Posts Tagged ‘Probate’

Last Will and Trust

WHY DO YOU NEED A WILL?

With numerous celebrity deaths in recent months, you’ve probably heard a lot about Wills and Probate. And you’re probably aware of the problems that can arise when someone dies without a Will. Were you to die intestate – that is, without a Will – you won’t have an executor, who is the person who manages

Clipboard w Blank Check List stock Photo by Stuart Miles & freedital photos

HOLIDAY TO DO LIST

We know you don’t need to add to your holiday To Do list but when is there a better time to be thinking about your family’s future?  Creating a Will could be the best gift you give them.  A Will allows you to determine how your assets are distributed and who is going to be

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