Losing a loved one is always difficult, and there are often additional challenges after someone’s passing when sorting through the decedent’s affairs. When someone dies, their assets are evaluated by the probate court so beneficiaries and outstanding debts are identified. The first document the probate courts request is a Last Will. In the case no … Continued
Estate planning is often overlooked by just about everyone. People go on with their lives without a plan for their future, and they live in the present moment. But there are only disadvantages to not planning ahead. Even celebrities will succumb to these consequences if they did not plan for their estate. Prince “Prince Rogers … Continued
Where There’s No Will, There’s No Way Have you ever wondered what happens when someone passes away without a Will? How often do people pass away without a Will? Do people from all financial backgrounds die without a Will? Before all the above questions are answered, it’s important to understand the terminology surrounding Wills. If … Continued
What is a Living Trust? One of the most popular tools in estate planning is a “Living Trust” due to its flexibility. When a grantor creates a living trust, they can transfer ownership over their assets into the trust. The trust will allow the grantor to take control of these assets even when the ownership … Continued
In With The New! As we near the end of Pride Month 2021, we want to draw attention to the evolution of the “nuclear families.” This new dynamics allow for families to come in all shapes, sizes, and colors. The American Dream has establishing nuclear families to buy a house, get married to … Continued
What is Probate? Probate is a legal process that occurs when a person dies, and their assets are distributed. The decedent’s estate goes through the probate court when a person passes away. It will either be Testate (with a valid Will) or Intestate (without a valid Will). Probate can be a lengthy process. It can … Continued