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 ...
Probate can be a lengthy and complex process, leaving executors eager to find ways to expedite it. Familiarizing yourself with the legal procedures and documentation required to settle an estate ...
This is the third installment of my seven-part series on major estate planning mistakes. The first two are here and here. Not avoiding probate. When an asset passes to others through a will, it has to ...
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What Is the Probate Process? | Finance Strategists
Probate refers to the legal process of settling the estate of a deceased person. This process can take anywhere from a few months to a couple of years, depending on several factors such as the size ...
My mom died just over a year ago, and I’m still knee-deep in probate. I’m barely average. The typical probate process to settle a will or the estate of somebody who dies without one takes 20 months, ...
Nothing is certain, it is said, but death and taxes. Yet, many Americans know surprisingly little about the legal process that follows a loved one’s death. A new report, titled The State of Probate in ...
When a loved one passes away and you know you need to get the probate court involved, oftentimes people find themselves asking where they begin. Further, people often wonder if they must get an ...
One of the most effective tools in the estate planning process is a trust, which can offer significant advantages-including the ability to bypass the often lengthy and costly probate process. Trusts, ...
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Do You Need Probate When a Spouse Dies?
The need for probate when a spouse dies depends on various factors. If assets were owned jointly, they often pass directly to the surviving spouse without probate. Similarly, assets like life ...
Christy Bieber has a JD from UCLA School of Law and began her career as a college instructor and textbook author. She has been writing full time for over a decade with a focus on making financial and ...
Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed various community and nonprofit organizations. She has conducted in-depth research on social and economic issues ...
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