The process of settling an estate can be long, complicated and at times, contentious. While there can be a lot to do to settle an estate in the months following the death of a loved one. It is important to keep the following tips in mind can help those in charge, namely executors and personal…
When a loved one has passed away without leaving behind a will (or a valid will) and the decedent’s estate was valued over a certain amount, formal probate will generally need to be opened to settle the estate. Although there can be a lot to do in probate, below, we will point out the fundamental…
Living trusts can be powerful estate planning tools that can offer a lot of benefits to trustmakers (or grantors), as well as their beneficiaries. However, living trusts are not for everyone. There may be some drawbacks to developing them in some cases. Below, we will explore the pros and cons of living trusts more closely.…