Probate without a Will
Probate is a legal process which involve the validation of the will and last testament of the testator. The process commences after it has been filed with the probate court. After the court validates the will of the deceased, the executor can now go ahead to distribute the estate of the testator among his heirs […]
What Assets Need to Be Listed for Probate?
Probate Probate is a legal process which is carried out by the surrogate court. It is done to determine the validity of the last will and testament of a testator. The testator is the deceased person. In a case whereby the testator does not have a will, the court decides what happens to his estate, […]
Easy ways to avoid costly probate
What Is Probate? Probate is a process of “adjudicating” a will. It involves lawyers and judges and courts determining what the will really means and carrying out its instructions. It can be expensive. Ways of avoiding costly Probate 1.Transfer Property to a Trust Revocable living trusts or inter-vivos trusts were invented to help people bypass […]
What to know about Dealing with Debts and Mortgages in Probate
When a loved one dies leaving property, debts, and a mortgage, and if he did not have a living trust, probate is required to sort everything out. Probate is the process of paying off the deceased person’s final bills and expenses and transferring his property into the names of beneficiaries. Dealing with debts can begin […]
Carreer Description for a Probate Lawyer
Who is a Probate Lawyer A probate lawyer is a state-licensed attorney who advises personal representatives, also called executors, and the beneficiaries of an estate on how to settle the final affairs of a deceased person. A probate lawyer, also known as an estate lawyer or an estate attorney, is often responsible for walking a […]
The Probate process: Four simple steps
What is Probate Probate is the term for a legal process in which a will is reviewed to determine whether it is valid and authentic. Probate also refers to the general administering of a deceased person’s will or the estate of a deceased person without a will. Probate is a legal process that administers the […]
Probate Records for Documents and Wills
Meaning of Probate Probate is the term for a legal process in which a will is reviewed to determine whether it is valid and authentic. Probate also refers to the general administering of a deceased person’s will or the estate of a deceased person without a will. Probate is a legal process that administers the […]
To Freeze Yourself at Death, There’s an Estate Planning Trust for That
Maybe you’re intrigued by the thought of having your body scientifically frozen when you die, on the chance you’ll be revived one day. But the thought of having no ready access to funds when you become dissolved would have your head spinning like a polar vortex. From the good news you probably never thought you […]
Biden Tax hike causes wealthy Americans to panic over estate planning strategies
When an individual passes, their assets could be subject to estate taxes and inheritance taxes, depending on where they lived and how much they were worth. While the threat of estate taxes and inheritance taxes is real, in reality, the vast majority of estate are just too small to be charged a federal estate tax, […]
Estate Planning Checklist
An estate plan can be designed to take care of your family if something happens to you. With a carefully drafted set of estate plan documents, you can ensure that your wishes are fulfilled after your passing or incapacitation. Let’s look closer at a helpful estate planning checklist that can walk you through the process. […]