When someone dies, their estate needs to be settled. The process takes upwards of a year or longer. But why? Continue reading “Why Does Probate Take So Long?”
While it is an honor to be named as the executor of an estate, it can also be a daunting responsibility. Being a personal representative requires a lot of attention and organization to meet all the responsibilities. If you’ve been named as an executor here are some tips to help you from feeling overwhelmed.
Some California residents own homes in other states. It could be just over the border in Arizona or Nevada. Or it could be in a much more distant location. When owning homes in two states, it is important to take estate planning into consideration.
It is common for people to get their estate in order at the end of their life. Without an estate plan, heirs may need to pay avoidable taxes, spend time in probate, or even lose their inheritance altogether.
Many people understand that a will is important to pass on property to your heirs. However, most people do not understand that a will is a publicly available document.
Anytime someone believes they could get more through intestacy or a prior will, an incentive for a will contest exists. When creating your own will, it is important to be aware of situations that make will contests more likely.
I keep hearing about the high costs of probate. But is it really that expensive?