Probate eats up lots of time and money, but there are ways to avoid it. Here are 7 expert tips.
Dedicated estate-planning and probate attorney Michael Smith, founder of Smith Barid, LLC, warns that families often face unexpected tax liabilities during probate due to overlooked income, capital ...
Did your father give you a nominal bequest but gave his favorite daughter the bulk of the estate? Were you bequeathed the family dog and $10,000, but your mother’s boyfriend of six months was to ...
Probate Initiation: An interested party, often a family member or creditor, petitions the probate court to open an intestate estate. Appointment of Administrator: The court appoints an administrator ...
My mom died just over a year ago, and I’m still knee-deep in probate. I’m barely average. The typical probate process to settle a will or the estate of somebody who dies without one takes 20 months, ...
Don't let common inheritance myths derail your family's future. Learn the truths about taxes, wills, and assets so you can ...
Plus, we explain how to apply for probate and speed the process up HOUSEHOLDS face delays of up to a year to get probate granted following major changes to Inheritance Tax (IHT) rules by the ...
Q. I was told that unlike wills, a trust doesn’t require probate and is not taxable. My main asset is a house that I want to pass on to my son. Would a living trust help? — Planning A. We’re glad ...
House Bill 2445 aims to stop third parties from unfairly profiting from dead strangers' estates.
Bereavements are always difficult to deal with but even more so when they are accompanied by excessive bureaucracy and ...