enow.com Web Search

Search results

  1. Results from the WOW.Com Content Network
  2. I Live in Virginia. How Can I Avoid Probate? - AOL

    www.aol.com/finance/live-virginia-avoid-probate...

    In Virginia, they ensure privacy and avoid probate delays and the probate tax. But trusts cost $1,000 or more in legal fees. You will still need a pour-over will naming the trust as beneficiary.

  3. New laws for Virginia start Jan. 1 2025 - AOL

    www.aol.com/virginia-laws-going-effect-january...

    The Brief. New laws in Virginia take effect on January 1, 2025. Notable new laws include minimum wage increase, changes to the Virginia Human Rights Act, and retirement savings plans for all ...

  4. Uniform Probate Code - Wikipedia

    en.wikipedia.org/wiki/Uniform_Probate_Code

    As the Florida appellate court pointed out, "[w]e cannot rewrite Florida probate law to accommodate a Michigan attorney more familiar with the Uniform Probate Code." [ 4 ] The Uniform Law Commission does not list Florida as one of the states that has adopted the Uniform Probate Code.

  5. Probate - Wikipedia

    en.wikipedia.org/wiki/Probate

    In common law jurisdictions, probate is the judicial process whereby a will is "proved" in a court of law and accepted as a valid public document that is the true last testament of the deceased; or whereby, in the absence of a legal will, the estate is settled according to the laws of intestacy that apply in the state where the deceased resided at the time of their death.

  6. Law of Virginia - Wikipedia

    en.wikipedia.org/wiki/Law_of_Virginia

    The law of Virginia consists of several levels of legal rules, including constitutional, statutory, regulatory, case law, and local laws. The Code of Virginia contains the codified legislation that define the general statutory laws for the Commonwealth.

  7. Advancement (inheritance) - Wikipedia

    en.wikipedia.org/wiki/Advancement_(inheritance)

    Advancement is a common law doctrine of intestate succession that presumes that gifts given to a person's heir during that person's life are intended as an advance on what that heir would inherit upon the death of the parent. Not to be confused with an advance of someone's expected distribution from an estate currently in probate.

  8. Lapse and anti-lapse - Wikipedia

    en.wikipedia.org/wiki/Lapse_and_anti-lapse

    Most common-law jurisdictions have enacted an anti-lapse statute to address this situation. The anti-lapse statute "saves" the bequest if it has been made to parties specified in the statute, usually members of the testator's immediate family, if they had issue that survived the testator.

  9. Estate tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Estate_tax_in_the_United...

    According to the Economic Growth and Tax Relief Reconciliation Act of 2001, the applicable exclusion increased to $3,500,000 in 2009, and the estate tax was repealed for estates of decedents dying in 2010, but then the Act was to "sunset" in 2011 and the estate tax was to reappear with an applicable exclusion amount of only $1,000,000.