A lot of people have heard that probate is something to avoid when you are planning your estate, because it is a hassle for the rightful heirs. There are a lot of expenses that accumulate during probate, and it is time-consuming. Inheritors usually do not receive their inheritances while an estate is being probated by the court, and it will take eight months to 18 months in most jurisdictions. … [Read more...]
The Anatomy of a Basic Estate Plan
A lot of people feel as though the estate planning process is a bit overwhelming. They avoid it because they do not know where to begin. There are various different ways to go about it, and the right strategy will depend upon the circumstances. This being stated, there is a basic framework that is universal, and we will look at it in this post. Asset Transfers The first order of business will … [Read more...]
