Sometimes if a person dies, the assets they have are not clear. This usually is because the deceased person did not organize financial documents well, but other times it is because the person intentionally kept finances private. When a parent dies, it is especially important to check into what...
How do I remove myself or my ex-spouse from title to our former marital home? To remove a person from title to real estate, you will need a deed. A deed transfers property from one or more person to one or more other persons. In the divorce contexts, both spouses will sign a deed...
Nothing is certain -- even in death; Wishes of the deceased over how assets are divided must run legal gauntlet before reaching beneficiaries.Dian Vujovich
Death of a Parent: The surviving parent may limit or cut off contact with the deceased parent’s extended family. Child Welfare Concerns: If there are allegations of neglect or abuse by the parents, grandparents may petition for custody or visitation. When to Seek Legal Advice Not all situatio...
Both levies are based on thefair market valueof a deceased person's property, usually as of the date of death. But anestate taxis levied on the value of the decedent's estate, and the estate pays it. In contrast, an inheritance tax is levied on thevalue of an inheritancereceived by th...
he is said to have died intestate. Anintestate estateis also one where the will presented to the court has been deemed to be invalid. The probate process for an intestate estate includes distributing the decedent’s assets according to state laws. If a deceased person has no assets, probate...
In the absence of a will, the spouse of a deceased individual will get half of the inheritance, whereas the other half will be equally given to their children. If the deceased individual has no children, his inheritance will be given to his parents or split between the deceased’s siblings...
If you're looking for an unclaimed life insurance benefit perhaps belonging to a deceased parent or guardian, look at the National Association of Insurance Commissioners' life insurance policy locator. Also, check out the U.S. Department of Veterans Affairs unclaimed funds page for veter...
We get emails time to time about how to open a brokerage account in Singapore. So we decided to do a quick, simple guide for those who need a little advice.
If the deceased policyholder had made a will, the executor will apply for a Grant of Probate. This is a legal document which confirms that the executor has the authority to deal with the deceased person's assets. If the deceased policyholder died without the will then they are deemed to ha...