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There is a misconception that when a person dies, all their assets are immediately divided among the heirs named in the will. This is far from the truth. Instead, the estate passes into probate, the legal process of managing the assets. Depending on the size and...
People often put off estate planning because they don’t want to contemplate a time when they won’t be around or even a time when they won’t be able to care for themselves. By having an estate plan, however, you can take control over these things while you’re able to...
As individuals age, their needs may evolve, requiring families to consider various options to maintain their well-being. One crucial concern that often arises as individuals reach advanced age is the question of guardianship. Guardianship is a legal arrangement that...
One of your duties as an executor is to ensure the estate's beneficiaries are reasonably informed. Failing to communicate effectively or altogether can lead to misunderstandings. The beneficiaries can go to court to remove you for this. Therefore, you should be...
When a loved one dies and the funeral is over, there is a lot of work to do. If the estate is to go through probate, it could be months before everything is settled. You might not want to wait to take something you know you are due to get. Can you just take something...
If you have a minor child, guardianship designation should be one of the documents in your estate plan. It's crucial to appoint someone to take care of them when you are unable to. But who should you choose? The choice is yours; you can pick a family member or close...