What Is Probate and When Is It Required?
All that is required is a legal divorce agreement drafted by a lawyer and both parties’ mutual consent. On the other hand, a contested divorce is handled in court. If a prenuptial agreement is used in this case, you can swiftly settle any problems with property disputes or disagreements ...
A resettlement occurs when a new 'trust estate' is created 'out of an old trust'. When that happens, the trustee will be considered to have disposed of the
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Probate laws vary from state to state. You should contact an attorney or probate court for more information. Estate: Estate refers to the assets and liabilities left by someone upon their passing. Executor: An executor is a person appointed by a will or a court to resolve the financial ...
Intestacy rules may also come into play if a will is deemed invalid for whatever reason and there is no former or pre-dated will to take its place. Depending on whether probate is required, there could be subsequent state filing requirements such as the filing of an estate inventory and/or...
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