One of the essential steps in the probate process is filing an inventory of all the assets that are part of the estate. This job is the responsibility of the executor, and it’s often no small feat. It ...
When a loved one passes away and you know you need to get the probate court involved, oftentimes people find themselves asking where they begin. Further, people often wonder if they must get an ...
The article about Aubrey McClendon’s estate says that probate is usually for those who lack the means to plan their estates (“Oil Tycoon’s Probate Fight Enters Year 2,” page one, March 3). In fact, ...
Probate Initiation: An interested party, often a family member or creditor, petitions the probate court to open an intestate estate. Appointment of Administrator: The court appoints an administrator ...
The neighbor, Joann, was a widow with no children. Joann's will specified that all of her assets would go to Sarah's dad and ...
Probate court is a specialized type of court that deals with the property and debts of a person who has died. The primary function of probate court is to ensure that a decedent's estate is distributed ...
You may feel overwhelmed and even resentful. You can even refuse to take on the role, but if your relative named you because they trusted you above everyone else, you may feel obliged (1). If you find ...
One of the most effective tools in the estate planning process is a trust, which can offer significant advantages-including the ability to bypass the often lengthy and costly probate process. Trusts, ...
My mom died just over a year ago, and I’m still knee-deep in probate. I’m barely average. The typical probate process to settle a will or the estate of somebody who dies without one takes 20 months, ...