Posts Tagged: probate

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Who’s in Charge of My Estate When in Probate?

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Probate is a formal process supervised by the court. It includes taking inventory of the deceased person’s property or assets, paying taxes and debts, and dividing whatever is left amongst the rightful beneficiaries. Probate is usually about paperwork. The court’s involvement or supervision is often minimal unless the creditors or family members are in disagreement…. Read more »

Last Will and Testaments Require Probate

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On a regular basis, clients or potential clients will tell me that “I have a Last Will and Testament, so I won’t have to Probate when I die.”   Unfortunately, this couldn’t be further from the truth. A Last Will and Testament, or a Will for short, is a document that is created during life, that… Read more »

Estate Planning to Care for Children with Special Needs

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Parents of children with special needs must be particularly careful in how they estate plan to avoid creating a scenario in which their special needs child is disqualified for benefits such as Social Security Disability Benefits, Medicaid, housing benefits and other needs based benefits for those with special needs.  The use of a special type of… Read more »

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