Planning for what happens after you die might not be the most pleasant of tasks. However, it’s undoubtedly among the most important. Without an estate plan in place, those you…
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Everyone has an estate, and all of your property, both physical and intellectual, forms that estate. You don’t have to be rich or have a certain amount of assets to…
A trust is a legally created fiduciary arrangement designed for the security, growth, and division of assets. There are three distinct roles in a trust, with countless combinations of trust…
Probate assets consist only of assets owned by the decedent at death that do not pass automatically (i.e., by operation of law) to the intended beneficiaries. A person’s will deals…
Probate is the legal process that takes place after someone dies of proving the validity of a will or establishing who is entitled to receive the decedent’s property under state…
To the layperson, trusts can appear complicated. People often think trusts are only for the very wealthy. In reality, trusts can be useful for people of all income levels. A…
A person who dies is known as the “decedent.” A decedent who dies without a will is known as dying “intestate.” If a person dies without a will, a court…
Estate planners are often asked whether trusts are only for the wealthy. Though it is not necessary for some people of modest means to establish a trust, it can be…
