Probate is a largely misunderstood but generally feared concept. Over half of the respondents to a recent study said that they have no idea about the costs involved in probate, and that they perceive ...
My mom died just over a year ago, and I’m still knee-deep in probate. I’m barely average. The typical probate process to settle a will or the estate of somebody who dies without one takes 20 months, ...
Probate can be a lengthy and complex process, leaving executors eager to find ways to expedite it. Familiarizing yourself with the legal procedures and documentation required to settle an estate ...
Probate Initiation: An interested party, often a family member or creditor, petitions the probate court to open an intestate estate. Appointment of Administrator: The court appoints an administrator ...
When a loved one passes away and you know you need to get the probate court involved, oftentimes people find themselves asking where they begin. Further, people often wonder if they must get an ...
The neighbor, Joann, was a widow with no children. Joann's will specified that all of her assets would go to Sarah's dad and ...
One of the most effective tools in the estate planning process is a trust, which can offer significant advantages-including the ability to bypass the often lengthy and costly probate process. Trusts, ...
The Fast Company Executive Board is a private, fee-based network of influential leaders, experts, executives, and entrepreneurs who share their insights with our audience. BY Cody Barbo Probate, the ...
Q: A fairly wealthy friend of mine recently passed away. Supposedly, in his will he left most everything to his spouse. The problem is that she has been told by her lawyer it will take up to six ...
At some point in your lifetime, you may be a beneficiary in waiting. That is what beneficiaries of wills do – they wait for a will to be probated, they wait for information from the estate’s personal ...