Marketplace
How to Succeed As a Freelance Creative Writer
Freelance writers have lots of options to choose from based on their skills and level of experience. For instance, experienced creative writers can take up jobs as ghostwriters for other authors.
If you are good at crafting fictional and nonfictional stories, then you might as well turn your passion into a lucrative hobby. Apart from enjoying a flexible work schedule, working as a freelance writer pays well. Experienced freelancers could even earn around $54 an hour, according to Payscale. Aside from that, you also get exposure across a wide array of industries where there is high demand for your services.
However, with the amount of competition you will face in the gig economy, standing out and making your talent known to potential clients would be your main hurdles. However, you just need to learn the right approaches that will take you to the top.
Table of Contents
1. Don’t stop reading
You can’t become a better writer if you lack the time and opportunity to read. Don’t limit yourself to a single genre or format. Broaden your experience by reading a diverse range of articles and books. Through constant reading, you also develop a unique voice and writing style. You also get to learn how to write for specific age groups or industries.
2. Know the kind of writer you want to be
Apart from reading, you also need to find time to know which niche to enter. Freelance writers have lots of options to choose from based on their skills and level of experience. For instance, experienced creative writers can take up jobs as ghostwriters for other authors.
If you have a background in marketing and advertising, consider looking for a job as a copywriter or content writer. Regardless of your choice, make sure to pick a niche where you are comfortable. From there, you can choose to expand into other fields as you gain more experience.
3. Learn the ropes through the experts
As a freelance writer, you should always look for ways to develop your craft. Consider getting a mentor who can help critique your work and offer valuable advice for enhancing your technical and creative skills. You should also sign up for online workshops and courses where you can learn strategies and tips for developing great stories. Whether you are developing the sage archetype or writing thought-provoking essays, you can learn these topics from the right experts.
4. Know how to build networks and promote yourself
If you want to make it through as a professional creative writer, you need to invest in professional networks. Your success will also depend on how well you promote yourself and your skills, so consider investing time and resources in building your brand and marketing your services on social media and through a professional website.
Apart from that, you should also consider joining clubs, organizations, and events where you can connect with other aspiring writers. There is always a group that aligns with your genre or niche, so explore Facebook and LinkedIn and find one where you can hone your skills and grow your network.
It takes more than great language skills to stand out as a freelance writer. Consider these tips and start giving your talent the attention it deserves.
Business
Navigating the Process of Selling Deceased Estate Shares
This article aims to provide a comprehensive guide to selling shares from a deceased estate. Process of Selling Deceased Estate Shares.
Table of Contents
1. Understanding the Basics of Selling Deceased Estate Shares
Dealing with a deceased estate can be a challenging and emotional process, especially when it comes to handling financial assets like shares. This article aims to provide a comprehensive guide to selling shares from a deceased estate.
2. What are Deceased Estate Shares?
Deceased estate shares refer to the stocks and shares that were owned by an individual who has passed away. These shares become part of the deceased’s estate and are subject to the terms of their will or estate plan.
3. The Importance of Valuing the Shares
The first step in selling deceased estate shares is to obtain a current valuation. This valuation is crucial for several reasons: it helps in distributing the estate among beneficiaries, it may be necessary for tax purposes, and it gives an idea of the market value of the shares.
4. Legal Requirements and Executor Responsibilities
The executor of the estate plays a pivotal role in the management and distribution of the deceased’s assets. This section will cover the legal responsibilities and steps the executor needs to take to lawfully sell the shares.
5. Obtaining Probate
Before any action can be taken with the shares, it’s often necessary to obtain probate. Probate is a legal process that confirms the executor’s authority to deal with the deceased’s assets.
Transferring Shares into the Executor’s Name
Once probate is granted, shares may need to be transferred into the name of the executor. This process varies depending on the company and the type of shares.
6. The Process of Selling Shares
After completing legal formalities, the executor can proceed with selling the shares. This section will outline the steps involved in this process, including choosing a brokerage or financial service, understanding market conditions, and making informed decisions.
Deciding on the Right Time to Sell
Timing can significantly impact the returns from selling shares. Executors need to consider market conditions and financial advice to determine the best time to sell.
Completing the Sale
This subsection will detail the actual process of selling shares, including placing orders, handling transaction fees, and ensuring all regulatory requirements are met.
7. Navigating Tax Implications and Reporting
Managing tax obligations is a critical aspect of selling deceased estate shares. This section will explain the potential tax implications and the importance of accurate reporting for both capital gains tax and inheritance tax considerations.
Understanding Capital Gains Tax Responsibilities
When shares are sold, any profit made from the time of the deceased’s passing to the sale date may be subject to capital gains tax. Executors need to be aware of these implications and plan accordingly.
Inheritance Tax Considerations
In some jurisdictions, the value of the deceased estate’s shares might impact inheritance tax calculations. It’s essential for executors to understand these aspects in order to ensure compliance with tax laws.
8. Common Challenges and How to Overcome Them
Selling deceased estate shares can present unique challenges. This section will discuss common issues such as disputed wills, fragmented information about the shares, and market volatility.
Dealing with Disputed Wills and Beneficiary Disagreements
Disputes over the will or disagreements among beneficiaries can complicate the process. Executors must handle these situations delicately and legally.
Managing Market Volatility
Shares can be subject to market fluctuations. Executors should be prepared for this volatility and may need to consult financial advisors to navigate these waters effectively.
9. Tips for Executors Handling Deceased Estate Shares
This section will provide practical advice for executors, including the importance of seeking professional advice, keeping thorough records, and communicating clearly with beneficiaries.
Seeking Professional Financial and Legal Advice
The complexity of selling shares from a deceased estate often necessitates professional advice. This can range from legal counsel to financial advisory services.
Record Keeping and Communication with Beneficiaries
Maintaining transparent and thorough records is crucial. Executors should also prioritize clear and consistent communication with all beneficiaries to avoid misunderstandings.
Conclusion
Selling shares from a deceased estate is a responsibility that requires careful attention to legal, financial, and interpersonal dynamics. By understanding the process, staying informed about tax obligations, and tackling challenges head-on, executors can fulfill their duties effectively and respectfully.
- Instagram3 years ago
Buy IG likes and buy organic Instagram followers: where to buy them and how?
- Instagram3 years ago
100% Genuine Instagram Followers & Likes with Guaranteed Tool
- Business4 years ago
7 Must Have Digital Marketing Tools For Your Small Businesses
- Instagram3 years ago
Instagram Followers And Likes – Online Social Media Platform