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  2. Probate court - Wikipedia

    en.wikipedia.org/wiki/Probate_court

    The probate court will then oversee the process of distributing the deceased's assets to the proper beneficiaries. A probate court can be petitioned by interested parties in an estate, such as when a beneficiary feels that an estate is being mishandled. The court has the authority to compel an executor to give an account of their actions.

  3. What happens to your investment accounts after you die? - AOL

    www.aol.com/finance/what-happens-to-investment...

    The federal estate tax kicks in for estates worth over $13.61 million in 2024 and $13.99 million in 2025, but state estate taxes often have much lower thresholds.

  4. Uniform Probate Code - Wikipedia

    en.wikipedia.org/wiki/Uniform_Probate_Code

    Stalley, [3] a Michigan lawyer relied on the official text of the Uniform Probate Code and failed to check the statute as it had been adopted in Florida. As a result, the lawyer missed a filing deadline on a $3,760,909.49 claim.

  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 jurisdiction where the deceased resided at the time of their death.

  6. Maine Estate Tax - AOL

    www.aol.com/news/maine-estate-tax-143341313.html

    The estate tax rates in Maine range from 8% to 12%. The tax applies on estates worth more than $5.49 million. This guide has the information you need to know if you’re starting to think about ...

  7. What happens to your bank account after you die? - AOL

    www.aol.com/finance/what-happens-to-bank-account...

    Seventeen states and Washington D.C. tax inherited wealth through estate or inheritance taxes, according to the Center on Budget and Policy Priorities: Connecticut. Hawaii. Illinois. Iowa ...

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  9. Rule against perpetuities - Wikipedia

    en.wikipedia.org/wiki/Rule_against_perpetuities

    The rule against perpetuities serves a number of purposes. First, English courts have long recognized that allowing owners to attach long-lasting contingencies to their property harms the ability of future generations to freely buy and sell the property, since few people would be willing to buy property that had unresolved issues regarding its ownership hanging over it.

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