Disclosure: We are not attorneys; we have gathered this information from numerous sources. We suggest you consult a licensed and authorized professional before making any important or final decisions.
Probate
IN AMERICAN CULTURE, THE WORD
“PROBATE” IS FEARED AND AVOIDED.
WHY?
Probate, Should it be Avoided?
Most people generally fear Probate, which is often based on publicity or misunderstood information. The press and numerous articles explain the hazard of Probate and the underlying expenses which could wipe out an estate. Are these real or imagined concerns? The answer is quite simple; it all depends. It depends
on the size and complexity of the estate. It depends on instructions from the will of the decedent. It depends on the state of residence of the decedent. It depends on where the assets are located. It all depends, etc., etc., etc
- Who is in charge of the Probate process?
- Do I need to hire an attorney to go through Probate?
- What’s does formal and informal administration mean?
- How much does Probate cost? How do I control costs and expenses?
- How long does Probate take?
COMPLIMENTARY EBOOK
Wills and Trusts
Many varieties of trusts exist, and it is important to understand how each may
affect your desired goals.
- The Basic Will
- The Pour-Over Will
- The Will and Contingent Trust
- A-B, Credit Shelter Trust Will
- Testamentary Trust
- QTIP Trust
- ILIT Trust
- Living Trust