Senior Citizens Face Loss of Buying Power, Study Shows
Inflation affects all consumers, but older Americans are facing an especially dramatic loss of buying power.
Probate: Understanding the Process
During probate court, a person's will is validated and the executor is responsible for handling the decedent's assets, debts, and final tax filings legally and according to the decedent's wishes. To begin probate, a personal representative or executor must file…
Are Probate Attorneys Representative of Estate Heirs or Executors?
Knowing the lawyer's role is one of the most important steps you need to take before the probate process begins, whether you are the Executor or an heir. One of the biggest sources of conflict in probating the estate is…
How Does Estate Administration Work?
The estate administration process involves managing a deceased person's assets and distributing them to their beneficiaries. This process typically includes identifying and inventorying the decedent’s assets, paying debts and taxes, and distributing any remaining assets to the beneficiaries named in…
Probate: Understanding the Process
Although probate can be minimized or avoided with thoughtful estate planning, sometimes it is required despite its negative reputation. In reality, most heirs will have to navigate the probate process to some degree after losing a loved one. Understanding what…
A Guide to Determining If You Need Probate
Probate is a standard legal procedure that formalizes how some assets pass from a deceased person to his or her chosen heirs or beneficiaries. Whether or not you require probate depends on the type of property and how you own…