Demystifying the Probate Process
Probate is the process by which a decedent’s property is transferred either under a Will or under the statute of descent and distribution by the Probate Court in the County where the individual dies. An ancillary probate court may be necessary if the decedent has property outside of such county….
What are Trusts and How can they Assist with My Estate Plan?
Trusts have long been used, even before the time of the estate tax. They can have several benefits, but are not right for every estate plan. Trusts are often used as a means of avoiding probate. Probate can be a costly and time-consuming process wherein the probate court oversees the…
The Role of Estate Planning
Why Create an Estate Plan? Estate planning is important for many reasons. Saving money, providing for loved ones, avoiding probate, and gaining peace of mind are some of the many reasons to create an estate plan. Creating an estate plan can also help you to evaluate your financial situation and…