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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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What doesn't Medicare cover.

Lessons from Larry King’s Estate: The Importance of a Sound Estate Plan

Posted on: April 13, 2021 | By: David Parker, Esq.
The press has made much of the handwritten will that Larry King executed in the months before he died and in which he purports to change his prior will executed in 2015, to leave his estate equally between his children.
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Don't make these estate planning mistakes

How Do I Cancel a Loved One's Credit Cards After They Die?

Posted on: February 24, 2021 | By: David Parker, Esq.
How exactly do you deal with credit cards and rewards points when someone dies?
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Is there a step-up-in-basis for real estate?

Can You Be Forced to Inherit a Timeshare ?

Posted on: February 23, 2021 | By: David Parker, Esq.
Many timeshare contracts include a perpetuity clause, which means the contract and all its fees and obligations are yours for life. It may not end there.
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Don't make these estate planning mistakes

Was the Rock Star Prince ’s Estate Undervalued?

Posted on: February 11, 2021 | By: David Parker, Esq.
Prince’s 2016 death created one of the largest and most complicated probate court proceedings in Minnesota history.
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What doesn't Medicare cover.

Will Contest - Am I Named in a Will?

Posted on: February 10, 2021 | By: David Parker, Esq.
How can we see if there was a will and if it’s worth pursuing?
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How does Portability work?

When is an Inheritance Community Property ?

Posted on: January 18, 2021 | By: David Parker, Esq.
Everything each spouse earns during their marriage is community property. Fortunately, a gift or inheritance is separate property. However, that’s only half the battle.
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Can I Inhertit debt when someone dies?

Can I Inherit Debt ?

Posted on: January 6, 2021 | By: David Parker, Esq.
Debts, just like assets, are considered part of a person’s estate. When that person passes away, their estate is responsible for paying any and all remaining debts. The money to pay those debts comes from the asset side of the estate.
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What doesn't Medicare cover.

How Much Should We Tell the Children about the Estate Plan?

Posted on: January 5, 2021 | By: David Parker, Esq.
Even those with thorough estate plans might have neglected to discuss details with potential heirs.
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What doesn't Medicare cover.

Zappos CEO Tony Hsieh had No Will and That Is a Mistake

Posted on: December 31, 2020 | By: David Parker, Esq.
If you pass away without a will, a state court generally decides who gets your assets and, if you have children, who will care for them.
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How does Portability work?

What Happens to Credit Card Debt when Someone Dies?

Posted on: December 23, 2020 | By: David Parker, Esq.
If you get bogged down with a high balance that you can’t easily afford to pay off, it can take years to get out of debt. However, what happens to your credit card debt, if you die before you’ve repaid it?
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