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, ...
Probate is the legal process of administering a Decedent’s Last Will & Testament (“Will”), whereby assets owned by the Decedent at death are distributed pursuant to the terms of their Will, or if ...
Estate Planning and Probate are crucial aspects of managing and transferring wealth. Estate Planning involves preparing for the distribution of an individual's assets upon their death or ...
Probate can be a lengthy and complex process, leaving executors eager to find ways to expedite it. Familiarizing yourself with the legal procedures and documentation required to settle an estate ...
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 ...
Estate planning is not just for the wealthy. Anyone with a bank account, house, car or other personal property should have a will. It is especially important if you have minor children in need of a ...
Before you invest time and money into probate avoidance strategies, it's worth taking a step back to understand whether this ...
In past weeks this weekly column has written about why you want to own your real estate until you pass away and the potential downfalls if you give your real estate to your kids before your death.
Probate can feel like stepping into a maze of legal paperwork, court deadlines and emotional decisions, often at one of life’s more difficult moments. Families suddenly find themselves juggling ...
Q: A fairly wealthy friend of mine recently passed away. Supposedly, in his will he left most everything to his spouse. The problem is that she has been told by her lawyer it will take up to six ...