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Probate is the legal process by which a deceased person's estate is settled. This includes validating their will (if any), paying off debts, and distributing assets as per the will or state law if ...
Editor’s note: This is part one of an ongoing series about using trusts and LLCs in estate planning, asset protection and tax planning. The effectiveness of these powerful tools — especially for asset ...
Probate is the legal process that happens after someone dies. It distributes the assets and pays any debts or taxes. If there's a will, you might wonder if probate is needed. Sometimes, probate is ...
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 ...
Editor's note: The information in this column is not intended as legal advice but to provide a general understanding of the law. Any readers with legal problems, including those whose questions are ...
Buying a property in probate can offer opportunities for buyers to purchase a home at a lower price, as executors may be keen to sell quickly. However, the process is different from a standard ...
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