a busy household and managing an extensive property often takes the support of private staff. Being able to offer attractive accommodation is one way to help ensure you can attract and retain the best.

Excellent security and privacy

Automated gates, private drives, state of art security systems, CCTV, panic rooms and enclosed properties are all important to anyone wishing to secure their prime location property and protect their privacy.

Home fitness and recreation facilities

Making the most of downtime is important and people want the convenience and flexibility to do this in the comfort of their own home. Fitness suites, saunas, pools, home cinemas, games rooms are all on the wish list for those seeking something extra from their property.

About Aston Chase

Aston Chase Estate Agents are a London estate agent who provides sales and letting services. Our handpicked, experienced team has built a reputation for professionalism and trustworthiness through their deep knowledge and expertise in their specialist sector of the industry.

Our reputation and client service are incredibly important to us and we invite you to contact us today to discuss how we can help you with your property search.

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Real Estate

A Guide for First Home Buyers (Perth): Mistakes to Avoid

There is plenty of monetary spadework that is involved in purchasing a property and it’s essential to be attentive for first home buyers. Perth residents along with other Australians typically purchase their first house at the age of 27. Related studies show that people within the age range of 25 to 30 years old normally make shopping mistakes that could prove catastrophic to their financial stability. In this article, we will discuss the most common mistakes that every first home buyer makes and how to avoid them in order to save time and a sizable amount of money in the process.

  1. Getting Too Excited

Many first-time home buyers fall under the trap of searching for homes before finding a good mortgage plan. While it’s easy to fall head over heels with a package that checks all the boxes, it is most essential for every buyer to get a written pre-approval certification from a mortgage lender to properly evaluate their finances. It is, however, highly recommended to talk to more than just one lender to potentially avoid leaving thousands of dollars in the table. Put simply, it allows everyone to compare and contrasts all lending companies in order to get the possible deal available for their budgets.

  1. Failing To Capitalise Grants

Another mistake that a first home buyer often commits is failing to capitalise property grant that is offered for free by the government. Perth along with other cities in Western Australia provides home buyers a first home owners grant during its first home purchase. The FHOG program in Australia is specifically designed to help everyone become a property owner across the country. Normally, the grant is available for properties with a total asking price of at least $400,000. At the very least, the FHOG program provides Western Australians with a $10,000 grant which can be utilised in covering incidental overhead that is involved in buying a home through a licensed real estate agent.

  1. Moving Too Quickly

Purchasing a first home is as exciting as it gets. Most first-time home buyers often fail to conduct proper checks or picking the right company to build with. In most cases, a wise home buyer would chat with the experts in the Perth industry, like Homebuyers IQ.

  1. Buying A Home Based On Emotions

As mentioned, buying a new home is as emotional as it gets and more often than not, emotions can lead everyone to make hurried purchases. To avert financial losses, a first home buyer should stick to a plan and avoid becoming too emotionally attached to a home that you don’t own.

We Are Here To Help Every First Home Buyer

Homebuyers IQ is here to assists every first home buyer in navigating through the ins and outs of property buying. Speak to one of our specialists today for more details!

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Real Estate

5 key tips that will help you to invest in the right property

People today are fond of investing in Real Estate because of its profitability. But there are several important things to consider before investing in Real Estate. In fact, Real Estate investment is much more complex than any other investment. However, people are showing a lot of interest in this area and so it is important that one should have both legal and financial knowledge in the field.

This article is all about giving you 5 key tips that will help you in getting familiarized with the major concept related to Real Estate. Have a look at these important tips:

1. Location:

If you are planning to invest in Real Estate, it is very important to consider a perfect location. You should be sure that the property you are deciding to invest in easily located in a good place.

If you have chosen a good location, no matter what kind of house you have built there. As if you face any kind of issue with the house, you can resell it anytime. You will get a lot of buyers for your house because it’s the perfect location. In the professional terms, this is known as fixing and flipping method.

