Forbes contributors publish independent expert analyses and insights. Bob Carlson researches all facets of retirement finances. About 70% of U.S. adults don’t have a will or trust, according to ...
Probate can be a real headache, and it’s something most folks want to dodge if they can. It’s not just about the red tape; it ...
We constantly hear from advisors that we should plan our affairs in such a way as to avoid probate. What does the phrase mean and what property is subject to the probate process? What planning is ...
Jehan Crump-Gibson is an accomplished attorney and founder of her own law firm, Greal Lakes Legal Group, PLLC, specializing in business, real estate, and probate law. With over 16 years of experience, ...
When you die, estate planners say, one of the finest gifts you can leave your heirs is a plan for avoiding probate. Probate ...
Unlike a will, a living trust does not go through probate, which can save time and reduce legal costs. This can help streamline the process of distributing assets to designated beneficiaries without ...
Many people assume that creating a Last Will and Testament is the final step in protecting their family and their assets.
One of the biggest mistakes people make with estate planning is to assume that estate planning means getting a document. Whether it is a will, a revocable trust, living trust, or any other document, a ...
This process begins with filing a petition in the county court where the deceased resided. The court receives the death certificate then validates the will, if one exists. Next, the court appoints a ...