Month

November 2017
A revocable trust is a great opportunity while you are alive to designate exactly how you would like your estate, including property and assets, to be handled in case you become incapacitated or if you should pass away. Revocable trusts are not just for the rich and famous. They are an important component for all...
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Probate is the legal process where authority over your property is passed to someone else under court supervision and control. After the court determines that your will is valid, the personal representative is responsible for taking control of your assets, notifying and paying any creditors, filing income and estate tax returns, and distributing your property...
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Probate administration refers to the handling of an estate of a person who has died. Whenever a person dies, their estate needs to be collected and managed. Estate administration involves gathering the assets, paying the decedent’s debts, and distributing the remaining assets. Without a basic understanding of the estate administration process, the whole experience can...
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Most people are familiar with the legal term “power of attorney,” but many do not realize how important it is to designate another party to handle their affairs in situations where they are not able to do so. When you least expect it, your life can take a turn for the worse, putting you or...
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