Being asked to serve as the executor of someone's estate can be both overwhelming and outright exhausting. Sometimes, it makes sense to hire a probate attorney to help.
Here are the four most common reasons that people hire a probate attorney to handle an estate:
If you own a business, you probably appreciate employees who turn out to be great administrators. This is a skill you would ideally like to have in your personal representative.
If you are about to prepare your will, here are three tips to help you make the right decision when choosing a personal representative, also known as an executor.
Being a landlord can be hard. While owning rental property is often a financially rewarding venture, the experience of dealing with tenants can be somewhat difficult and frustrating.
To minimize the stress you experience and the conflicts you may have with your tenants, here are some tips every landlord should follow:
When it comes to estate planning, many people do whatever it takes to speed up the process. While it's not the most enjoyable thing you'll do this year, the creation of a comprehensive estate plan will give you peace of mind.
Any estate planning mistake you make today can have an impact on you and your family in the future. Here are five mistakes that have plagued many people before you:
There may come a point when you need to choose a long-term care facility for yourself. But before that, you could find yourself helping an elderly loved one, such as a parent.
There is a lot to consider when choosing a long-term care facility, including which one has the best reputation for providing high-quality care.
As with many topics, myths abound when you talk about estate planning. You may even hear them from well-intentioned friends and family members. People repeat them without realizing that they're spreading misinformation.
To help you avoid any issues down the road, here are a few myths to watch out for:
Selling a home can be tricky, especially if you have no experience doing it. Buyers and markets can be unpredictable. As a first-time home seller, you may experience a lot of confusion and frustration. This can make it easy to make mistakes.
Of course, everyone has some slip-ups and learning moments, but you do not want to make many errors regarding the most important things about selling a home. When it comes to preparing your home, pricing it and making repairs, you want to be as close to perfect as possible. Here are some home-selling mistakes to avoid.
You're doing your estate planning, and you want to ensure that you pass as much of your estate as possible on to your heirs. That's why you're working so hard to plan in advance.
One major concern you have is paying estate taxes. You've moved around a lot during your life, and you know that some states collect a hefty tax after death. Is Florida one of those states?
An estate plan tells the children about their parents' wishes and helps to divide up assets after death. It's a very important plan that is based around a will, but which may also contain many other documents and legal tools, like powers of attorney and irrevocable trusts.
As the estate passes through probate, it can sometimes cause what experts call a "sibling divorce." When this happens, children may get into such deep arguments and disagreements that they never talk or see each other again. This can last for decades or for life. It may be the end of that relationship entirely.
You have been putting off writing your will. You feel like you don't need one yet. You're relatively young and healthy. You'll deal with estate planning later.
If that's how you feel, you may not be surprised to learn that around 60 percent of people in the United States are right there with you: They have not written a will or created an estate plan.
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