Category Archives: Probate
Can The Personal Representative Of An Estate Resign From The Role?
No one enjoys being the personal representative of a deceased person’s estate, with the possible exception of lawyers who choose to focus their practice on estate planning and probate cases. It is at least as much work as filing your taxes, and even if you get an inheritance at the end, this inheritance is… Read More »
The Risk Of Identity Theft Does Not End When You Die
If you are a caregiver for an elderly family member, you are always on your guard against financial abuse. You monitor your elderly family member’s transactions, and perhaps you even have a power of attorney. You get suspicious when a professional caregiver or anyone else seems overly interested in befriending your family member. Maybe… Read More »
Probate Shortcuts For Small Estates
Estate planning is not just for rich people, but it is certainly more fun to daydream about your loved ones inheriting property than it is to imagine them paying your outstanding debts until there is nothing left. Probate is not fun for anyone, even if they inherit a sizable amount of property, but it… Read More »
How Does Adoption Affect Probate Cases?
Many people who were adopted from foster care when they were in their infancy remember feeling a sense of relief at formalizing a permanent family situation after years of uncertainty. For people who were adopted as infants, the uncertainty often begins later, in adolescence or young adulthood, when they start wanting to find out… Read More »
Probate For Part-Time Residents Of Florida
The stereotype goes that old people retire to Florida, and their younger relatives use their houses as free accommodations for wintertime beach vacations, but when the elderly Floridians need the help of their younger relatives, the younger relatives pretend that they are snowed in up north, even though no blizzard could keep them from… Read More »
The Probate Court Can Disinherit Abusive Family Members
Estate planning lawyers advise clients against disinheriting family members for petty reasons. They also advise against setting conditions on receiving payments from a testamentary trust; attempts to micromanage beyond the grave are rarely successful, especially when the testator of the will or grantor of the trust is no longer around to enjoy the Schadenfreude. … Read More »
Are You Prepared For The Time And Cost Of Probate?
It is for good reason that people say that your 40s and 50s are the most stressful time in your life. You are part of the “sandwich generation,” caring simultaneously for your children and your parents; both generations sometimes seem like they don’t need your help, only to catch you off guard with their… Read More »
Collecting Debts On Behalf Of The Estate Of A Deceased Person
It is frustrating when creditors keep pursuing you about debts you cannot pay. At least, when you are the personal representative of an estate and creditors contact you to collect money that the decedent owed them, you can respond, “The person to whom you lent money is dead. Kindly accept this paltry settlement and… Read More »
Why You Should Act Quickly To Open A Family Member’s Estate For Probate
After the death of a family member, the last thing on your mind is ensuring that your in-laws and your stepchildren get their inheritance, unless, of course, they are bugging you about it. After planning a funeral and moving the decedent’s belongings out of the nursing home, you are eager to get used to… Read More »
How To Deal If You Are The Personal Representative Of An Insolvent Estate
High prices and the economy seem to be here to stay. Millennials probably will never be able to afford to retire, which means that some of them will be living paycheck to paycheck when they die. Therefore, insolvent estates are likely to become more and more common as the last generation to own substantial… Read More »
