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...
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Month: June 2020
Three tips to mitigate family disputes during probate
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,...
What happens to the remaining assets in 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...