Blog Posts in 2013
86 results found. Viewing page 1 of 4.
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If you have been drafting a will, it is important to note that this official document cannot accomplish every single thing that you may desire to do regarding your estate plan. You may want to make ...
Continue reading "When a Will Won't Work" »
Posted on Dec 30, 2013 By Probate.Com
If you choose to use a living trust as a part of your estate plan for the future, then you will be required to appoint a trustee. The trustee that you appoint will be required to manage your financial ...
Continue reading "Who Can be the Trustee in Your Living Trust?" »
Posted on Dec 17, 2013 By Probate.com
Many people leave funds behind them in a retirement account, so who would inherit this money? Sometimes, thankfully most times, the answer will be straightforward, but in other cases, determining who ...
Continue reading "Retirement Accounts and Estate Plans" »
Posted on Dec 13, 2013 By probate.com
Revocable living trusts are slowly becoming a very popular estate planning option, especially among the Baby Boomer generation. While wills are the most traditional estate planning document, more and ...
Continue reading "Important Things to Know About Living Trusts" »
Posted on Dec 12, 2013 By Probate.com
While having a living trust carries the wonderful perk of getting out of probate, this will not be a necessity in every estate plan. There are a number of drawbacks and benefits to having this as part ...
Continue reading "When a Living Trust Is Not Necessary" »
Posted on Dec 5, 2013 By probate.com
If you desire to contest a will, then you are going to want to get the right attorney on your side to help you. Without the right attorney there to assist you, you may end up unable to get your ...
Continue reading "Do You Want to Contest a Will?" »
Posted on Dec 5, 2013 By Probate.com
Whether you are a couple who is in the midst of contemplating a divorce amidst the craziness of the holidays, or whether a divorce has already occurred in your past, it is vital to understand how a ...
Continue reading "Divorce and Your Will" »
Posted on Nov 29, 2013 By Probate.com
A bequest is the act of giving property written into a will. Normally, a bequest is used if personal property. Similar to a bequest is a devise, which is a gift of real property, rather than personal ...
Continue reading "All About Bequests" »
Posted on Nov 29, 2013 By Probate.com
When you want to bequeath an inheritance to a loved one with special needs, then you want to be sure that you are doing so in a way that does put their Supplemental Security Income and Medicaid ...
Continue reading "Special Needs Trusts" »
Posted on Nov 22, 2013 By probate.com
It may sound absurd to refuse any inheritance, but in reality there are times where it would be discretionary to turn down a sum of money granted to you from a decedent. There are many reasons why a ...
Continue reading "Should You Refuse an Inheritance?" »
Posted on Nov 21, 2013 By Probate.com
As simple as it may have sounded to the will-maker, bequeathing property to their children can be a complicated matter if they did not specify these beneficiaries by name. Did they mean stepchildren ...
Continue reading "Who Is Included in the Phrase "My Children"?" »
Posted on Nov 15, 2013 By probate.com
When a decedent passes away, his or her administrators and beneficiaries may be held responsible to cover any debts that need to be paid. Settling the debts of a loved one can prove to be very ...
Continue reading "Dealing with Debts After Death" »
Posted on Nov 15, 2013 By Probate.com
This is one type of "property control trust", which means that there are conditions or regulations placed on the trust. A spendthrift trust safeguards the property from a beneficiary who ...
Continue reading "What Is a Spendthrift Trust?" »
Posted on Nov 8, 2013 By probate.com
There is no way around it; undue influence is an instance of elder abuse. If someone forces their influence on a sick or older person who is creating a will, this is committing fraud and theft, taking ...
Continue reading "What Is Undue Influence over Making a Will?" »
Posted on Nov 1, 2013 By probate.com
First of all, are these even wills? A handwritten, or holographic will does not come up in probate court very often, but whether or not it will actually count as a will depends on the state where this ...
Continue reading "Understanding Holographic Wills" »
Posted on Oct 25, 2013 By probate.com
A life estate is one of the various forms through which a person can hold ownership in a piece of property. If a person holds property using a life estate, then that person has the right to possess, ...
Continue reading "What is a Life Estate?" »
Posted on Oct 24, 2013 By Probate.com
It can be an honor to have been so trusted by a loved one that you were named their executor. You might even have been surprised by the news. You may also feel trapped or daunted by the decision, ...
Continue reading "Do You Have What It Takes to Be an Executor?" »
Posted on Oct 18, 2013 By probate.com
According to Reuters, more and more parents are considering staggering their children's inheritances so that they individuals do not get a massive lump sum of money and spend it all at once. One ...
Continue reading "Staggering Inheritances in Estate Planning" »
Posted on Oct 17, 2013 By Probate.com
A will that includes a "self-proving affidavit" can streamline the process of proving a will. This affidavit is a sworn statement made by witnesses who watched the will-maker sign their ...
Continue reading "What Is a Self-Proving Will?" »
Posted on Oct 11, 2013 By probate.com
Estate planning is crucial for the owners of a family business, as failing to prepare could result in the determent of the company. If you have not already drafted an estate plan that discusses the ...
Continue reading "Three Tactics to Transfer Your Family Business" »
Posted on Oct 10, 2013 By Probate.com
What Happens when there Is No Will After you pass away, the executor is the one who protects your assets, pays off debts, files taxes, and divides assets according to your will's instructions. ...
Continue reading "When a Court Will Choose the Executor for You, Whether Or Not You Have a Will" »
Posted on Oct 4, 2013 By probate.com
In the eyes of the law, college students over the age of 17 are now adults. This means that they need to have their own estate planning documents. The Wall Street Journal reports that once individuals ...
Continue reading "Why College Students Should Have an Estate Plan" »
Posted on Oct 3, 2013 By Probate.com
Not only is it vital to make provisions for when you pass away, but it is important to make plans in the event that should you become incapacitated. Creating a financial power of attorney is a benefit ...
Continue reading "Durable Financial Power of Attorney" »
Posted on Sep 27, 2013 By probate.com
If you are a veteran, then estate planning involves several different aspects for you. According to Estate Planning, veterans are often eligible for pensions. These include a veteran's pension. ...
Continue reading "Estate Planning for Veterans" »
Posted on Sep 26, 2013 By Probate.com
When you create your estate plan, doubtless you are thinking of the property that you want to bequeath, and the financial assets that you want to leave behind to loved ones and charity. Some things ...
Continue reading "Have You Thought About Your Digital Assets?" »
Posted on Sep 20, 2013 By probate.com
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