One of the main goals of estate planning is to create a comprehensive estate plan that includes a will or trust. A will outlines how assets should be distributed and appoints an executor to carry out the individual’s wishes. Trusts can be used to avoid probate, minimize taxes, and provide...
I assume that Nebraska has similar laws that are designed to protect its citizens. Illinois’ 720 ILCS 5/17 – 56 was remedial and in Illinois provides a civil lawsuit that is interesting and an incentive to the legal profession. In particular, it provides for Attorney fees, and triple damag...
While a will is a crucial component of estate planning, it’s important to note that it goes through probate, which is the legal process of validating the will and administering the estate. This process can be time-consuming and may involve court fees. For those looking to avoid probate, a...