Blog
What Types Of Assets Are Subject To Probate?
Losing a loved one is difficult and comes with its own set of hurdles. The last thing you want to deal with is a lengthy and complicated probate process. It’s important to have an experienced attorney on your side to help you understand the process. What Is Probate? So, what types of assets are subject to probate? There are two ways that assets pass to one's heirs. They can pass a) in court or b) out of court. In court transfers are known as probate. Probate is the process where, through law...
Top Reasons You Need a Will
More than half of Americans don’t have a will, guaranteeing that an already difficult time for their family (that is to say, the person’s death) will be that much harder and time consuming to deal with. Having a will makes it easier on your loved ones because it minimizes the amount of time they need to spend with lawyers sorting through your affairs, determining your last wishes, and more. Here, we list out four of the biggest reasons for why you need to have a will already in...
4 Benefits of a Land Trust
Like all trusts, a land trust is an agreement by which the managing beneficiary directs the trustee in how to handle the benefits of that trust (in this case, real estate). While the managing beneficiary remains the liable party in land trusts, the deed which conveys the property to the trust doesn’t identify any of the parties involved; only the beneficial interest is assigned. But what are the benefits of this, and why should you consider a land trust? Below you will find four benefits of a...
How To Decide Which Power Of Attorney Is Right For You
A power of attorney is a legal agreement that permits someone else to act legally on your behalf in certain ways. This can be extremely beneficial, whether you’re preparing to travel internationally, have concerns about your health, or are in the process of planning your estate. But the extent to which they can do so will vary on the type of power of attorney that you choose. Below are a few questions to help you determine which kind of power of attorney you need. Should the power of attorney...
