The exception is intended to ensure that federal courts do not dispose of property belonging to a probate estate. It reserves these matters to state probate courts. However, the exception is limited, and federal courts can hear cases that may indirectly involve a probate estate. For example, in...
Since, in a health insurance plan, the insurance provider does not pay for the entirety of your yearly medical costs, you have to pay a certain portion of these costs from your pocket. The deductible is one of these out-of-pocket payments. Before your insurance kicks in, you must first ...
Since, in a health insurance plan, the insurance provider does not pay for the entirety of your yearly medical costs, you have to pay a certain portion of these costs from your pocket. The deductible is one of these out-of-pocket payments. Before your insurance kicks in, you must first ...
conservation or maintenance of property. If you fund a living trust with income-producing property, you may assert that the trust is an arrangement to provide for asset management if you become incapacitated or to minimize probate fees. If you have paid, or expect to incur, fees relating to ...
Those assets are far more liquid and received more quickly than probate property distributed according to the will or a trust which faces probate issues among family members. If you are divvying up properties that need to be sold and split among heirs, those assets are less liquid. ...