Losing a loved one not only brings a wave of emotions but can also leave families on shaky financial ground. If you are a surviving spouse, you might have heard of something called "Year's Support." And you might be wondering exactly what it is and how it can help you. In this article, we will co...
Disputes happen during probate when the person entrusted with the decedent’s estate — the personal representative — is suspected of mishandling the estate. If you’re one of the beneficiaries, you may think the personal representative is unfit for the role or acting in their best interests...
Coping with the loss of a beloved one is a delicate moment. But if, besides dealing with difficult emotions, you also have to take care of the deceased person's estate and financial affairs and make sure their last wishes are fulfilled, then you might feel overwhelmed. And that's when you might hear...
When buying a property with someone else, there are a few things to consider. First, you must determine how much of this property each of you owns. Second, you should clarify what happens if you or your fellow buyer die: who will get the ownership rights on the property? And in this whole equation, ...
After the death of a loved one, you will always hear words like executors, personal representatives, and administrators. If you are in the position of managing the deceased person's assets, you may be wondering what each of these three terms means. What are the duties of a personal representative vs...
Navigating probate real estate matters can be overwhelming, especially if you've been appointed as the personal representative. You may be at a loss as to where to start and what decisions to make in certain situations. Resolving conflicting interests among family members and satisfying creditor ...
Often, the heirs of a deceased person wonder how long does the executor have to pay the beneficiaries. However, you should know that several factors - such as the complexity of the estate, the deceased's debts, estate taxes, and any legal issues - influence the timing of the distribution of assets. ...
When a loved one dies after an illness that requires lengthy health care, the unpaid medical bills can be huge. Who is responsible for hospital bills after death? Do medical debts die with you? These are common questions our office receives and are often concerns that worry family members of a decea...
So, you've recently learned that a deceased loved one had named you the executor of estate on their will — Now what? Before you accept the role, you must be aware of the responsibility that goes with it, including having a thorough understanding of probate laws. You can easily be held person...
Power of attorney is an important part of lifetime planning. A POA is accepted in all states, but the rules and requirements differ from state to state. However, one of the main concerns is about what happens with the principal’s affairs when he passes away and who has power of attorney after deat...
When you've received an inheritance check, you may need clarification about how to cash or deposit the estate check when there is no estate. If you don't have a clear solution, this process can be complicated and result in frustration and dissatisfaction. Because this is a step-by-step process, we ...
When a loved one passes away and leaves a will, it will indicate the Executor or Co-executors, beneficiaries, and heirs. Plus, instructions on how the estate should be managed to accomplish the departed desires. Who Is Usually the Executor? What Is a Co-executor? When the deceased person leaves a ...
