Affordable. Accessible. Experienced.
Many people wonder what happens to a person’s debts when they die. The answer to this isn’t the same in every situation. Instead, it’s necessary to look at the specifics of the case to determine how the debt is handled. If the debt is secured, which includes homes and...
Estate administration can be a lengthy process that takes more than a year to complete. Individuals may need to have uncomfortable conversations with family members, spend hours on hold waiting to talk to creditors and attend various hearings in court. Not only do...
Ideally, when someone’s will is read and their estate goes through probate, the beneficiaries will receive exactly what is outlined in the estate plan. One major benefit of creating an estate plan is to ensure a smooth transfer of assets to the next generation. In...
It's a common practice for parents to name their adult children as the executor of their will. They likely believe their child is trustworthy and will administer the estate according to their wishes. If your parents name you as executor, it's imperative to understand...
Joint ownership is when two or more people share ownership rights to a property or asset. This legal arrangement can greatly affect how an executor or personal representative can administer a person’s estate. There are several types of joint ownership, each with...
The executor or personal representative of an estate has many responsibilities. They are at risk of removal from their position or possibly financial responsibility if they fail to fulfill any of the tasks associated with estate administration. They have to appear in...
As more of people’s lives and finances shift online, digital assets – including email accounts, online banking, social media profiles, subscription services and intellectual property uploaded to the Cloud – have become increasingly important. If these assets are not...
There are many reasons why people might initiate probate litigation. Some families have to take action because the personal representative abuses their authority or fails to perform job functions. Other times, concerns may stem from the estate planning paperwork, not...
Being the executor of someone’s estate is a big honor – but it’s also a big responsibility. Aside from the normal challenges that go along with making sure that an estate is properly probated, you may also have to deal with impatient, distrustful or even aggressive...
When a person who has an estate plan passes away, their estate administrator takes on the responsibility of handling the estate’s affairs. Throughout the process of handling the estate, it’s critical that the administrator follows the estate creator’s wishes. They...
