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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The contents of a person’s will and related revocable trust cannot be challenged in court until he or she has died, Maryland’s second highest court ruled last week in rejecting a daughter’s bid to revive an undue-influence challenge to her estranged and ailing mother’s decision to write her out of her will.
Physicians may deal with life and death issues every day. However, few may want to think about the eventuality of their own end.
If you own any property at all, you probably know about estate planning. You can decide what happens to your assets after you die, of course.
Estate planning might sound like something that’s just for wealthy people with huge beach houses and billions in the bank. However, the truth is that estate planning is something we all need to think about.
One of the most common questions people ask about estate planning is whether they should be using a revocable trust instead of a last will and testament.
The probate process can be expensive for some estates. Settling an estate through probate can cost you both time and money.
To the Web3 user, forever losing digital assets to inaccessible wallets is a nightmare scenario that rivals losing everything to rug pulls and other scams. However, while losing crypto and NFTs due to poor estate planning is hardly any different, it’s less likely to be on people’s minds.
Here is a list, in no particular order, of what needs to be done after someone passes to help you during this difficult time.
Before approaching the subject of the will, you need to consider that the loved one may be guarded and resistant to talk about it.
