Category: Probate
Can you just show a will to the holder of the assets and take possession? No, you need to head to court. There are numerous misperceptions about how a will works. Attorneys often deal with people upset that it requires approval from a court before it is official, according to The Times Herald in “Wills […]
The amount of assets you have do not make a difference: you still need an estate plan. Very few people in the U.S. are wealthy, but they still need an estate plan, according to the Napa Valley Register in “New dad wonders about estate planning.” One thing people with limited assets should understand is that […]
Cash for expenses should be included in an estate plan. Some advice on how to plan for your family to access cash while your estate is being settled comes from South Africa by way of Personal Finance in “Will your family avoid a cash-flow crisis on your death?“. The advice is equally applicable in the […]
You can create your own will. However, mistakes can turn out to be costly. There are hidden dangers in creating your own will, according to The New York Times in “Wills Can Avert Family Warfare, but Have Their Own Hidden Traps.” Most Americans do not have a will but a greater percentage of Americans have them […]
Probate does not have to be an ugly word that calls up nightmares. One of the most frequent questions addressed to estate planning attorneys is how to avoid probate, according to Forbes in “Probate, Wills, Executors: Your Estate Planning Questions Answered.” Probate, which is actually just the type of court where a will or estate […]
A trust is where you place your big assets and that often includes your home. A question people often ask in estate planning is what goes into a trust and should your home be in it, according to a FOX News discussion “Why Should I Put My Home in a Living Trust?“. To understand the […]
You may still be able to protect your family interests even if you’ve waited. Should you be faced with the prospect of impending death you may still have the time to create an estate plans as NASDAQ recently posted in the article “6 Estate Planning Tips for Those Approaching Death,” including: Make sure to get […]
Estate planning can help make sure any transfer of wealth goes smoothly. Members of the Baby Boomer generation have made a considerable impact on the country and are about to make another one as they inherit from the previous generation and then pass it on to their children, according to Huffington Post Canada in “Estate […]
You do have an estate, and if you don’t have a plan, a court steps in and handles it … and perhaps not the way you’d like it done. We are all aware of the estates left behind by the very wealthy and don’t think of the term “estate” for the ordinary person, but as […]
Probate judge not in a hurry to push through Prince’s estate. As more people step forward to claim they are relatives of Prince, his half-siblings seek quick decisions, according to the Daily Mail in “New woman stakes her claim for slice of Prince’s $300million estate as she claims to be his half-sister, alleging the singer […]
