Probate brings up plenty of worries for a decedent’s heirs. For one, they may worry that creditor debt collection during probate will leave them with no assets, threatening their financial stability, especially if the decedent was the family’s main provider....
When a person dies, their estate will be subject to probate unless they titled the assets jointly or the assets automatically pass to beneficiaries pursuant to a contract. Probate property includes all property solely under the decedent’s name, even those in the will....
For many people, the loss of a loved one is often a confusing and emotional time that can distract them from paying close attention during the probate process. However, if there are any issues with your loved one's estate during probate that require your intervention...
Undue influence is among the reasons the court can revoke a will. It occurs when the person making the will (the testator) is coerced, tricked or manipulated into making decisions without their free will. If you believe your loved one’s will was executed under undue...
Real property often constitutes the majority of someone's personal wealth. If you have to manage someone's estate and distribute their property to their family members, their real property may be the most valuable asset you have to handle. Sometimes, your main...
Your grandfather, mother or aunt may have recently passed away leaving behind an inheritance for you and your family – but it isn’t what you were expecting. You may have even been left out of the will entirely. You may harbor suspicions that your loved one’s will...
You and your siblings have had your fair share of arguments over the years. Fearing that their own passing will lead to serious family conflicts, your parents have created an estate plan. The goal is to give you instructions so that you don’t have to make decisions on...
Probate is the legal process that helps facilitate the transfer of assets following a death. This process can take a considerable amount of time. When problems arise, it can result in extended delays and increased frustrations. 1. Someone contests the will If a person...
When your parents pass away, they may have a will that tells you who in your family gets which assets. Even if they do, though, major assets -- like a family home -- may be left jointly to multiple siblings. Then, you and your siblings need to make all of the...
If you are required to execute someone’s estate, one of your first tasks after their death is to compile an inventory of assets. Getting it right is crucial, not least because you need to verify that it is true when you present it to the court. You have three months...