Many shrug their shoulders about estate planning. They feel they don’t have an estate because they aren’t wealthy. They also think probate, whatever that is, sounds too complex. An estate consists of ...

When an individual passes away, their assets must be distributed to their named heirs or beneficiaries. The beneficiaries may be designated as a co-owner or a beneficiary, or the assets will pass to ...

Estate administration is part of the ordinary course of handling the affairs of a deceased loved one. But beware: there are traps for the unwary. Some problems can be avoided by proper planning, ...

If you have been named or appointed as the personal representative (also sometimes called “executor” or “administrator”) for a loved one’s estate, it is important to understand the responsibilities ...

These common estate planning errors can undermine even the best strategies, from unfunded trusts to wrong trustees and ...

Explore Letters of Administration, including its definition, circumstances, the parties involved, process, and pros and cons.

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 ...

Question: My father died two years ago and just two months ago, my mom passed. I am the only child so there is no fighting going on, but I am just paralyzed with everything my lawyer tells me I must ...

On June 28, 2022, the Internal Revenue Service published proposed regulations (proposed regs) under Internal Revenue Code Section 2053. (Federal Register: Guidance Under Section 2053 Regarding ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. A recent foreboding report by the United Nations ...