Bypass Probate Courts! Establish a Living Trust Now

Posted by:

Most people simply want to leave their hard-earned money and other assets to those they love. But without the proper legal instruments (i.e., a will and a living trust), much of the money can get tied up in probate court and in the payment of probate fees.

A living trust can help you bypass the expensive and often unpleasant probate process. The probate process involves property appraisal, taking a home inventory, paying off outstanding debts and offering what’s left to heirs ...

Continue Reading →
0

Estate Planning Tips You Won’t Want to Miss

Posted by:

Estate planning can help ensure all the legalities are in place for passing on your estate after your demise. Making a plan in advance will alleviate any problems or issues with dividing assets to your beneficiaries. Here are some helpful tips in formulating your plan.

Prepare a will: Without a will, division of your estate can become complicated. A professional attorney can help you set up the legal documents for distributing your property as you desire.

Separate funds for specific expenditures: To ...

Continue Reading →
0

Weird Laws Across the Country That Are Still on the Books

Posted by:

Laws are designed to shape society and to encourage everyone to stay away from troublesome behaviors. But there are some weird laws across the United States that are still on the books. It would seem that they were put there by lawmakers who were in a fit of pique and irritated by a certain behavior. Following are some of these strange-but-true laws:

North Carolina: It is illegal to sing off-key, elephants may not be used to plow cotton fields, and serving ...

Continue Reading →
0

Learn the Basics About Probate and How It Works

Posted by:

It’s normal for someone to have questions about probate. Most will only deal with it once in their life, and it’s not something that is a topic of everyday conversation. Following are some frequently asked questions and answers about probate:

Q: What is probate?

A: Probate is a process that involves submitting a will or estate to the local court for oversight. It is used to prove that a will, if there is one, is valid, making an inventory of the estate ...

Continue Reading →
0

Trusting the Right Trustee

Posted by:

A living trust can be an expedient and efficient way to deal with your assets upon your demise.  Because it is often quicker and cleaner than probate, some will choose to create a living trust to ensure that their personal effects are properly distributed after their death.  But selecting the right trustee for such a responsibility can be very difficult.

Consider first and foremost if the person you have in mind has enough time, expertise, and organizational skills to take on ...

Continue Reading →
0