Probate is a long and drawn-out process that must proceed according to the laws of each state. It is required that a complete inventory of the deceased’s assets be completed in a timely fashion. In most cases, this is approximately 90 days. Notifying the Beneficiaries of an Estate Typically, beneficiaries must be notified within 60 days...
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It may sound awkward, but many people find themselves being named as a trustee for the estate of a family member, loved one, or business partner and find themselves asking, “What is a trustee, what do they do, and how did I become one?” If you have found yourself in this unenviable situation, not to...
You love your family more than anything, and you want to ensure that they have every opportunity to thrive–even after you are gone. Life happens in the blink of an eye. You have no way of knowing what will happen tomorrow, but you can take steps to protect your family in the future with your estate. ...
Did you know 60% of American adults do not have a will? That seems like a significant oversight for a document of such magnitude. It is the one document that can prevent your estate from falling apart after you pass. When making a will, there are a few key components to keep in mind. Here are...
In 2009, the Obama Administration started the Affordable Care Act. Within the Affordable Care Act is the Elder Justice Act. This act was to combat widespread nurse neglect and abuse of elders in America. Over two million cases of elder abuse (Elder abuse occurs when there is any form of neglect or abuse on an individual...
Are you afraid of where all your stuff will go when you are gone? No one wants to think about writing a will, but it is something that you have to come to terms with as you age. It is best to get it out of the way so you can move on and focus...
You want to leave your home to your children when you pass away, but all you can picture is the two of them as children fighting to win a battle of tug-of-war. What do you do? Estate planning is the key to an amicable distribution of property. It is essential to provide the blueprint for...
Being a loving parent or spouse does not just involve being there for your loved ones in the present. Responsible people will make sure that their loved ones are cared for in the event of their death. Preparing for death can be difficult for everyone involved, and matters of divorce or other family changes can make things more...