Probate is the process of paying a deceased person’s bills and transferring ownership of that deceased person’s property pursuant to the person’s will or Ohio law as overseen by the local probate ...
If you want an extra layer of security and peace of mind, you can create a revocable living trust. A trust would have helped ...
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 ...
Q: How do you know if an asset is a probate asset or not? Does it make a difference when creating a will? A: It’s really important to understand the difference between probate assets and non-probate ...
Portions of this article were drafted using an in-house natural language generation platform. The article was reviewed, fact-checked and edited by our editorial staff. Probate can be an intimidating ...
Probate is the legal process that takes place after someone dies. The court steps in to make sure debts are paid; assets are ...
One of the most common concerns I hear from families dealing with a loved one's passing is frustration over how long probate ...
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 ...
If you're making an inventory for probate, then you're likely the executor or administrator of an estate. You're charged with shepherding the estate through probate – the legal process of paying the ...
Pennsylvania imposes an inheritance tax on all assets owned by a decedent with the exception of the proceeds from life insurance. It is important to understand the difference between "probate" and ...