What does it mean to lack capacity for probate and will contests?
Will A will is a legal document written by the testator stating how his estate should be managed after his death. The will enables the testator to decide what happens to his estate when he is no more. The testator names his heirs and beneficiaries in the will. If he wishes that part of his […]
How Much Does Probate Cost?
Probate is a legal system which has been designed to regulate the passing down ownership rights of the assets in the estate of a deceased loved one to his heirs and loved ones. Without the probate process, the assets remain owned by the deceased person and they won’t be accessible by his loved ones. This […]
Do All Wills Need to Go Through Probate?
Probate is a legal process with which the court uses to ascertain the validity of a will. There are various steps involved in the probate process. This process is initiated by the executor to the estate. The executor is a person that is named in the will by the testator; he is in charge of […]
Inheritance Tax: General enquiries
At the death of a person – the testator – his assets are distributed among his heirs and those he wishes to benefit from his estate. He controls the way which his assets are shared via his will. He prepares his will while he is still alive noting down every detail regarding his assets such […]
The Top Three Ways to Avoid Probate
Meaning of Probate Probate is the term for a legal process in which a will is reviewed to determine whether it is valid and authentic. Probate also refers to the general administering of a deceased person’s will or the estate of a deceased person without a will. Probate is a legal process that administers the […]
When is Probate Unnecessary?
Probate is a legal process which the court of law uses to ascertain the validity of the last will and testament of a deceased person. The probate process is the only legal means by which assets and titles are passed down from the deceased person to their heirs and beneficiaries. Without the probate process, all […]
Easy ways to avoid costly probate
What Is Probate? Probate is a process of “adjudicating” a will. It involves lawyers and judges and courts determining what the will really means and carrying out its instructions. It can be expensive. Ways of avoiding costly Probate 1.Transfer Property to a Trust Revocable living trusts or inter-vivos trusts were invented to help people bypass […]
Carreer Description for a Probate Lawyer
Who is a Probate Lawyer A probate lawyer is a state-licensed attorney who advises personal representatives, also called executors, and the beneficiaries of an estate on how to settle the final affairs of a deceased person. A probate lawyer, also known as an estate lawyer or an estate attorney, is often responsible for walking a […]
Probate Records for Documents and Wills
Meaning of Probate Probate is the term for a legal process in which a will is reviewed to determine whether it is valid and authentic. Probate also refers to the general administering of a deceased person’s will or the estate of a deceased person without a will. Probate is a legal process that administers the […]
Estate Planning Checklist
An estate plan can be designed to take care of your family if something happens to you. With a carefully drafted set of estate plan documents, you can ensure that your wishes are fulfilled after your passing or incapacitation. Let’s look closer at a helpful estate planning checklist that can walk you through the process. […]