Often, in an effort to avoid the probate process and potential will contest, individuals establish trusts, where a third party, or trustee, is authorized to hold assets on behalf of a beneficiary. In most cases, the person creating the trust will remain in control of the assets in that trust until he or she becomes […]
Read More
Life is unpredictable, which can make it difficult to plan for the future. When it comes to estate planning, however, there are steps that we can take to help protect ourselves in the event of physical or mental incapacity. To learn more about putting a contingency plan in place to help protect your own interests, […]
Read More
When a person passes away, most of his or her assets will need to go through probate before they can be distributed, even when that individual has a will. There are, however, some exceptions to this rule. Life insurance plans, for instance, do not go through probate. Furthermore, beneficiary designations on these kinds of policies […]
Read More
When a person passes away, but has a will in place, the executor of his/her estate will distribute that individual’s property and assets, but only after the will has been verified and executed. This process can take a few months but is usually resolved relatively quickly if there are no disagreements about the disposition of […]
Read More