2. Wholesale properties:

You have to act wisely before investing in Real Estate. There is healthy advice for you that is you have to be greedy at the time of investing in this field. Try to look for wholesale properties because of these properties of good discounts. Therefore, you will not tend to pay more prices for your favorite property. If you are really looking for a good real estate company, Gloria Nilson & Co is a great option.

Moreover, using the technique of looking for wholesale properties you can buy the property at a low price. However, the property can be further sold at high prices in order to get maximum investment return.

3. Stay connected with local investors:

If you have really planned to invest in housing property, get connected with some of the good local investors and talk about the local Real Estate market with them. In this way, you will be able to collect authentic information in a better way. you can also ask them to show their properties and gather all the necessary information about the property you can.

4. Read a lot:

This is good advice for every investor. If you want to invest in Real Estate try to collect more amount of information from different sources. Collecting information online is a good source of information. You will get to know a lot regarding the properties and Real Estate market. moreover, you can also buy good books and magazines to get more practical knowledge about buying and selling of properties.

5. Find a reliable Realtor:

This is the most important tip. You need to find a good Realtor for a good deal. If you will hire a good Realtor he will help you in getting a bored investing return for your chosen property. Gloria Nilson & Co has some of the best real estate agents who can help you in choosing the best housing property.

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Real Estate

How To Become A Licensed Real Estate Agent in Any State In the USA

The prospects of becoming a licensed real estate agent are often enough to get anyone thrilled given the rapid growth of the vital industry across the United States. Nonetheless, one must be prepared to go through the generally accepted procedures across all states before they can have their practice license. Taking to account all the possibilities that having a real estate agent license provides to an individual, it is for many people a step to making their dreams come true. Still, for the actualization of this dream, you must be prepared to put a considerable amount of effort, especially on studies.

While the general perception is that a real estate license gives one the powers to be a professional real estate agent, there are many other career opportunities. These opportunities include property management, appraiser, real estate market analyst, real estate developer, and a sales associate. Typically to achieve all this, you must first go through the following criteria;

  1.    Meet the state’s requirements to be a real estate agent

Every state has its minimum qualification for anyone that expects to be a real estate agent given how much the industry is regulated for the good of all residents. Among the factors typically taken to account include age, education levels, background checks, and ability to get through the application process. Under each general category, different states have their specifications which must be adhered to and must be carefully taken to account as it directly determines the likelihood of becoming a licensed real estate agent.

  1.    Pre-licensing education requirements

Once you meet all the minimum qualifications of the state and have made a formal application through relevant authorities, the next step is to fulfill the required education requirements. Generally, there are a minimum number of course-hours to be taken which is dictated by the state one is in. Whether one decides to go for the increasingly popular online learning or physically attending classes at an approved institution, the objective is to meet the desired qualifications.

  1.    The licensing examination

This is the all-important phase for anyone who hopes to acquire their license and has always been the stumbling block for thousands every year across all states. Every state has its passing grade which anyone who wants the highly sought after license must attain before they can kick off their careers. This determining stage requires a lot of preparation to avoid the burden of having to deal with retakes in case the desired grades are not attained and having to wait longer to fulfill your dreams.

It is at this point that finding the best real estate prep guide comes as the most effective tool for making you stand out from the group of students taking similar exams. A professionally prepared real estate licensing exam guide makes what would have otherwise been a difficult study period to be one that is straightforward and oriented on the upcoming exams. As a person whose interest is in going to the exam room and showcasing that they deserve the license, it comes as the perfect partner during this period.  

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Real Estate

Avoid Making Common Mistakes While Investing in Real Estate in Pakistan

There is a lot of interest that people keep showing in real estate in Pakistan. This business has always gone through many ups and downs. But at the end of the day, if someone invests in property through a reliable and best real estate company and waits patiently then it is for sure that the same property would give you considerable profits.

This is the time, when this same business is at its boom. It means that you have great opportunity to invest in real estate. No matter when and how much you want to invest, the only thing that matters the most is avoiding some common mistakes so that you could not invest in something that can become the reason of huge loss in the future. Following are the things that you should always avoid.

