Determining the rights to an estate when the deceased did not create an estate plan is quite complicated, especially for blended families. In some cases, stepchildren feel like the surviving parent is being greedy with estate assets and not providing them with a fair share. Sometimes biological children of the deceased parent will feel as […]
Are you considering contesting a loved one’s will? The time limitations for doing so vary from state to state. Here’s what you need to know about contesting a will in Georgia. What Is The Statute of Limitations for Contesting a Will in Georgia? In Georgia, as long as an heir has a “valid basis” to […]
In a 2019 study by Pew Research Center, it was found that roughly 59% of people ages 18-44 have lived with unmarried partners at some point. Additionally, according to census data 7% of adult couples living together are unmarried, totaling around 17 million people. In a recent episode of our Wealth Matters radio show, Gaslowitz […]
Being an executor or administrator of an estate means you must make sure that all of the money and assets are distributed properly to the beneficiaries involved. If you are unable to find one of the beneficiaries, you should take steps to ensure you are not held liable for whatever benefits they were entitled to. […]
Executors are the individuals responsible for dealing with the probate court, paying outstanding debts, collecting assets, and distributing the estate to beneficiaries after someone has passed away. After being appointed, the executor has a legal duty to follow the deceased’s instructions in the will and fulfill their responsibilities in an appropriate manner. Unfortunately, some executors […]
To protect your assets in the event of a medical emergency or death, you should create an estate plan stating what will happen to your property. This plan will ensure that your assets are cared for and properly distributed in the event of a tragedy. There are a few things you must do to […]
If you are caring for an elderly parent or a child with disabilities, you may need to obtain legal authority to make decisions on their behalf. Taking on this responsibility requires that you be appointed guardian and/or conservator by a court. Here are the differences between the roles: Guardianship Requesting guardianship of an elderly or […]
After a loved one passes away, those coping with grief may exhibit selfish or malicious behavior regarding the distribution of the deceased’s assets. Greedy or overbearing beneficiaries can create challenges for executors trying to abide by the deceased’s wishes. If you have recently been appointed as the executor, here are some things you should know […]
When a family member or loved one passes away, it is important that there is no uncertainty about their final wishes. If you believe your deceased loved one’s will was not up-to-date and contradicts their most current wishes, you should take a closer look at whether the will is valid. If you believe that your […]
Did you lose a loved one who either did not appoint an executor or did not have a will? If your loved one owned assets that require probate, an administrator must be appointed to take charge of those assets. First, it is important to understand the difference between an executor and an administrator. An executor […]
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