| Dec 4, 2024 | Trust, Estate Planning, and Probate In U.S. estate law, the unlimited marital deduction allows assets to pass from one spouse to another without estate tax implications. However, this deduction only applies if the surviving spouse is a U.S. citizen. In the case of the...
Real Estate Legal Services Deeds Assessments Purchase Agreements Closings Abstracts Contracts Rentals Liens Farm Leases General Civil Practice & Litigation Family Law Juvenile Law Probate Law Business Law Collection Law Personal Injury Law Contract Law Small Claims Ginkens Law Firm, P.L.C. •...
“Every borrower should have a will/trust or some sort of estate plan in place – no matter how much or how little you have to your name,” says Whitehead. “Without one, state probate takes much longer and is more costly. The estate inherits the home upon death and any equity ...
For estates that are worth less than a certain dollar amount, a relative or heir can avoid the probate process by filing a small estate affidavit to claim the decedent’s assets. Affidavit of heirship Often filed during probate, an affidavit of heirship is when the affiant gives information ...
Unpredictability: Probate can introduce an element of unpredictability into the distribution of assets. The court's involvement may lead to decisions that beneficiaries or the deceased did not anticipate, potentially causing disputes among family members. Seeking Guidance from a Delta Estate Lawyer Given...
To get the conversation started with aging parents, experts say it helps to start small. "Don't go into it thinking that you're going to solve it all this particular holiday," Peterson said. To kick off the conversation, you may want to talk about your own estate plan and ask...
Our attorneys have a combined experience of over 28 years in elder law, probate, and estate planning. We have drafted hundreds of: estate plans; trusts; created many limited liability companies (LLCs); and represented numerous Alabama probate estates. We are here to assist you with the legal...
For such a modest sum a small wooden building would have been the most that was affordable. The probate file records that the expenditure was made and a title secured, but I have not found any trace of the building. Land was left to Daniel’s brother John, to his nephews James Heenan...
Inside the Fight Over Guggenheim Partners CIO Scott Minerd’s $400 Million Estate A brawny bodybuilder with a generous side: The late investor was an atypical Wall Street sage. But at Guggenheim, he oversaw billions for the firm and made millions for himself. His sudden death shocked even th...
Dying without a will is known as dying intestate. This can be a long and expensive process for your loved ones, as the estate must go throughprobatecourt. Anexecutoris named to handle the process. It's a good idea to create a will, as it details your bequests and makes the process o...