The probate process is a court-supervised process of authenticating the last will of a deceased person. The process is required to pay the final bills and distribute the decedent’s estate. If there is no will, the probate process looks similar to an extent, but there are significant differences there too. Also, the probate process varies…Read More
A basic tool in any person’s estate planning is the will, which usually addresses not only your property and assets but also dictates who will care for minor children if both parents pass away. Wills aren’t really the best and final option for every estate, especially given that probate must occur before any assets are…Read More
In the context of estates, when a person dies, a probate or estate proceeding is often commenced in the county in the state where the decedent resided at the time of his or her death. This proceeding is often referred to as the “domiciliary probate.” However, when a non-resident decedent dies leaving oil and gas…Read More
Families who do not get along are common. Bad family dynamics should be considered when it comes time to do your estate planning, including your will or trust. Fractured relationships may cause you to disinherit that person, as unpleasant as it may be. Additionally, divorce, blended families, or addiction tend to change family relationships faster…Read More
In the context of estates, when a person dies, a probate or estate proceeding is often commenced in the county in the state where the decedent resided at the time of his or her death. This proceeding is often referred to as the “domiciliary probate.” However, when a non-resident decedent dies leaving real property and/or…Read More
What happens to a person’s estate if they die without a will? If you die without a will, you give up control of your estate to the state where you lived. The laws of your state will determine who your heirs will be and the state will choose the executor of your estate. In other words,…Read More
