Proactive estate planning can often avoid the time-consuming and costly probate process, but probate may be needed when a person passes away without a valid estate plan in place. Refer to our blog to learn what to expect if you’ve been named the personal representative of a loved one’s estate, then contact our office to schedule a free and confidential consultation.
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Preparing Your Family For the FutureDeveloping an estate plan is a crucial part of preparing for the future. But it’s not just your future you’re planning for; it’s the future of your family, your legacy, and beyond. Unfortunately for many families, estate planning is often something that gets sidelined. People don’t want to have frank discussions about the future, including... Read More »
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What Happens to the Bank Account Funds of a Deceased Person?When a person dies, there is usually a bank account in their name which contains money. For the surviving family members, there is a question of what will and should happen to the decedent’s funds. What happens to these funds upon the account owner’s death will depend on the decisions the account owner made before... Read More »
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The Probate ProcessProbate is a term that most people have heard at one time or another but may not know what the term means. This common legal process is utilized by courts all over the country to administer a person’s estate when they die. Understanding the probate process in advance of being subjected to it will make... Read More »
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What Happens to Debt After Death?As many of us go through life, we will acquire and pay debt. For most, having a car loan or home mortgage is the product of secured debt which allows the debtor to use the asset while paying a lender. It is also common for people to have unsecured debt such as a credit card... Read More »