How to Navigate the Probate Process
As defined by the American Bar Association (ABA), probate is the legal process by which a will is granted formal recognition, and the personal representative (executor) is appointed to administer the estate. Navigating the probate process will vary according to state law. Therefore, it is good to contact a probate lawyer to determine if the […]
Creating a Will for Blended Families
It is common today for families to have stepchildren, and in cases of inheritance, stepchildren are often treated the same as biological children. This is particularly true where stepchildren are part of a blended family from an early age. Biological siblings may have different feelings about a stepchild inheriting what they perceive is theirs as a […]
Risks Involved with DIY Wills
You can name a personal representative (executor) in your will to carry out your wishes after you pass away. When your will is properly filled out, it will address who will inherit your assets and properties. In addition to asset distribution, your executor makes a public notice of your death, files your final taxes, and […]
A Guide to the Probate Process
The loss of a close relative is one of life’s most emotionally stressful events, in addition to dealing with the deceased’s estate. This part can be especially overwhelming. The process of proving to a probate court that the deceased’s last will and testament is valid and then administering their estate can be confusing and intimidating. […]
What is a Will?
A will is a legally binding document stating who will receive your personal property upon your death and is an important part of a comprehensive estate plan. If you die without a will (intestate), the state will distribute your assets and property via state law and quite possibly at odds with your wishes. Having a […]
Understanding the Probate Process
Probate is the legal process for authenticating a deceased person’s will, reviewing their assets, paying their outstanding debts and taxes, and distributing what remains to their inheritors. After an asset-holder dies, the court will appoint a valid will’s executor to administer the probate process. In the absence of a will, the court will appoint a […]