Avoiding probate can save your beneficiaries time, reduce costs and protect their privacy while your estate is being settled. You can keep your Connecticut estate out of the probate court system by ...
Probate is the state’s way of saying, “We’ll handle what you didn’t.” Harsh, but true. When a person dies without proper planning, their estate enters a public legal process that can last ...
Learn how probate validates a will, pays debts, and distributes assets to heirs. State intestacy laws apply when there is no ...
We constantly hear from advisors that we should plan our affairs in such a way as to avoid probate. What does the phrase mean and what property is subject to the probate process? What planning is ...
This process begins with filing a petition in the county court where the deceased resided. The court receives the death certificate then validates the will, if one exists. Next, the court appoints a ...
Forbes contributors publish independent expert analyses and insights. Bob Carlson researches all facets of retirement finances. About 70% of U.S. adults don’t have a will or trust, according to ...
Probate can be a real headache, and it’s something most folks want to dodge if they can. It’s not just about the red tape; it’s also about the time and money it can eat up. Plus, who wants their ...
Probate is the legal process of administering a Decedent’s Last Will & Testament (“Will”), whereby assets owned by the Decedent at death are distributed pursuant to the terms of their Will, or if ...
If all registered assets pass to your intended beneficiaries without the need for an estate grant, then probate is not ...
Before you invest time and money into probate avoidance strategies, it's worth taking a step back to understand whether this ...