Downs Law Firm, P.C.
Personal property is a unique category of asset. Even in the simplest after-death distribution, personal property can become a hindrance to final distribution. There are a couple of reasons why.
When dealing with the emotional pain of the loss of a loved one, family members also have to address daunting administrative tasks.
Building enough wealth to sustain yourself in retirement is a monumental achievement. However, financial planning doesn’t end when you no longer rely on a paycheck.
Second (or third or fourth) marriages often require careful balancing between the needs of the surviving spouse and the needs of the children from a previous marriage.
Most states recognize inheritances as separate property, and many experts say keeping them separate is often the best approach.
Some states are great to live in, but not so great to die in.
The list of things you need to do after someone dies can seem endless, especially during a time when you are also grieving.
Beneficiary mistakes can result in retirement plan assets being transferred to unintended beneficiaries.
So, you’ve decided that a family member won’t be getting an inheritance after all. Maybe you have an ungrateful or irresponsible family member you want to cut out of the will.
Probate and trust administration are not the same. There are important differences and similarities between administering a decedent’s probate estate and administering a decedent’s trust estate.
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