A will speaks only at death. It offers no help if someone becomes ill or is unable to manage finances. Separate documents, such as a durable power of attorney, must fill that gap. A living trust names ...

Assets go through probate court on death due to misconceptions about how the law works and specifically how wills are used. A common misconception about wills is they avoid problems on death because ...

For many families, the administration of a decedent's estate proceeds quietly and efficiently. Assets are gathered, debts are ...

Probate is the legal process of administering a Decedent’s Last Will & Testament (“Will”), whereby assets owned by the Decedent at death are distributed pursuant to the terms of their Will, or if ...

We constantly hear from advisors that we should plan our affairs in such a way as to avoid probate. What does the phrase mean and what property is subject to the probate process? What planning is ...

In John’s case, a trust could have helped his family avoid probate, protect their privacy and minimize estate taxes when his father died. A trust is a legal document that allows you to retain control ...

Probate is a legal procedure through which a deceased individual's estate is administered and distributed. The probate process commences when the deceased individual's representative, known as the ...

In presentations regarding essential actions individuals should take regarding inheritance, emphasis is usually placed on drafting a will. This leaves unanswered what happens to assets that do not ...

Estate of Myers v. Commissioner 1 is an important estate-planning case as it suggests the Internal Revenue Service can pursue unpaid estate taxes against its choice of beneficiaries, probate or ...

Alejandro Hernandez, CEO of ARH Real Estate Group LLC, Expands Los Angeles Probate Real Estate Concierge Program for ...