An estate will details who will receive a deceased person's property and which person (called the executor) will be responsible for settling the estate after death. For many reasons, beneficiaries can feel slighted by what they did or didn’t receive,…
A survey conducted by Care.com revealed that 57% of Americans do not have a Last Will and Testament (a "Will"). The survey found that participants were more likely or less likely to have a Will depending on issues such as…
This question comes up all the time: “Couldn't I just make a will online, transfer my land and put my children into a bank account when I die?” It’s just not a good idea. For the plan to work as…
A will protect your assets and leaves no doubt as to the wishes of your successors, so if you've already created one, congratulations are in order - you're already ahead of the game! In the United States, almost half of…
Having a will, which is a legally binding directive stating who will receive your assets upon your death, is an essential part of a comprehensive estate plan. If you die without one (intestate), the state will distribute your assets and…
The percentage of older adults without a will has remained mostly unchanged, despite the coronavirus pandemic according to a report by caring.com. Remarkably, younger adults with a will show an increase of sixty-three percent comparative to pre-pandemic times. This 18…
Estate planning may sound like the domain of the very wealthy, however, in the eyes of the law, an estate is simply the aggregate of property an individual owns, and most everyone owns something. Property ownership includes individual as well…
Probate is the legal process for authenticating a deceased person's will, reviewing their assets, paying their outstanding debts and taxes, and distributing what remains to their inheritors. After an asset-holder dies, the court will appoint a valid will's executor to…