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...
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What you need to know about the probate process
Probate is the process used by the court to ensure that an estate plan is carried out as specified by the deceased. This includes confirming the value of assets, paying the deceased’s final taxes and bills and distributing anything that remains to their loved ones. In...
Estate, Probate And Trust Administration
Navigating The Legal System Alone Is Not Easy At , we serve as personal representatives of estates for individuals who died living in the Virginia area. This area of the law can be emotional and complex. Having an attorney who understands...
3 important steps to take after a family member dies
People often feel so overwhelmed by the emotional responses to a death in the family that they overlook practical issues. Even intelligent, organized individuals may let their grief dictate their conduct in the early days after someone's passing. Unfortunately, legal...
How can people transfer real estate in their estate plans?
The more valuable a specific asset is, the more important it becomes to have a plan for what will happen to it when someone dies. Assets may require probate oversight to transfer to new ownership. They can be worth a lot of money, which means that they can affect the...
What rights do you have as a will beneficiary?
Going through estate administration while grieving the loss of a loved one can be overwhelming. Nonetheless, it is vital for involved parties to understand the process, especially if they are beneficiaries of the decedent’s will. If you are a beneficiary of a will, it...
First 3 things you must do as a will executor
Losing a loved one is a heartbreaking experience. Amidst your grief, you have a serious duty when you are named as the will executor. Being responsible for administering will comes with a lot of responsibilities. You have the crucial role of identifying and organizing...
3 reasons to consider setting up a special needs trust
A special needs trust (SNT) is a valuable tool for ensuring the financial security and well-being of a loved one with disabilities. It is an integral part of the estate plan for many families with dependents who have special needs. If you care for someone who depends...
What happens if estate funds are insufficient to pay all debts?
One of the most demanding responsibilities of an estate’s personal representative is to inventory all debts and demands, inform all known creditors of the administration and pay those obligations using the estate’s available assets. However, the process becomes...
Top 3 reasons why you should consider creating an irrevocable trust
Planning your estate is an important part of one’s financial well-being, and it can help to ensure the fair and desired distribution of your assets after your passing. One of the ways that you can help to ensure that your assets are protected and managed according to...