Inheritance law can be complex, especially when dealing with a loved one's death. One key area that often puzzles beneficiaries is how probate and non-probate assets affect the distribution process. For people in Arkansas handling these issues, grasping both concepts...
The emotional toll of losing a loved one can be overwhelming. The last thing that you want to think about is dealing with legal matters. However, when your loved one passes away without a will, the legal process can leave your family wondering who will inherit their...
Probate can be complex in most cases, requiring extensive time and effort based on the situation. This process usually involves different steps necessary to administer the deceased's assets, including organizing the estate, paying off the deceased's debts or taxes,...
Executors bear the weighty responsibility of protecting an estate and carrying out a will in line with the deceased’s intentions. However, the substantial assets involved in some estates can entice executors into exploiting their position for personal gain. If you are...
Financial feuds can exacerbate the emotional distress of losing a loved one. Family members often fight over the decedent’s estate, asserting their rights and contesting the will. As a result, probate can be an agonizing experience. It is a court-supervised process...
When you serve as an executor of someone’s estate, one of your responsibilities as part of the probate process is to prepare and file an inventory of the estate. You may have many questions about what this involves and feel slightly overwhelmed. This is natural since...
Being a personal representative comes with a burden of responsibilities and added pressure from family members. It makes sense to want to get it done as soon as possible. After a few months or a year, you might finally be able to close the estate. However, any...
When you plan your estate, it is crucial to comprehend the distinction between probate and non-probate assets. The probate process involves administering a deceased person's estate and distributing their assets. In contrast, non-probate assets bypass probate and...
There is an alarming pandemic of loneliness among older Americans. In fact, according to reporting from Consumer Affairs, 60% of men and 71% of women over the age of 65 claim to be lonelier now than they were just a few years ago. Loneliness can have deadly...
The idea of taking an estate through the probate process might sound intimidating and excessive. Most used in situations where the decedent died without a will, you might face the responsibility of shouldering this task as an executor. Knowing what to expect might...
