Factoring Debts Into Your Estate Plan
Estate planning is a necessary process and can be complicated by one carrying debts. When thinking about estate planning, many people only think about the assets they will leave to the heirs. However, it is also critical to understand how your debt can also affect your estate after you die. The lawyers at the Dana […]
Informal vs. Formal Probate In Arizona
Probate is the legal process through which a person’s estate is administered after their death. The estate is typically composed of the decedent’s assets and liabilities, which are used to settle any outstanding debts and taxes. The probate process can be either formal or informal, depending on the state in which it is taking place. […]
Adding A No-Contest Clause To Your Will In Arizona
Want to Avoid Conflicts Over Your Final Wishes? Add a No-Contest Clause to Your Arizona Will Many estate holders create a will for the sole purpose of making sure that their estate gets distributed among their surviving beneficiaries according to their wishes. Unfortunately, even this necessary and sensible step can’t guarantee a smooth transfer of […]
Tips For Executors To Help Administer An Estate
Being asked to be the executor of an estate is a significant responsibility. Therefore, before you accept this role, you must understand all the obligations you will need to fulfill as the executor. Below is a summary of all the duties you will take on if you accept this important role. Understanding all of your […]