What Happens when Both Spouses Die at the Same Time?
Sometimes the persons involved either die simultaneously, i.e., too close in time to determine clearly who survived the other or die very close in time to each other.
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 Trust Be Amended?
In their trust they leave each other their share upon death and then I would be trustee when my last parent dies. I’m really concerned about this whole deal.
How Do I Title My Property Correctly for My Estate Plan?
If you think Estate Planning is simply the creation of a will or trust, you are missing a large portion of information, and could potentially have assets that do not flow according to the plan you have set up in your will or trust.
Estate Planning Smooths Life’s Bumpy Road
It was reported on the news recently that some of Aretha Franklin’s family members have found what they believe to be her will. It was handwritten, stained and crumpled up in a couch. The courts may or may not choose to honor it, depending on whether or not they are able to verify its authenticity.
Dissolving the Mystery of Probate
Probate is not always an efficient process. However, it is the way to properly dispose of an individual’s property after they have died. It gives the necessary stamp of approval that the will is legitimate, and the executor has been confirmed.
BEST OF OMAHA!
The annual BEST OF OMAHA voting is now open for the 2020 award season. We were privileged to be the First Place Winners in the category of Estate Planning for 2019, and we’d love to do it again with your help! Being BEST OF OMAHA fits perfectly with our mission and core values. Our MISSION is to help families design, share and preserve their legacy for future generations, through careful legal planning and lifetime relationships. Our core values include: • Legacy – our work is significant because every client’s legacy is significant • Integrity – we honor our word • Excellence – we hold ourselves accountable to the highest standards of service • Family – families are at the center of everything we do We strive to be the best, not only in Omaha but throughout the eight states where we serve clients with estate, business, and elder law planning solutions. Would you be so kind as to vote for us for the next Best of Omaha event? You can register here: http://bestofvoting.com/register.aspx Thanks very much for your support!
Filing Taxes for a Deceased Family Member
When a financially comfortable loved one departs, a bevy of tax issues can come into play.
What Do I Need to Know About Trusts?
A trust can be a vital component in an estate plan.
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