December 24, 2021The Importance of Understanding Creditors and ProbateAvoiding probate through legal techniques is a great strategy to save taxes, keep your estate from public proceedings, and avoid the need for court approval every step of the way. It can save you time, frustration, and in many cases,…
December 17, 2021How is an Estate Administered in Illinois Court?Probate is the method by which judicial officials, including probate judges, process a decedent’s will. While state probate laws may vary, the general process is quite similar across the country. Probate is the process of proving wills for decedents’. A…
November 19, 2021Take Precautions To Avoid Probate LitigationWhile there are several reasons for increased risk of probate litigation, there are two most common circumstances. The first is when families disagree with how to handle a mentally incapacitated family member. The second is when, after death, disagreements break…
October 29, 2021Can You Avoid Probate?Although probate seems complicated and costly, it is a standard legal procedure for passing on assets from decedents to their selected heirs or beneficiaries. Whether or not you require probate depends on the type of property and how you own…
July 30, 2021How Does the Probate Process Work?The probate process involves authenticating the deceased individual’s will, assessing the assets, settling debts and taxes, and oversee the allocation of the inheritance. After an asset-holder dies, the court will appoint a valid will’s executor to administer the probate process.…
January 15, 2021The probate ProcessProbate is the legal process for authenticating a deceased person’s will, reviewing their assets, paying their outstanding debts and taxes, and distributing what remains to their inheritors. After an asset-holder dies, the court will appoint a valid will’s executor to…
