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Posts tagged "probate litigation"

What does it take to probate a holographic will?

Many people know that creating a will often involves several steps, including taking an inventory of one's assets and clearly documenting one's wishes. And then, they must go through the process of ensuring their will is valid by finding fit witnesses to sign the will and attest that the individual was of sound mind when they created and signed their will. 

How do you know if your loved one was under undue influence?

Not many people can imagine that someone would manipulate their elderly loved ones. However, it is a sad reality that some people will use others for their personal gain, including with respect to the creation of various estate planning documents including deeds, powers of attorney or a will. 

Stan Lee's estate was mired in conflict before his death

Even though he lived to the ripe old age of 95, fans around the world were still devastated by the death of Stan Lee in Los Angeles earlier this month. As one of the creators of X-Men, Spider-Man, Black Panther, The Incredible Hulk and the Marvel Universe, Lee's fortune at the time of his death was estimated to be anywhere from $50 million to $80 million. His surviving family members are his daughter and a brother.

Is adding a family member to your deed a good idea?

Many people who are seeking ways to simplify things for their loved ones after they're gone consider adding one or more of their children or other family members to the deed to their home. If you add an adult child, for example, to your deed, they become a co-owner of the property while you're alive. They can then inherit it when you die, and it doesn't need to go through probate.

The 'Queen of Soul' reportedly died with no estate plan

Most people would assume that someone as wealthy and successful as Aretha Franklin would have had a detailed estate plan in place when she passed away recently. However, the "Queen of Soul" reportedly died without even a will — let alone any other documents detailing how she wanted her assets divided among her family and others.

Why estate planning is crucial if you're in the cannabis business

Marijuana has been legal here in California for medicinal purposes since 2004. At the beginning of this year, its recreational sale and use was legalized. Therefore, many Californians engaged in cannabusiness, who are sometimes known as "ganjapreneurs," have accumulated considerable assets.

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