Everyone knows that a life insurance policy is considered a "safe investment" and the best way to ensure that your family members are cared for after you pass away. However, for many people, the main question is, "Does life insurance go through probate?" The good news is that a life insurance polic...
When someone dies, whether or not they left a will, the person appointed as administrator or executor has a key role in managing the deceased's estate. As the estate's personal representative, they also handle the deceased's financial affairs and have a fiduciary duty to the beneficiaries and heirs....
Losing a loved one could be an overwhelming and challenging time, and dealing with the legal problems of settling the deceased estate could make it more difficult. You would navigate through a sea of emotions, and the last thing you would need to worry about would be how long do you have to file pro...
If you have been named successor trustee of a loved one's trust, it could initially be scary and overwhelming. There are many duties and responsibilities involved in trust administration, and you might carry the liability of your fiduciary duty. Trusts are powerful legal and investment tools...
Losing a family member or a loved one is a time characterized by intense and different emotions, and the idea of handling probate proceedings is a complicated and daunting task. Did the deceased leave a will that clearly states who the beneficiaries of their estate are and where they nominated an ex...
Typically, several key roles are critical for a last will to be valid, but it all begins and ends with the testator. Without the testator, there would be no last will and testament. Therefore, it's important to understand what a testator is, their responsibilities, and what you should need to...
Losing a loved one is one of the most challenging situations we can face in our lives. No matter how strong and emotionally prepared we try to be, navigating through this difficult time is never easy. And while nothing will truly ease the pain or lessen the grief, knowing what to do when someone die...
When a loved one dies, there are many things to handle. From managing your own grief to planning the funeral and handling the deceased's estate, it might feel like too much to do on your own. Knowing what is a probate lawyer and how they may help you handle the probate process smoothly and efficient...
When entering into a joint property ownership with someone else, you must consider many things, such as what share each of you owns and what will happen with the estate when one of the owners dies before the other. From a legal point of view, this is called the right of survivorship and affects b...
When someone dies, one of the most common questions that may come up is how much does an estate have to be worth to go to probate, which is a legal process that validates and settles a deceased person’s assets. Probate proceedings involve inventorying the deceased's properties, paying their deb...
When someone passes away, it is common for family members to ask questions about their loved one's financial assets. They might wonder: What to do with their bank accounts? Can someone withdraw from these accounts? What happens to their 401(k)? Who will deal with the financial matters? Who is respon...
After a loved one's death, you may suspect that the executor is not handling the estate properly. Below are some common examples of executor misconduct and what can be done to avoid such situations. Questions like these might have crossed your mind: How do I find out if the executor is mishand...
