When you think about the control of your possessions and assets after your death, you probably think of a Will and probate. A Will is a written, legally enforceable declaration that states how you ...

Probate is the legal process of administering a Decedent’s Last Will & Testament (“Will”), whereby assets owned by the Decedent at death are distributed pursuant to the terms of their Will, or if ...

Portions of this article were drafted using an in-house natural language generation platform. The article was reviewed, fact-checked and edited by our editorial staff. Probate can be an intimidating ...

For many families, the administration of a decedent's estate proceeds quietly and efficiently. Assets are gathered, debts are ...

We constantly hear from advisors that we should plan our affairs in such a way as to avoid probate. What does the phrase mean and what property is subject to the probate process? What planning is ...

In John’s case, a trust could have helped his family avoid probate, protect their privacy and minimize estate taxes when his father died. A trust is a legal document that allows you to retain control ...

In presentations regarding essential actions individuals should take regarding inheritance, emphasis is usually placed on drafting a will. This leaves unanswered what happens to assets that do not ...

Estate of Myers v. Commissioner 1 is an important estate-planning case as it suggests the Internal Revenue Service can pursue unpaid estate taxes against its choice of beneficiaries, probate or ...