Do You Need A Trust Creation Attorney?
After a loved one dies, the estate goes through a process called probate. The probate process can seem mysterious, and many of its steps occur behind the scenes, so the heirs and beneficiaries may receive little information about what is going on. In many cases, the...
Executing a will can be a challenging and time-consuming job. Often, the most responsible or skilled person in a person’s circle is the individual’s first choice to execute his or her estate. As such, it makes sense to compensate the person for the time, skill,...
Many people will serve as executors at some point in their lives, designated to carry out the will of someone who has passed away. While many people agree to this responsibility, some may have limited ideas of what it entails or how to prepare. Here are some tips for...
When a person in California dies without a will or an estate plan, it can cause a world of problems for the people left behind. The estate will typically go through a long and expensive probate process as courts work to determine how any assets or liabilities should...
People often assume that only wealthy people need to have a will. Not only is that untrue, but also, people of all income brackets sometimes neglect to create an estate plan that outlines how their assets should be distributed. Reports recently hit the news that the...
Singer Whitney Houston's only child, Bobbi Kristina Brown, recently died, after inheriting only a fraction of her late mother's fortune. The 22-year-old woman had access to 10 percent of her estimated $20 million inheritance, which was placed in a trust. Bobbi...
Probate can be an extended process, and it is important to know key facts about it. Here are the answers to some questions.What is probate? Probate is the name for dealing with key transactions. These include transferring property from the estate of a person who died...
On one hand, estate administration sounds simple, as the will just needs to be followed so that everything is split up according to the desires of the deceased. However, the reality is that this process can be very difficult, especially when the two sides do not agree...
Being an administrator of an estate that is in probate can be taxing. It can mean a commitment of six months or several years. Having an attorney to assist while you are going through this can be a huge help. The legal representative will mean that you won't waste...
Estate representatives in California may want to learn about the availability of using probate referees during the administration of estates. Unique to the state, the probate referee system provides licensed professionals who are able to appraise property and assets...