It’s no secret; senior living facilities can be an ideal living situation for older adults from all walks of life. Nevertheless, since many do not consider moving into these communities until they’re older, they often have lots of questions about the rules and regulations for living in such a community. For instance, many people wonder […]
When someone passes away and has left assets behind, probate may be required to take care of any loose ends required before the deceased’s assets are distributed. This process can occur whether a person had a last will and testament or not, so it is important when putting your will together to consider that this […]
When someone passes on, their estate usually goes through a process known as “probate.” During probate, an individual’s debts and assets will be identified. Their debts will be paid off and then their assets will be distributed in accordance to their will. Absent a will, rules of inheritance will apply. Depending on the complexity of […]
One of the most important steps when planning your will is to determine who will have the power to execute that will. The personal representative is responsible for things such as the selling of real estate and the distribution of assets to all the beneficiaries of the deceased. There are times when this representative may be […]