Does Your Estate Have to Go Through Probate?
August 27, 2021
Every estate that holds titled property must be probated if title to that property is not transferred using some other wealth transfer method.
Every estate that holds titled property must be probated if title to that property is not transferred using some other wealth transfer method.
An appellate judge dubs probate court ‘the Unhappiest Place on Earth,’ as Disney heir Bradford Lund has lost an appeal stemming from his fight to claim his fortune.
For nearly 15 years, James Brown’s estate has been one of the most contentious legal cases in the entertainment industry, involving volleys of lawsuits among his children, his former romantic partner and its various administrators.
Losing a loved one can be difficult and overwhelming. The emotional toll is steep, and several time-consuming details need to be addressed. Even if the loved one left a detailed plan, it is not uncommon to miss a few things that must be handled.
When a loved one passes away, there are usually various arrangements that need to be made. One of the tasks to oversee will involve reporting the death to the Social Security Administration.
Understanding what happens to your debt when you die is an important part of estate planning—and you don’t have to be rich to have an estate. Everything you own and owe makes up your estate. For many people, that includes a house with a mortgage.
If the deceased has a will, it usually names a close relative, friend, accountant, attorney or financial institution to act as executor of the will.
People who need aid covering the financial costs of funerals for loved ones who died of COVID-19 may be eligible for up to $9,000 in assistance from the federal relief legislation that was enacted in March.
Aretha Franklin was initially thought to have died without a will, but now still another document that may represent her last wishes has been found.
While the tasks of dealing with an estate after someone passes may be simple administration, the work associated with it is often quite complicated.
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