“The last will and testament of Frederica Evelyn Stilwell Cook, who died 9 January 1925, age 68, is thought to be the longest will ever filed for probate. The will was 1,066 pages (95,940 words) and occupied four gilt-edged, leather–bound volumes.” While it is unlikely that you will ever have to administer a 1,066 page will, it is important that you understand the […]
A revocable living trust is a document that allows you to transfer ownership over properties within your lifetime into a trust in favor of the intended beneficiaries. The creation of a revocable living trust is an important tool in estate planning while retaining control over the transferred assets during your lifetime. When you create a […]
Setting up a trust has been a popular estate planning tool, especially if you want to leave properties and assets to your loved ones without the hassle of undergoing the probate process. In a trust, the creator or trustor transfers his property under the care of a trustee, who can be a trust lawyer, in […]
What is Probate? Probate is the process of validating and executing a will. If a will does not exist, an estate will go through probate and be distributed as dictated by state law. The actual probate process as well as distribution guidelines vary by state but here are the basic steps of probate. If a […]