There are those who adopt a DIY approach to life and look for ways to economize by sidestepping the use of professionals and tradesmen when they can, but this is tricky business. The disclaimer "when they can" is operative here because there are some things that most people can indeed do on their own, and there are others that are best left to the experts. These days you see legal forms marketed on the Internet for just about every purpose, and "do-it-yourself" will kits are one of them. When … [Read more...] about Writing Your Own Will
Estate planning involves the distribution of your financial assets to your heirs upon your death, and many people assume that the way this is done is through a will. Though it is true that wills are often used to define the terms of asset distribution, there are other vehicles for transferring assets that have a lot of appeal to many people. One of them is the revocable living trust. When you are planning your estate you invariably want to make things simple for your loved ones after you pass … [Read more...] about What Are Revocable Living Trusts?
When an estate goes through the process of probate there are many details that need to be addressed, and just how complex the matter is depends on the specifics of the estate in question. The probate or surrogate court proceeding requires the filing of a great deal of standard paperwork, and making sure that this is done and done correctly is the first step. There can also be matters of guardianship or conservatorship involving fiduciaries that need to be addressed. Any outstanding debt must be … [Read more...] about Consult With A Probate Lawyer