Facing the complexities of probate can be daunting, especially when learning about the process’s potential setbacks. Understanding common pitfalls is crucial to ensure a smooth process. Here are five common probate errors to avoid: Failure to file will in a timely...
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What are common mistakes an executor makes in probate?
When a loved one dies, the monumental task of managing their estate often falls on an executor. The decedent could have appointed this person on their will or the court may designate them if there is no existing will. An executor must carry out the decedent’s wishes...
How to simplify the probate process for your loved ones
Without any doubt, your loved ones will one day feel your loss very heavily. Naturally, you want to do everything in your power to make it easier for them when the time comes. Unfortunately, the probate process can be a serious strain, and any problems that come up...
How can you avoid delays in probate?
When a loved one passes away, the legal and financial process that follows often feel overwhelming, especially when you think about how long the process will take and how much it will cost. The same applies if you are the one who passes away and leave your loved ones...
Can financial accounts bypass the Virginia probate courts?
The Virginia courts oversee estate administration. The assets of those most people who die without an estate plan in place have their assets pass through probate court. Additionally, anyone who owns real property or significant assets solely in their own name that are...
Why do I need to worry about probate?
Probate is not only time-consuming but also a lot of work. The person you name as an executor or personal representative will need to inventory all your assets and file the supporting documents with the probate court. They need to communicate with the creditors of...
How debts influence the outcome of Virginia probate proceedings
When someone dies in Virginia, their personal property forms their estate. Before other people can take possession of assets that have been left behind, the estate will generally need to pass through probate court. Part of the process specifically relates to resolving...
What are the rules for creditor communication during probate?
Serving as the personal representative of an estate is a very demanding and is often thankless responsibility. People have to accept hours of personal obligations in court and elsewhere to fulfill their duties. They have to talk with beneficiaries and family members,...
Can you keep your estate out of probate?
When it comes to managing your affairs upon death, having a plan in place can make all the difference. One option that some people explore is keeping their estate out of probate. Proactively avoiding probate does require the right preparation and paperwork, but if...
Why avoiding probate is a good idea
When you leave a will behind, your heirs will not take over the estate immediately after your demise. Your estate has to pass through probate, a court process that every estate has to go through. During probate, the court validates the will and oversees the estate's...