Colors of the Rainbow and Their Meanings. The rainbow is a beautiful natural phenomenon; knowing the significance of each of the colors of the rainbow makes it even more beautiful. While Nature or God has created this glorious natural phenomenon; philosophers have given a meaning to its colors.
Minimum Length of Time. Keep the records and papers for any settled estate for at least seven years, if an estate tax return was filed. That is the Internal Revenue Service recommendation for any financial transactions. Under IRS rules, that is the end of the statute of limitations for any kind of auditing.
So, how long does a real estate license last? Thatâs a fairly common question, but it has no set answer. It canât really be answered without specifying what state you are talking about. You see, the time frame varies from state to state. More importantly, every state has rules and regulations regarding a real estate license. Once you have passed the real estate licensing exam, your license is good for as long as you keep it valid. If you allow it to lapse, you may have to take the licensing exam again, depending on the state.