Probate And Estate Law

Credit card debt is very common in the United States. In fact, recent reports show that total credit card debt has surpassed $1 trillion in the country. This is a major benchmark demonstrating how many Americans rely on some form of debt just to make ends meet. This...

Even with a carefully written will, it is almost impossible to account for everything you own – especially since you will continue to acquire more assets over time. This is when a residuary clause comes in handy. Essentially, a residuary clause in a will accounts for...

A personal representative who oversees the probate process on behalf of someone's estate must effectively honor numerous responsibilities. One of the most important obligations that an estate administrator needs to manage involves communication with creditors. An...

Probate is the process of distributing someone’s assets after they pass away. The probate court will verify the will of the deceased individual, before overseeing the distribution of their assets. These assets can include a number of items, including bank accounts....

While being named the personal representative of someone’s estate in Florida is an honor, it comes with a lot of responsibilities. Something many do not know until assuming the role of personal representative is the need to purchase a probate bond, as well as what...

If you’re the personal representative (commonly known as executor) of a loved one’s estate, you are fortunate if they did some sound estate planning to ease the probate process or avoid it altogether. Putting larger assets in a living trust, for example, prevents them...

The responsibilities of an executor can be challenging. One has to locate the will, identify beneficiaries, communicate with them effectively, gather assets and so on.  Sometimes, it is only reasonable that they are compensated for their role, whether they are a loved...