There is an incredible amount of wealth in the world, and all of it has to eventually get passed from its current holders to future generations. While this is something that has always happened, it’s more important today because we’re approaching the largest transfer...
The probate courts primarily exist to take action on behalf of people who can't take care of themselves. The probate courts oversee proceedings involving a person's estate. They also approve guardianships and conservatorships for those who cannot act on their own...
If you recently moved to Arizona, then you may assume the will that you drafted in your previous state is also valid here. That's not necessarily the case, though. There's a high probability that the same types of wills and their provisions aren't valid in both...
Creating and funding a trust can be a great way to plan your estate. Depending on your needs, a trust can serve a lot of different purposes. It can regulate how your beneficiaries use their inheritance. It can protect your estate from taxation or your assets from...
An estate plan may only take a few months to sort out, but it could also take years. One thing that can cause the process to drag on is when the heirs are contesting the plan or arguing over some portion of it in court. A probate end date If the case does wind up in...
When you agreed to be the executor of someone’s estate, you had no idea how time-consuming and costly the process would become. It’s draining your energy and your wallet. Is there any way to make the estate pay some of your expenses? Can you ask to be reimbursed for...
Everyone needs to have a will, but did you know that there are some things that you should not put into your will? You may think that a will is the perfect place for anything you want to distribute or talk about, but the truth is that there are some things that should...
If you are in the process of creating an estate plan or have already created one and wish to update it, you should be proud that you are ahead of the curve. Most Americans don’t have an estate plan in place, and that can create serious problems when the unexpected...
Being the executor or administrator of an estate involves a lot of different jobs. You have to locate the will or estate plan for the deceased person and file it with the probate courts. You will have to review their financial records, manage their financial affairs...
You love your child, but you aren’t blind to their problems. Maybe they have a substance abuse disorder, a gambling problem or just make one poor financial decision after another in life. You want to provide for them after you’re gone, but you’re worried that...