Estate planning and probate seem to be highly interrelated. To understand the connection between the two, one has to understand these terms in detail. Now, probate is a legal process meant for handling the business affairs of a deceased person. This is a procedure of the court that identifies a proper will. The probate process…
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Probate is a process in which a deceased’s will get executed for settling his/her estate. Probating of an estate is also possible when the deceased has left no will. In such cases, the estate might go to the wrong person. The wrong person in a sense with whom the deceased doesn’t intend to share his/her…
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What happens when there is no beneficiary mentioned in a will? What are the probate laws concerning this situation? There may also be a case when all the beneficiaries die before the will’s owner. In these cases, the probate laws of intestacy in the state rule over the case. However, it is always advisable to…
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When a decedent leaves behind some debts or credits to be paid off, they are usually taken care of by the estate. In fact, these credit card debts may be an additional worry for people while they are doing estate planning. The worry concerns about who will pay off the credit card debt after the…
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Probate is a legal process as it is under the control of the probate court. It is the court who administers the probate process. The court follows state laws while managing or administering the probate process. State laws are different in every state, which is why probate is different in every state. The operations involved…
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Probate is a legal process of administering the estate of the deceased and paying out his/her debts. The funds remaining after clearing out all the debts are then transferred to the heirs or beneficiaries. The name of the heirs or beneficiaries is in the will. All this doesn’t get completed automatically but gets managed and…
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As we all know, the estate of the deceased is administered through a process called probate. Probate being a legal process, gets controlled by the court. So every activity of the process should get performed according to the laws imposed by the state. Any deviations from the law can cause serious legal troubles. Every state…
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Many people prefer to make a will so that after they die, their assets get transferred to the right person through probate. For a person, the purpose of creating a will is to share his/her live savings with his/her loved ones. Transferring assets to the loved ones can save them from the problems they might…
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A person makes a will with the sole purpose to secure his/her family’s life after he/she is gone. Will also prevent disputes among the heirs and beneficiaries as it is mentioned in the will that who should get what. People want to pass on their life savings to their loved ones through this will to…
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The probate process is a long process with different activities that sometimes can be exhausting. Being a legal process, every step taken in the process should be according to the law. Any deviations from the law in the probation can cause serious troubles. To execute the process legally, a bundle of documents gets involved. Absence…
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