Posts Tagged ‘Avoid probate’

Green "law" book

Can Probate Be Avoided?

The process known as Probate is essentially the filing of a lawsuit in Probate Court to settle an estate either according to the terms of someone’s Will or through the Laws of Intestacy, if they died without a Will. As Probate can be quite costly in terms of both time and money, this question often

Direction Trust Wills Arrows

WILL OR TRUST – WHICH ONE SHOULD YOU CHOOSE?

A Will and a Living Trust are two (2) separate and unique documents.  Consequently, there are several differences between them.  The most important difference is how these documents relate to Probate, which is the Court administered process by which the decedent’s assets are collected, their liabilities are liquidated, necessary taxes are paid and property is

What is probate? Probate wills.How to avoid probate. Executor responsibilites

PROBATE. WHAT IS IT?

In modern estate planning people often talk about avoiding probate, but not everyone understands what probate is or what it entails. The word probate refers to the Probate Court. While it goes by other names in some other states, every state has a court that administers the transfer of assets after a person’s death. In