What happens if your loved one dies intestate (without a will)? According to your state’s intestacy laws, a probate court will oversee the distribution process of the decedent’s property. Also known as intestate succession, it has similarities to the probate…
Probate sounds expensive and complicated, but it is simply a standard legal procedure formalizing how assets pass from a deceased person's estate to their chosen beneficiaries or heirs. Whether or not you require probate depends on the type of property…
In addition to marrying seven women, legendary talk-show host, Larry King had five children with several of them. He died at age 87 on January 23, 2021, after contracting Covid and then succumbing to an infection. Immediately after his death,…
Probate is a legal process that takes place after someone passes away and is conducted in probate court. Unfortunately, fewer people know that it can be a long and complicated process. It can sometimes take months, or even years, to…
This is a question we hear often. Learn what type of trust suits your specific situation and whether you need one. For example, maybe you have a disabled child and you want a trust to permit that child to inherit…
Consider a scenario in which your estate plan is all set. Making sure your family gets your home, savings, and investments fair and efficiently will be the task of this service. Your plan will also protect your legacy from your…
A tear streams down Kevin's cheek as he stands in front of Winnie's nursing home room. The medical staff just finished inserting a feeding tube into Winnie – an act Kevin knew she didn’t want. Unfortunately, Winnie couldn’t express her…
Legal disputes about wills and trusts, guardianships, and conservatorships can also influence family real estate and the authenticity of gifts. The most successful approach to mitigating or avoiding probate litigation risk is carefully planning for the future. Comprehensive estate plans…
A charitable trust is an irrevocable trust that provides income to heirs while benefiting you or a charity. If you are philanthropically minded with nonessential assets like stocks or real estate, a charitable trust can offer many financial advantages for…
A Power of Attorney (POA) document is an essential part of your estate planning. All states recognize powers of attorney, but rules and requirements will differ from state to state. The document gives one or more individuals the legal authority…