You are here because you are interested in learning more about estate planning, and one of the first places to start is probate. This is a legal process that can enter the picture when assets are changing hands after someone passes away. It is not … [Read more...] about Is Probate Always Necessary?
Probate Avoidance
What Is a Life Estate?
There are many different ways to facilitate asset transfers, and this is one of the reasons why you should work with an attorney to develop your plan. Each situation is different, and there is no one-size-fits-all solution, so you should take an … [Read more...] about What Is a Life Estate?
Protect Your Privacy With a Living Trust
A lot of people think that a last will is the right choice as an asset transfer vehicle unless you are a multimillionaire with estate tax concerns. In fact, this is nothing more than a commonly held misconception. Yes, it is true that high net worth … [Read more...] about Protect Your Privacy With a Living Trust
Beware of Risky Probate Avoidance Ideas
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 … [Read more...] about Beware of Risky Probate Avoidance Ideas