You probably have heard that probate is something you should try to avoid as much as possible. Probate can indeed turn into a lengthy process and involve court challenges from would-be heirs, but many people not only go through probate without a problem but even...
Probate
Initiating the probate process
Losing a loved one is undoubtedly a challenging time, and dealing with the legal matters that follow can feel overwhelming. One such legal process that may arise is filing for probate. Probate is the court-supervised process of distributing a deceased person's assets...
The importance of a will for business owners
Every business owner understands the importance of planning. Making decisions about the future of a business is as important as the strategies used to run it daily. For business owners, writing a will is a significant step in ensuring the business's continued success...
Ensuring the legitimacy of charitable donations in probate
Handling the estate of a loved one who just passed away is not just emotionally challenging. It also involves legal complexities, and it can sometimes be financially draining. But what if you have come across records of sizable charitable donations they made over the...
What happens to my Florida properties if I die in another state?
We cannot predict when we die, let alone control the conditions surrounding our death. This fact can cause worry for people with multiple properties in different states, whether because of work, family or other similar reasons. This worry stems from the uncertainty of...
What happens with debts in probate?
Debt does not transfer to another person, even after your death. But your estate will take on your debts. Because the assets in your estate belong to you, creditors can go after them to recoup their money. Your personal representative must notify creditors of the...
What is an insolvent estate?
Estate planning is not only to describe how to pass your assets to your loved ones, but it can also explain how you want to deal with your debt. When you die, your debts do not necessarily die with you. In fact, creditors may seek payment for your outstanding amounts...
Can a small estate quickly go through probate?
Friends may have told you about the ordeal of going through probate court to secure their inheritance. You know that you do not own a lot in money or property, so there seems to be no reason why your estate should also take a long time to pass through probate....