It can be exciting when your child begins their college career. It is a new chapter in both your lives and a chance for your child to strike out on their own. However, are college students truly prepared? What happens if students fall sick, or face a serious accident?...
Losing a loved one can be overwhelmingly emotional. And if your loved one named you as their personal representative – or the executor of their will – you often also face an additional level of stress on top of your grief as you begin the probate process. Then, as you...
What is the first thing you think of when you hear the term “probate?” For many people, probate invokes a very negative response. This is often due to the many myths about probate. One of the most common myths that lead many people to have such negative views is that...
No matter the circumstances, losing a friend or family member comes as quite a shock. When you reach out to their family, you share your grief, memories and worries about the future. And then they mention how they must begin the probate process to distribute your...
In a recent blog post, we discussed the purpose of the probate process. One of the primary purposes is to ensure the will is valid before moving forward with paying your loved one’s debts and administering their estate. This is a usual part of the process, but many...
In the estate planning process as well as probate, it is common to hear the terms “heir” and “beneficiary” thrown around and even used interchangeably. However, there is a difference between these terms, and it is critical to recognize that difference. What do these...
The probate process can be very stressful. After losing a loved one, it is difficult to go through and distribute their property. The process is not easy, and the emotional stress is also the reason that there is a high risk of disputes in probate. During probate,...
Navigating the probate process can be complex for your whole family. Thankfully, your loved one’s estate plan can help make probate easier since it provides directions of your loved one’s wishes and gifts their assets to surviving family members. However, you come to...
Probate often has a bad reputation. There are a lot of myths that perpetuate that reputation as well. You may have heard people say it is expensive, time-consuming and stressful. On top of that, there are many sources out there advising people to avoid probate. This...
Nowadays, debt is a reality for individuals at almost any age. They go from paying expensive student loans to mortgages, all the while paying bills on various credit cards. This leaves the average American with roughly $38,000 in debt. Debt may be a normal part of...
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