Daily Archives for February 6, 2017

Is Digital Transcription Done by a Machine Completely Dependable?

If you think that digital transcription done by a machine is fast, affordable and dependable, then you need to reconsider your thoughts. Machines can probably transcribe speech that is concise, clear and free from any particular accent.

Computers sometimes perform digital transcription of speech which is exactly opposite of that said in the audio, which results in the wrong interpretation of the speech. It sometimes skips significant or connecting words and can add words that change the entire meaning that is conveyed in the audio.

Sometimes it so happens that the gap in the speech is transcribed with words that are randomly generated by the system. Although these type of commissions are not seen often but machines sometimes commit such mistakes.

Poor punctuation and general formats cannot be avoided with machine transcription. It also happens that crystal clear conversations or speech is not transcribed correctly. It is hard for machines to transcribe audio that is too quick or too slow.

Often device generated transcripts prove to be detrimental to students that try to follow the speech with the help of subtitles with words either omitted and unwanted words added and wrongly punctuated.

Editing a transcript is often time consuming with machine transcription when compared to manual transcription that can be done easily from the scratch. Hence it is advisable to use manual digital transcription services when it comes to important and confidential speech and audio transcriptions.

Manual transcription is always reliable, and 100% accurate as the transcriber will try to transcribe that is heard in the audio and will not add any extra words or do not omit important words from the speech.

All About Benefits of An Estate Plan

Estate planning is the process of anticipating and arranging, during a person's life, for the management and disposal of that person's estate during the person's life and at and after death, while minimizing gift, estate, generation-skipping transfer, and income tax.

One of the largest benefits of having a plan is reduced estate taxes. Due to the fact that once these assets are gifted, they can no longer be held against the value of the estate, the property taxes will inevitably decrease. It is also used to preserve an estate for the benefit of heirs. In addition to this, it is used to maintain control over the distribution of assets. You may contact to Newton elder law attorney via http://www.rubinhay.com/.

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The ultimate goal of estate planning can be discovered by the specific goals of the customer, and may be as easy or complex as the client’s needs state. Guardians are often designated for small children and beneficiaries in incapacity.

Estate planning is also defined as the collection of preparation tasks that helps to manage an individual’s asset base in the event of their incapacitation or death, including the bequest of assets to heirs and the settlement of estate taxes.

But the biggest benefit is the peace of mind having a complete estate plan will bring. Knowing your spouse and family are cared for and won't have to deal with sticky legal issues is by far the biggest benefit. Estate planning enables the individual to ensure that particular individuals receive certain assets that you may have.