When you create a will, you will have to name personal representatives. These representatives will be in charge of you estate after you pass on, and will be in charge of the distribution and ...
Continue reading "Swearing in Your Personal Representative in Probate" »
Posted on Aug 30, 2013 By Arnold & Itkin LLP
In most cases, parents will not leave property or assets directly to their minor children, but will instead name the other parent as the beneficiary. In this way that parent will have all the ...
Continue reading "How to Pass Down an Inheritance to Young Children" »
Posted on Aug 30, 2013 By probate.com
If property is tied up in probate, this can mean months of stress for your loved ones. If you have property held in a living trust, however, this property can evade probate. With a living trust, you ...
Continue reading "Understanding Living Trusts" »
Posted on Aug 23, 2013 By Probate.com
Estate planning can be complicated, and for the average American all the legal language and the many stipulations can be overwhelming. Estate planning is all about getting your financial affairs in ...
Continue reading "Making Estate Planning Easier" »
Posted on Aug 22, 2013 By Probate.com
As individuals get older, they sometimes lose the ability to make wise decisions regarding finances. In some cases, an adult child may need to have a tough conversation with a parent, explaining that ...
Continue reading "A Durable Power of an Attorney Taking Over a Parent's Finances" »
Posted on Aug 16, 2013 By Probate.com
Leaving a will is a wise thing to do for many reasons. This can include providing for the future of loved ones, handing heirlooms down to posterity, and wrapping up your affairs for when you pass. Of ...
Continue reading "What a Will Cannot Do for You" »
Posted on Aug 16, 2013 By Probate.com
Beneficiaries can be disappointed or dissatisfied with the way that they handle their funds, and this can cause complications in the estate planning process. Even professional fiduciaries like trust ...
Continue reading "Can an Estate Administrator Be Held Liable for Errors With an Estate?" »
Posted on Aug 9, 2013 By Probate.com