People who use a last will for their estate plan should be aware of the process of probate and the role of the executor. Probate is a court supervised process to ensure that creditors of... Read more »
Your estate represents everything that you have worked for throughout your life. And, passing along your legacy to your loved ones will be your final act of giving to those that you care about the... Read more »
Part of the estate planning process involves the execution of documents that direct the transfer of assets to your heirs after you pass away. Most people will use either a will or a trust to accomplish... Read more »
Back in July the actor Sherman Hemsley died at his home in El Paso, Texas at the age of 74. We reported on this a while back and there is now some updated news to... Read more »
Imagine living with someone for 10 years as a committed partner. Your partner is diagnosed with a terminal illness and he or she creates the Last Will making you the executor and the sole heir. You have... Read more »
There are numerous reasons why people choose to avoid probate when they are preparing their estate plan. The one that is most commonly cited would be the fact that probate is time-consuming, taking up to... Read more »
Many of us grew up listening to “The Monkees” and watching their comedy sketch shows. Many of us remember the introduction to their television show (“Hey, hey, we’re the Monkees, and people say we monkey around... Read more »
In the United States, a decedent’s estate is potentially subject to an estate tax upon death. Whether or not the estate tax will apply, and the rate at which the estate will be taxed if... Read more »
When you lose a parent, it can be one of the most emotional times of your life. Despite the grief, there will be estate administration matters that must be addressed. If a decedent leaves a Last Will it... Read more »
A trust is often used as an estate planning tool in order to accomplish a variety of goals. At its most basic, a trust consists of a grantor (sometimes called a settlor, or trustor) who... Read more »
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