Probate is known for being an unnecessarily complicated and lengthy procedure. Even when the estate being probated is fairly simple and straightforward, proceedings can go on for some time, depending ...
Avoiding probate can save your beneficiaries time, reduce costs and protect their privacy while your estate is being settled. You can keep your Connecticut estate out of the probate court system by ...
The probate process can be time-consuming, extending to several months or sometimes years. Additionally, it can be a costly due to court, attorney and executor fees. Plus, probate is a public process, ...
A probate court can handle the distribution of an estate’s assets, but it’s not always an efficient process. What Is Probate? What Is Involved in Probate? How Long Will the Probate Process Take? Can ...
Probate is the court procedure of proving a will after someone (the decedent) who has completed his or her last will and testament dies. If you have a will and pass away, you have passed away testate ...
Q. How can we avoid probate and reduce the estate tax for our beneficiaries, who are our two adult children? We know about payable on death (POD) bank accounts. Is it better to put our two houses in ...
Forbes contributors publish independent expert analyses and insights. Bob Carlson researches all facets of retirement finances. About 70% of U.S. adults don’t have a will or trust, according to ...
Of all the questions that we encounter, “should we avoid probate, no matter what?” is the most popular. The direct answer to that question is “no, absolutely not.” However, the better question for ...
Many families have a beloved out-of-state vacation home where many cherished memories have been made. Families often plan to pass these vacation homes down by putting them in a will. While this is an ...
Q: My wife and I have wills naming each other as beneficiaries, with our children as alternates. We are trying to understand whether we should have a Transfer on Death Deed drafted and filed in order ...
Having a probate court wade through your estate can be time-consuming, stressful, and expensive. It can also be a public spectacle if disputes develop. Fortunately, there are numerous strategies to ...
Q: I am retired and unmarried, and I have three children who live in other states. They don't get along very well. I'm trying to avoid probate when I die so that there will be nothing my children need ...