Typically, when someone
writes a will, he or she must specify or name an executor.
Oftentimes, testators choose those who are close to them,
specifically someone whom they trust wholeheartedly. If you are one
of these people chosen to be an executor, here are some things you
need to ask
the probate attorney:
Do I have to serve
as an executor?
If you feel that you
don’t have the time, skill, or willingness to take on the job, you
have the option to renounce the appointment. The alternate executor
named in the will can step in, or if no one is...
Thursday, January 16, 2014
Saturday, January 11, 2014
How a Probate Lawyer Can Help an Executor
You’ve
been named as the executor of a late loved one’s will, but have no
idea on what to do. A good move to consider is to hire a probate
attorney for legal assistance.
Take
note that as an executor, you’re entitled to hire a probate
attorney whose fees can be reimbursed or paid from the
estate’s assets. Hence, if the estate is complex or likely to be
contentious, there’s no reason for you not to work with a lawyer.
Other than helping you avoid mistakes with the paperwork and ensure
that you meet all the deadlines, a probate lawyer can...
Monday, January 6, 2014
Never Too Early: Estate Planning for Young Adults
Whenever
they hear the terms estate planning or last will, people often
immediately associate them with old people or individuals with
terminally ill diseases. You don’t have to be one of these people
to plan for the future, though, since, as has been proven countless
times, life is simply unpredictable, and there’s nothing better
than being prepared for the worst.
Whether
you’re in your late 20s, mid 30s, or early 40s, it would do you
well to consult an estate planning attorney in Sacramento and get
started on your estate plans. You should...
Wednesday, January 1, 2014
Probate Facts: Passing Down Your Vacation Home
The
notion of passing away is never an easy thing to think about, but
when it all boils down to it, one will have to make a plan for the
benefit of the ones he or she will be leaving behind. If you have
considerable property or assets, you should already be thinking about
how to divide it among your heirs. While money could easily be
subdivided, your real
property investments like say, your vacation home, may prove to
be a challenge.
One
of the first things a couple has to consider about whom to entrust
their home to is the level of interest...
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