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Probating an estate is an expensive, time-consuming and sometimes adversarial affair. It is possible, and sometimes advisable, to avoid probate.With the help of an estate planner and, perhaps, an ...
A will contest, in the law of property, is a formal objection raised against the validity of a will, based on the contention that the will does not reflect the actual intent of the testator (the party who made the will) or that the will is otherwise invalid.
A continuing objection is an objection an attorney makes to a series of questions about a related point. A continuing objection may be made, in the discretion of the court, to preserve an issue for appeal without distracting the factfinder (whether jury or judge) with an objection to every question. A continuing objection is made where the ...
"The whole purpose of creating a trust is to avoid probate. If you don't transfer assets into the trust, then your heirs have to deal with probate," Stinson says. CatLane/istockphoto
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 jurisdiction where the deceased resided at the time of their death.
To find out if it’s possible, you'll need to consult an estate attorney licensed in the country where your international assets are located. Checking and savings accounts.
The administrator of an estate is a legal term referring to a person appointed by a court to administer the estate of a deceased person who left no will. [1] Where a person dies intestate, i.e., without a will, the court may appoint a person to settle their debts, pay any necessary taxes and funeral expenses, and distribute the remainder according to the procedure set down by law.
The list could serve you well as you consider the structure of your living trust. Probate explained: Best not go there Many folks don’t even know what the word “probate” means until it ...