Probate Initiation: An interested party, often a family member or creditor, petitions the probate court to open an intestate estate. Appointment of Administrator: The court appoints an administrator ...
Did your father give you a nominal bequest but gave his favorite daughter the bulk of the estate? Were you bequeathed the family dog and $10,000, but your mother’s boyfriend of six months was to ...
My mom died just over a year ago, and I’m still knee-deep in probate. I’m barely average. The typical probate process to settle a will or the estate of somebody who dies without one takes 20 months, ...
Q. I was told that unlike wills, a trust doesn’t require probate and is not taxable. My main asset is a house that I want to pass on to my son. Would a living trust help? — Planning A. We’re glad ...
It’s difficult to wait for probate while debts go unpaid, but your patience might run out if an executor leaves things hanging to go on vacation. If your $60K inheritance is tied up and you’re stuck ...