My 40 years of experience tells me that roughly 70% of all Probates will have a home that needs to be dealt with. This can create many complicated issues that may create tension between the family. Let’s outline some of the most relevant issues that require some thoughtful consideration. For our fact pattern, let’s assume […]
If you are named as a beneficiary under a valid Last Will and Testament you have legal rights that you need to know about. Some of these rights are “time sensitive”, meaning you need to act and enforce those rights within a certain amount of time from the decedent’s death. The purpose of this Article […]
Life Insurance by definition is supposed to payout, at your death, to the “Primary Beneficiary”, simply by showing a Death Certificate and without the need for Probate. Four critical questions: 1) Why do some Life Insurance Polices end up in Probate? 2) Who will ultimately end up with the proceeds of the Life Insurance Policy? 3) […]
What is Probate? It is a process that is overseen by a Court to settle the affairs of a deceased person by which the validity of the Will is determined, the creditors of the Estate are paid, Taxes are paid and finally the assets are passed from the decedent to the beneficiaries named in the […]
