Many couples opt for joint bank accounts as a convenient way to manage their finances. When set up correctly, a joint bank account can ensure seamless access for your loved one after you pass away. Because, in most cases, joint bank accounts are not subject...
Probate is the legal process of validating a will, settling a deceased person's debts, and distributing their assets to heirs or beneficiaries. The court oversees this process to ensure that is properly carried out. Probate can take over a year and involves expensive court fees...
Did you know that you can designate a beneficiary for most bank accounts? Naming a beneficiary is the easiest way to allow your loved ones to access your accounts and avoid having to deal with the complications of probate court. Here’s why you need a...
The death of a loved one is a challenging time. Unfamiliar legal terms, documents, and processes can make this time even more overwhelming. If you've received a notice of probate of will, or have to send them out as the executor, you may be wondering...
When one of your parents passes away, it’s an overwhelming loss. And being named as the executor of their estate while you’re dealing with grief can feel like too much at once. You likely have hundreds of questions running through your mind, adding to your...
One of the top 10 estate planning mistakes that many people make is having an inadequate plan that will necessitate probate court. Why is probate so negative? It devours time and money that is better invested in the inheritance you leave to your beneficiaries. At...
If you have a large estate or die without a will, your estate will go through probate after you pass. This court process can be overwhelming for your loved ones and create conflict regarding distribution. Whether you’re administering a loved one’s estate or getting your...
Cryptocurrency saw a huge surge in popularity a few years ago. Celebrities were promoting it in commercials, and suddenly it seemed like everyone was investing. However, it's still a fairly new phenomenon, so people naturally have a lot of concerns when it comes to leaving...
Probate is a long and costly process that places an unnecessary burden on your loved ones. If you want to avoid probate in Arizona, you’ll need more than just a will in your estate plan. Wills are always subject to probate, and that is why...
Probate is the legal process of transferring the ownership of a deceased person’s property to their heirs, and it can take a long time to complete. There are many types of assets that are automatically subject to probate, unless you place them in a trust....