You see the pattern — through an agreement with the company holding the asset, you have provided for disposition of the asset ...

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 ...

Assets go through probate court on death due to misconceptions about how the law works and specifically how wills are used. A common misconception about wills is they avoid problems on death because ...

Putting everything you own into a living trust can feel like the safest way to help your kids skip probate, but some assets ...

Probate is the legal process that happens after someone dies. It distributes the assets and pays any debts or taxes. If there's a will, you might wonder if probate is needed. Sometimes, probate is ...

Portions of this article were drafted using an in-house natural language generation platform. The article was reviewed, fact-checked and edited by our editorial staff. Probate can be an intimidating ...

If a person passes away without a will, they die with their assets intestate. Instead of assets being distributed per a will, intestacy laws of the state are used as the guidelines as to how assets ...

Before you invest time and money into probate avoidance strategies, it's worth taking a step back to understand whether this ...

In presentations regarding essential actions individuals should take regarding inheritance, emphasis is usually placed on drafting a will. This leaves unanswered what happens to assets that do not ...

Up-to-date beneficiary designations are an important part of maintaining the health of your overall estate plan. When naming a beneficiary to an account, such as life insurance, retirement plans, ...

This asset is liquid, easy to divide among beneficiaries, earns a decent interest rate, offers guaranteed returns, and is ...