When a family member, or close loved one, passes away, the grieving process that follows often overwhelms the survivors. Focusing on even the most mundane of tasks can be difficult in the wake of a loss. If you were appointed as the Executor of the estate by the decedent, however, you must find a way to focus on the duties and responsibilities involved in probating the estate. To help prevent costly mistakes, the probate attorneys at Nash, Bean, Ford & Brown, LLP point out several common … [Read more...] about Top 5 Obstacles to Avoid during Probate
Although the primary focus of your estate plan may be to ensure that your estate assets are distributed according to your wishes after you are gone, there are other goals that you may wish to consider when creating your estate plan as well. For example, you may wish to consider the impact probate will have on your estate and on the people you leave behind. Specifically, it is wise to know which estate assets will be part of the probate process when it comes time to probate your estate. Toward … [Read more...] about Are All Assets Subject to Probate?
Celebrity estate battles frequently serve as examples of the importance of having a well thought out estate plan in place, as well as what can happen when you don’t have a plan in place. The fact that there is yet another “celebrity” estate battle making the news, therefore, should come as no real surprise. The identity of the “celebrity,” however, may come as quite a shock. Charles Manson, who died in prison last year, left very few assets behind; yet, several people have thrown their hat into … [Read more...] about Court Narrows Field to 2 in Battle Over Manson Estate
For most people, a Last Will and Testament is the first estate planning document they create. That same Will may continue to serve as the foundation of their estate plan for many years to come. If your Will remains the cornerstone of your estate plan, it might be time to consider another option if probate avoidance is important to you. A trust can accomplish most of the same goals as a Will while also offering a number of additional estate planning benefits, including probate avoidance. The … [Read more...] about Moline Trust Lawyers Explain How a Trust Helps Avoid Probate
Your estate plan is your opportunity to put down in writing what you wish to happen to your estate assets after you are gone. For most people, one of the strongest motivations for having an estate plan in place is to ensure that those wishes are honored. Unfortunately, the law does allow certain people to challenge the Last Will and Testament that you execute. Because a Will contest is only initiated after your death, you cannot defend your Will if one is filed. You can, however, take steps now … [Read more...] about Tips for Reducing the Likelihood of a Dispute over Your Estate
When you initially set out to create an estate plan your primary objective was probably to ensure that your estate assets would be distributed according to your wishes in the event of your untimely death. As both your estate and your family has grown, you may now be ready to add to that basic plan and create a more sophisticated and comprehensive estate plan that includes additional, yet related, goals. The Geneseo estate planning lawyers at Nash Bean Ford & Brown, LLP explain why probate … [Read more...] about Geneseo Estate Planning Lawyers Explain Why Probate Avoidance Should Be Part of Your Plan
Learning that someone close to you has passed away is rarely easy to accept, even if you were expecting the death. The same can often be said for learning that you were named as the Executor of the estate in your loved one’s Last Will and Testament. The thought of taking on the responsibility for probating an estate may seem rather daunting, particularly in light of the fact that you are still grieving the loss of your loved one. The good news is that help is available. Probate attorneys not … [Read more...] about Do Probate Attorneys Also Help During Probate Administration?
Like many people, you may choose to execute a Last Will and Testament as your primary method for distributing your estate assets after you are gone. You will undoubtedly spend a considerable amount of time deciding which assets you wish to gift to which beneficiaries in your Will. After your death, your estate will need to go through the legal process known as probate. During the probate process, someone could decide to challenge the validity of your Will by filing a Will contest. The estate … [Read more...] about Estate Planning Attorneys Explain What Happens When Someone Contests a Will
When a family member or close loved one dies, one of the first practical tasks people do is look for the decedent’s Last Will and Testament. What happens though if you can’t find a Will? Not everyone gets around to executing a Will before they die. If you recently lost a loved one, and are wondering what to do in the absence of a Will, a probate attorney explains what happens next. What Is Probate? When an individual dies, that person leaves behind a legal estate consisting of all assets owned … [Read more...] about Probate Attorneys Explain What Happens If the Decedent Didn’t Have a Will
The loss of a loved one is never easy. Nothing, however, can prepare you for the pain of losing your mother. No matter how old you are, nor how long and happy a life your mother lived, your mother’s death will be followed by a period of grief and loss. If your mother named you as the Executor of her estate, you must find a way to set aside your grief long enough to get started on probating her estate. Fortunately, help is available. The attorneys at Nash Bean Ford & Brown, LLP can help you … [Read more...] about Can Probate Attorneys Help Me Probate My Mother’s Estate?