  1. Never trust wholly and solely on property agents

There are numerous property dealers and agents who are either helping or dodging the investors. It is quite difficult to trust whether the agent is giving you right suggestion or just trying to mislead you just for the sake of getting his share from the deal. Therefore, it is better to visit registered, well known and the best real estate portal, from where you will get the exact and accurate information about properties or lands being sold. But even through this platform you will have to be overly cautious. The price demand mentioned on such portals is relatively higher than the actual and real price value.

  1. Check out the exact market value

In case you have finally found the plot, commercial building or house that has attracted you, now the time comes when you need to check out its exact and real market value. This whole scenario does not require you to have a degree in this field. There is a simple way of doing this calculation or estimation. All you have to do is to create a scene. Call a property agent who is dealing in the area where you are interested in buying property. Ask him about the market value of the plot that you like. The price he will quote can be considered as X. now call another agent and tell him about the same plot but now you will have to tell him that you want to sell out that plot. He is definitely going to quote a different price. Let’s take his quoted price as Y. you can now put a basic mathematical formula on these values.

                        Market Value: (X+Y)/2

Now the value which you will get is going to be considered as an estimated value of the same plot.

  1. Don’t trust on source

If you are thinking to visit a reliable property website to search for the property that you are interested to buy, then you may not get true picture of the value of that property. You must visit more than one real estate websites so that you can make comparisons and can reach the right decision. In other case, if you are looking forward to meet property agents, even then you should meet more than one agents. Never get tempted and attracted towards luxuriously furnished offices of agents. Just focus on the target of choosing the right real estate property.

  1. Meet the owner

Once you are done with your discussions on the selected property with the agent, then ask him to schedule your meeting with the owner of that property. During your meet up you must inquire the real ownership of that property. Check out for allotment letter and transfer paper. You can check on these with the connection with owner’s NIC.

  1. Never make the full payment at once

Right after all the negotiations are completed, you will have to then make payment against that property. Never make the entire payment but should pay only the token money. And do this through stamp paper in this way, the deal will be lock and then after a couple of months you can make the full payment and only then the owner will transfer his property on your name.

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Real Estate

Jerome Karam, a Friendswood Real Estate Developer, has Big Plans for the Small Town of Galveston

For over twenty years, Jerome Karam has been purchasing and developing historic and old real estate properties across Louisiana and Texas. Karam came from humble and simple beginnings in Allen Parish, Louisiana. Through his business know-how and industrious characteristics, he has purchased, reconstructed, and currently operates three apartment complexes in Kinder, Louisiana.

Karam and his team have cemented themselves across Houston, through creating numerous old properties into flourishing commercial buildings and apartments. Originally in 1991, Jerome Karam practiced injury and accident law and business litigation, his office is located in Friendswood, Texas. Through handwork and by utilizing his knowledge in business litigation, Karam began to focus on his passion for modernizing real estate properties.

As a real estate developer, he and his company have completed several sites one of which was an apartment project located in the small town of Galveston, Texas near Coushatta Casino Resort. Karam’s Landing in the area is just a testament to his successful real estate endeavors in renovating and transforming property. The new luxurious sixty-one condominiums have attracted a lot of attention potential tenants because most of the new units have leased out to clients.

They have also accomplished in the remodeling of The Lester Davidson Building into five refurnished Town Homes with each set having its own garage. Located at the center of the historic Strand area in Galveston, it took over a year and a half long to convert the property.  What makes the new townhouses special isn’t just because of the exquisite exposed brick and wonderful flooring as well as the view and location of the site but because each townhouse has its own garage making it convenient for car owners to park in the busy and crowded area of Downtown Galveston. Three of the five townhouse units have been occupied.

Currently, he and his family with his staff are renovating the old Smart Rooms Inn into modern apartments which they’ve named: “Karam’s Cove.” Karam’s cove is a five-unit complex located in a small town at Kinder, Allen Parish. Kinder has an estimated population of over two thousand five hundred (2,500), the recently developed property is greatly accepted new change in area and is of current news, and all of Karam’s Cove units are occupied.

