Wills are arguably the most commonly known tool within an estate plan. However, there are additional options, such as trusts. In fact, they can benefit certain estate holders, depending upon the estate and intended outcomes. For those who choose to utilize a trust, it...
The ideal for the legal system in many ways is equal treatment for everyone under the law. However, people of different backgrounds have different concerns they need to address. That is certainly true in estate planning, where women may have to consider a different...
When a will goes through the probate process and someone challenges its contents, they may do so because they believe the person who drafted the will was a victim of “undue influence.” Similarly, the concept of undue influence can arise in a number of...
Timeshares are a booming business in Florida. The industry recently experienced its ninth consecutive year of growth, making it abundantly clear that people in Florida and around the country have a vested interest in these investments. Timeshares are hotbeds...
If your Uncle Bob named you as his personal representative in his will, you must oversee which of his assets go through probate and which do not, now that your uncle has passed away. Once you read the will, you will know the extent of your uncle’s estate and how...
One of the most mysterious processes is probate. While it is a familiar term to many, it is not necessarily understood.When someone dies, whether there is a will or not, most states require the will go through probate court. While the process can take time, it does...
Having a proper estate plan in place is vital, even for parties with limited assets. People work hard to establish their assets, and therefore have the right to determine what happens to those assets when they are gone.A proper estate plan must have an instrument in...
Perhaps a close relative of yours recently passed away, and his estate must now go through the probate process.You are a beneficiary in the will. You have heard the term “interested person” in connection with probate, but what does this mean? ...
When a loved one passes away, the aftermath can be confusing and stressful. The probate process can leave you feeling uneasy and impatient. If you do not approve of how the personal representative handles the estate, you may wonder if it is possible to have the...
It is a widespread belief that probate essentially takes forever to complete. But is this true? The truth is that the duration of the probate process depends on a variety of factors, including whether there is a will, the complexity of the assets, the number of...
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