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Category: Probate

Probate services refer to the legal services provided to individuals or families involved in the administration of a deceased person's estate. These services typically involve the court-supervised process of distributing the deceased person's assets and properties to their beneficiaries or heirs according to their will or state laws if there is no will. Probate services may include drafting and filing legal documents, representing clients in court, resolving disputes between beneficiaries, managing estate assets, and advising clients on tax implications and strategies for asset protection. The goal of probate services is to ensure that the estate is distributed in an orderly and fair manner while minimizing costs and maximizing the value of the estate for the beneficiaries. Probate services are often provided by lawyers, but may also be provided by other professionals such as estate planners or financial advisors.

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Can a BDIT save you on taxes?

What Sparks a Will Contest ?

Posted on: June 22, 2022 | By: David Parker, Esq.
Some people draft wills or trusts to ensure that the loved ones they will eventually leave behind own a piece of the properties the former will be leaving behind in case of their death.
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What doesn't Medicare cover.

Intestacy - Will My Family Hate Me If I Die without a Will?

Posted on: June 8, 2022 | By: David Parker, Esq.
Amid the grief of losing a loved one, families are dealt additional burdens when the person did not leave behind a will or estate plan.
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What happened to Pat Bowlen 's estate?

What about Personal Property when Someone Dies?

Posted on: June 7, 2022 | By: David Parker, Esq.
It is quite a tragedy when a loved one passes away. You may want to remember them by keeping sentimental objects from their home, or perhaps they wanted you to inherit a specific item.
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Big COLA increase in 2023

How Do I Conduct an Estate Inventory?

Posted on: June 2, 2022 | By: David Parker, Esq.
What's Included in an Estate Inventory?
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Don't fight over an inheritance

My Children Really Don’t Want My Stuff?

Posted on: May 11, 2022 | By: David Parker, Esq.
Your grown children will not agree to be the recipients of your downsizing, if it means their upsizing.
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What doesn't Medicare cover.

What are non-probate Assets ?

Posted on: May 9, 2022 | By: David Parker, Esq.
In presentations regarding essential actions individuals should take regarding inheritance, emphasis is usually placed on drafting a will. This leaves unanswered what happens to assets that do not pass by will —so called non-probate assets.
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Can a BDIT save you on taxes?

What’s the Difference between Probate Assets and Non-Probate Assets?

Posted on: February 7, 2022 | By: David Parker, Esq.
Non-probate assets are those assets which do not go into an estate when the owner dies.
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trust administration

What Is Considered an Asset in an Estate?

Posted on: January 24, 2022 | By: David Parker, Esq.
This is an important question to ask, because the answer could tell you whether you need to worry about estate taxes, beneficiary issues or probate concerns.
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Maureen McGovern and her illness

Debt Collection - Do I Have to Pay Off Husband’s Debts after He Dies?

Posted on: December 24, 2021 | By: David Parker, Esq.
Losing your spouse is a painful, confusing time, but add to that repeated calls from an aggressive debt collector and a bad situation suddenly can get even worse.
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What doesn't Medicare cover.

Probate - How Does a Will Work after Death?

Posted on: December 9, 2021 | By: David Parker, Esq.
Every estate plan should include three essential documents: a durable general power of attorney, a healthcare power of attorney and a last will and testament. Of the three essential estate planning documents, the will is the only document that is used after death.
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