If you own any property at all, you probably know about estate planning. You can decide what happens to your assets after you die, of course. But sometimes, people don’t pen a will or trust before ...
Finding a valid will years later begs the question: is it too late? Let's imagine Sarah. While going through some old papers, ...
In financial law, an "estate" refers to all of the assets and property owned by someone who has died. However, this definition can have a few different applications depending on where in the estate ...
What Does a Probate Attorney Do? Probate attorneys wear many hats — their day-to-day responsibilities vary considerably, depending on state-specific probate laws and the presence or absence of a will.
One of the most effective tools in the estate planning process is a trust, which can offer significant advantages-including the ability to bypass the often lengthy and costly probate process. Trusts, ...
Probate is the legal procedure that takes place after a person's death to ensure that their will is valid, their debts are paid, and their assets are properly distributed to their heirs or ...
The neighbor, Joann, was a widow with no children. Joann's will specified that all of her assets would go to Sarah's dad and ...
This article appears in the June 2021 issue of Advisor’s Edge magazine. Subscribe to the print edition, read the digital edition or read the articles online. The Ontario government’s simplified ...
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