The death of a loved one is not something for which you can ever prepare. While you may expect it, you are never truly prepared for it. But, knowing what to expect regarding the estate after your loved one dies can help ease the transition and let you focus on the grieving process. The probate process can be a difficult one, so it’s important to know what lies ahead, especially if you are the executor of your loved one’s estate. If you have questions about anything regarding an estate or … [Read more...]
What is Probate Litigation?
The death of a loved one is a tragedy no one likes facing. Even if you are given time to come to terms with a loved one’s impending death, it can be a very sad, emotional time. What makes this time in one’s life even worse is facing probate litigation. Probate courts in each state are responsible for dividing assets among heirs after death. Typically, probate is a smooth process when there’s a straightforward will and everything is split among heirs in accordance with the wishes of the … [Read more...]
How Can I Avoid Probate and Why Do I Want to?
Probate is a legal process for distributing your estate after you die. It is overseen by the court. Therefore, it can be slow and expensive. It may mean that your loved ones have to wait, sometimes more than a year, to receive the money and property you want them to have and that they probably need right away because you are no longer around. And, it takes away from the value of your estate because it’s expensive. Luckily, it can be avoided if you plan ahead. Estate Planning Tools for Avoiding … [Read more...]