A will (which should be accompanied by other important documents such as advanced healthcare directive and financial powers of attorney) is a foundational estate planning document. However, according to Gallup, only 46 percent of US adults have a will. This number has remained consistent in Gallup polls dating back to 1990. If you are among the minority of […]
Without a valid will, a person’s estate passes to their surviving heirs under intestate succession (i.e., ‘succession without a will’).
What happens if you are named an heir in an estate but you don’t want it? Does it go the person’s children if you reject the inheritance?
A probate judge is an official of the county court system and a judicial official of the state, who decides civil court cases that involve the probate process.
Every estate that holds titled property must be probated if title to that property is not transferred using some other wealth transfer method.
For most of us, the first time we ever thought about probating a will is when someone in our family has died. So, what does it mean to probate a will?
Although there is considerable legal information and misinformation, it is generally understood that a last will and testament is the device used to distribute property after death. However, the why, how and when are less familiar.
Beneficiary designations, tying up loose ends, reporting last wishes—here’s what you can do now.
Even those with thorough estate plans might have neglected to discuss details with potential heirs.
The probate process refers to court proceedings that you have to go through when a loved one passes on, and they have left an asset in their name.