What is Estate Litigation? If, after a person passes away, there are major disputes over how the deceased’s estate should be divided and distributed, a party may pursue litigation to resolve the dispute. This can happen if beneficiaries and/or family members disagree on the legitimacy of the will or the deceased’s wishes. Estate litigation…
Estate planning is the process of planning for what will happen to your property and other assets after you pass away. This includes designating individuals to receive specific assets and to carry out certain responsibilities, such as acting as the executor of your will. Here is a brief summary of the most important things that…
Why Hire a Professional to Handle My Inheritance? When you pass away, your loved ones are going to be going through a difficult time no matter what. You cannot prevent your loved ones from feeling the sadness of your loss, but you can at least make the administrative aspect of your passing easier on them…
Estate administration usually commences along with probate. An estate administrator is a court-appointed person, usually the deceased’s next of kin, who carries out the necessary administrative functions regarding the deceased’s estate in the event that an executor has not been named or the named executor is unable or unwilling to fill the role. …
Making a Codicil You can make minor changes to your will by making a codicil, which is a secondary attachment to the will as opposed to a change to the will itself. A codicil is appropriate for minor updates like a change in last name of a beneficiary who got married, for example. A…