Blog Posts in 2014
60 results found. Viewing page 1 of 3.
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Probate planning involves the distribution of your property and assets in the event that you pass away. You may be familiar with some of the basics of probate planning, such as developing a will that ...
Continue reading "Should You Use a Payable-On-Death Account?" »
Posted on Dec 30, 2014 By
A revocable living trust is one tool that is available for those planning their estates. It is used to determine who gets certain property in the event that the property holder dies. These types of ...
Continue reading "Do I Need a Revocable Living Trust?" »
Posted on Dec 16, 2014 By
In many instances, a married couple will own property together, which is known as joint property. What happens to this married property when one person dies? Some property may go through the probate ...
Continue reading "How to Avoid Probate with Joint Ownership" »
If you feel as though you did not receive the proper levels of compensation from a loved one in the estate administration process, it is possible to challenge the will. Challenging the will can be ...
Continue reading "Challenging a Will May Not Be Best" »
Posted on Nov 18, 2014 By
A revocable living trust is one tool that is available for those planning their estates. It is used to determine who gets certain property in the event that the property holder dies. These types of ...
Continue reading "Do I Need a Revocable Living Trust?" »
Posted on Nov 13, 2014 By
The purpose of probate is to legally wrap up a person's financial affairs after their death. For those that have not designated a specific individual to control their finances, their estate will ...
Continue reading "Tips to Avoid the Probate Process" »
Estate plans can oftentimes include provisions that give minors a share of the inheritance. Leaving significant money to an underage person comes with its own set of concerns, including how to ensure ...
Continue reading "How to Protect a Minor's Inheritance" »
Posted on Oct 21, 2014 By
The past fifteen years have opened up a common problem in probate courts concerning what happens with a person's digital asset ownership after their death. While pressure is put on a person to ...
Continue reading "Why Digital Media Should Be Considered in Probate" »
The purpose of a will is to ensure that a person's loved ones are taken care of in the event of their passing. But if a person has more debts than assets, can death transfer debts and cause ...
Continue reading "Avoid Transferring Debt After Death" »
Posted on Sep 23, 2014 By Probate.com
Probate is the process that occurs after a person has died that basically administers their estate through court proceedings. Their property and debts are assessed, taxes paid accordingly, and assets ...
Continue reading "Keeping the Family Home Out of Probate" »
Posted on Sep 9, 2014 By Probate.com
The recent passing of beloved actor Robin Williams has shed light on the importance of having an estate plan in place. With three different marriages and three children, Williams' estate could be ...
Continue reading "Robin Williams Chose to Use a Trust. Should You?" »
Posted on Aug 26, 2014 By Probate.com
A probate judge rejected Donald Sterling's claims that his estranged wife Shelly Sterling conspired with her attorney's to remove him from a family trust that owned the Los Angeles Clippers. ...
Continue reading "Probate Judge Approves Sale of the Los Angeles Clippers" »
Posted on Aug 13, 2014 By Probate.com
When it comes to the future protection of your loved ones and your hard-earned assets, it is never too soon to begin planning. Unexpected events happen in life all the time, and you wouldn't want ...
Continue reading "Old or Ill? Draft Your Estate Plan Before It's Too Late" »
Posted on Jun 25, 2014 By Probate.com
There are two different senses in which "living probate" can be used. One definition refers to conservatorship proceedings. In some states, if someone becomes incapacitated, the court might ...
Continue reading "What Is Living Probate?" »
Posted on Jun 18, 2014 By Probate.com
Do you believe you have a right to property that you inherited? Does another party, possible a potential buyer or a company with a lien on the property, think otherwise? If so, you may be able to ...
Continue reading "How Quiet Titles Can Clear Up Estate Plan Issues" »
Posted on Jun 16, 2014 By Probate.com
A joint last will is a single document shared by two people, a last will and testament that leaves all the pair's possessions to one another. A joint will is usually created by a married couple, ...
Continue reading "Is a Joint Will a Good Idea?" »
Posted on Jun 11, 2014 By Probate.com
Unlike a last will and testament, which is legally enforceable, an "ethical will" is a letter that you can write and leave to your family or friends when you pass away. Normally, individuals ...
Continue reading "What Is an Ethical Will?" »
Posted on Jun 9, 2014 By Probate.com
What happens if you don't have a will? What happens if a close relative wants to challenge the terms in your will? Depending on your state's laws, certain relatives could have a claim on a ...
Continue reading "About Inheritance Rights" »
Posted on Jun 6, 2014 By Probate.com
If you are in your second marriage, you will want to be careful when you are planning for the future of your estate. Oftentimes, individual that have been previously married have certain policies in ...
Continue reading "Estate Planning and Your Second Marriage" »
Posted on Jun 2, 2014 By Probate.com
When a loved one passes away, and it is time to take care of the estate, one needs to find their last will and testament and file it with the probate court. This task goes to the executor of the will, ...
Continue reading "Finding a Loved One's Last Will & Testament" »
Posted on May 29, 2014 By Probate.com
If you create an estate planning and then move to another state, it could present complications. Relocating often creates issues with estate planning and people wonder if they need to create a new ...
Continue reading "Relocating and the Complications of Estate Planning" »
Posted on May 27, 2014 By Probate.com
Depending on the state, your health care agent could be titled an attorney-in-fact, a health care proxy, or a surrogate. A person's health care agent is usually his or her spouse, partner, family ...
Continue reading "Deciding Who Will Be Your Health Care Agent" »
Posted on May 21, 2014 By Probate.com
If you are married, estate planning has direct implications on the future of your spouse. It is important to know what your objectives are in an estate planning in order to best reach them. One of the ...
Continue reading "Estate Planning Objectives for Married Couples" »
Posted on May 19, 2014 By Probate.com
In the intense aftermath of a loved one's passing, not only does an executor have to cope with their grief, but they also have the funeral or memorial service to arrange, plus numerous other ...
Continue reading "The First Steps an Executor Must Take" »
Posted on May 14, 2014 By Probate.com
Were you recently named a successor trustee? If so, this means that you are not the primary trustee working with an estate, but the back-up in case the first chosen trustee falls ill, passes away, or ...
Continue reading "What Is a Successor Trustee?" »
Posted on May 12, 2014 By Probate.com
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