Probate is the legal process of proving the validity of someone’s will. So, that means when a property is in probate, there are various legal maneuvers that the inheritors of the property, the ...
It’s easy to create a plan to pass financial accounts directly to heirs before you die and avoid the probate process after death. All you have to do is complete a form from your financial institution ...
Probate is the court-supervised process of validating a deceased person’s will. It involves identifying the person’s final assets, paying last debts and distributing property to the proper heirs. And ...
A few months ago, my elderly neighbor died. He and his late wife were the original owners of their home, built around 1960. One day, as I was driving past the house, I noticed one of my former college ...
Are you a real estate agent looking for listings with little or no competition? Are you a home buyer searching for a below-market-price residence few other buyers know about? Can you keep a secret? If ...
A do-it-yourself form, newly created by the Legislature, will allow property owners to transfer land and buildings to their heirs without going through probate court — saving legal fees that ...
All intangible personal property of a decedent, such as stocks, bonds, bank accounts and closely held business interests, is taxable regardless of where it is located at the time of the decedent’s ...
Q: Eleven years ago, my wife and I set up a trust and know we must restructure it now. We did not place our home in the trust, as I felt we would sell it and move to a smaller home. Why do we need a ...
Before you invest time and money into probate avoidance strategies, it's worth taking a step back to understand whether this ...