When someone dies without a plan in place for their assets it can trigger probate. During this court-supervised process, the deceased’s estate must address outstanding obligations before it can ...
When planning your estate in Washington State, one of the most common questions is whether to use a Revocable Living Trust (RLT) or a Will. Most are curious because of the horrors they hear or the ...
Christy Bieber has a JD from UCLA School of Law and began her career as a college instructor and textbook author. She has been writing full time for over a decade with a focus on making financial and ...
An executor is a person named in a will to manage the deceased person's estate, including their financial obligations and assets. The executor's responsibilities include applying for probate, a legal ...
If you’re named as an executor in a loved one’s will, you’ll be responsible for sorting out their affairs and sharing out their assets. This process is known as estate administration. This generally ...
If you die with assets in your name alone, those assets must go through a court proceeding before transferring to your beneficiaries. In New York, several types of court proceedings exist. Probate is ...