Other than the Karam’s cove, lately he has also bought an underutilized commercial complex found on 8th St in downtown Kinder. He plans in revitalizing the old building as Karam’s Gym. Karam’s new gym will be the leading fitness destination in the area and for the local residents who want to feel good and look good.

If you want to know more about Jerome Karam and his latest projects, you can visit his website https://www.jeromekaram.com.

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Real Estate

Common Estate Planning Mistakes You Should Avoid

Ask a financial manager about the number of ugly incidents they have witnessed in their career. They will tell you that they have witnessed several families breaking down because of current finances or the changing of financial situations.

There have been times when people cut all ties with their loved ones due to financial issues and the legal battles involved in them.

One crucial part of your finances is your estate and there are several people who go wrong in planning their estate the right way. Discussed below are some of the common estate planning mistakes made by individuals:

Selling property at wrong price

Often, people move out from their hometown to live in a different city or country. During this shifting phase, they tend to sell-off properties and all possible belongings in that area.

In this particular situation, most people make the blunder of selling off their estates at a considerably lesser price than what  they should actually acquire for their estate. There could be several reasons for this compromise.

But, it is wise not to make this error because you lose out on thousands of pounds. If you do not have sufficient time or appropriate buyers ready to pay the right sum then it is better to wait. You can wait for a couple of months and sell it off once you get a buyer who is ready to pay the right value for your estate.

Leaving Assets For your Children who Are Minors

It definitely makes sense when you wish to leave a major part of your net asset for your kids and there is nothing wrong in this. But, if your kids belong to an age group wherein they cannot shoulder financial responsibilities, it is recommended to mention a guardian to shoulder this responsibility.

For instance, if your kid is a minor, you can mention in your Will that the estate belongs to the guardian until your kid turns an adult. This way, your estate stays under your kid’s name only and there are fewer chances of them losing right on your estate.

Beneficiary Blunders

Yet another mistake that most individuals tend to make is that they either do not mention or wrongly mention name of the beneficiary. Every individual must mention a beneficiary name for their insurance policies, retirement accounts, estates and other assets.

If you fail to mention a beneficiary’s name then the estate is likely to be transferred to creditors or is a subject to probate, etc. To avoid any sort of confusion or estate being transferred to any of your creditors it is smart to precisely mention the name of the beneficiary.

Having a specific beneficiary for particular investments

There is high possibility that you may have quite a number of properties under your name. If you do not want to give away all of them to one particular person then it is necessary for you to clearly mention about it in your Will.

All you need to do is learn how to make a will at home. You can use free DIY Will kits and draft an actually valid Will that gives you assurance about the safety of your assets and your loved ones.

There are some legal companies which encourage individuals to choose this option simply because it is the most transparent and hassle-free choice available to you. If you have any queries regarding to your unique situation then they do guide you in the process so that you draft an appropriate Will.

Transferring it to one person

Although, your spouse might the only person you completely trust but it is suggested not to name all your estate under their name. You may have heard of the saying-‘you must not put all your eggs in one basket.’

Besides, there are some taxes levied on to your spouse if they own all the estates. So, in order to save yourself from additional taxes it is wise to segregate your estates amongst your loved ones.

This will help you to create financial balance and your family is on a safer side as they are protected from unwanted taxes in your absence.

Think before you gift

As much as you would like to gift your house to your kids but it is also important to determine whether they have same interests. There have been several instances in the past wherein parents have left houses for their kids as a gift.

But, fortunately or unfortunately some of them have hardly any interest in the house due to their personal reasons. And, the kids are left with the only option of following the lengthy court process to acquire permission to sell off their home.

Sometimes, these legal processes end up in ruining perfect sibling relationships and hence it is a good move to consider your children’s situation and then prepare an appropriate Will. And, precisely mention all the necessary details in it so that your family lives peacefully and together even when you are gone.