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© Can Stock Photo Inc. / gajdamak One of the most often misunderstand terms in estate planning is “probate” and what it means so we answer the most common FAQs about probate here: WHAT IS PROBATE? The term “probate” refers generally to the process by which the estate...
THE EXECUTOR I had a friend who died and he, On earth so loved and trusted me, That ere he quit this earthly shore, He made me his executor. He tasked me through my natural life, To guard the interests of his wife, To see that everything was done, Both for his...
The sign is a clue to what a recent article in the Trusts & Estate section of WealthManagement.com identifies as a trend away from estate planning and, therefore, toward more probating of estates. (The Shift from Estate Planning to Estate Probating) In other...
When a loved one dies, a typical estate often consists of a house, some small bank accounts, an IRA or 401(k), maybe a vehicle, and tangible personal property. For many people, the biggest asset they own is a house, and a house can pose the biggest challenge for a...