When a person dies with a will, it may need to go through probate. For loved ones, this may mean waiting a while before they inherit what the decedent wanted them to have. The probate process is something that many are not familiar with before having to become so....
estates, wills and probate litigation
What happens during probate?
After an individual dies, much of his or her property may have to pass through a series of legal steps before assets pass on to beneficiaries. Probate is the legal term for this process. If the deceased had a will, the designated executor, or personal representative,...
Three common reasons to contest a will
If you agree to serve as an estate executor or administrator for a friend or family member, you must pay estate expenses and distribute property upon his or her death. Usually, this process goes smoothly, but you may experience challenges if a third party decides to...
What happens if someone dies without a will?
Like many people, you may feel that estate planning is no urgent matter. Even if you are nearing – or past – retirement, you will likely think you can delay it if your health is good. Yet, having an estate plan in place will protect your assets and your loved ones in...
Why people procrastinate their estate planning process
Some people who do not have an estate plan may insist that they don’t need one and tell you that they never plan to draft one, but they’re in the minority. Most people who do not have a plan simply haven’t done it yet. They are procrastinating the process, despite...
Why people procrastinate their estate planning process
Some people who do not have an estate plan may insist that they don’t need one and tell you that they never plan to draft one, but they’re in the minority. Most people who do not have a plan simply haven’t done it yet. They are procrastinating the process, despite...
Leave passwords as part of your estate plan
Life has changed dramatically in the past few decades. Back in the early 90s, the internet felt like a novelty. Now it’s everywhere. People use it for banking, shopping, chatting, researching, getting their news, watching sports and almost anything else you can...
3 common estate planning errors
Contrary to popular belief, estate planning is not only for the wealthy. The reality is that just about everyone benefits by creating a solid estate plan. Those who fail to do so often find themselves facing unnecessary trouble. When crafting your estate plan, you...
Preparing for the unexpected: Advance care directives
Whether 21-years-old or 81-years-old, medical crises may occur at any time and can leave people unable to make decisions about their health care for themselves. Even if otherwise healthy, preparing for the unexpected and the anticipated effects of age and time may...
Charitable giving can be beneficial part of estate planning
There are a myriad of options for creating a comprehensive estate plan. Many people have the desire to gift part or all of their estate to a charity when they pass away. It is a selfless choice and can make a huge impact to the organization that receives it. Many...