Estate Planning for Digital Currency – A Guide for Investors
Digital currencies, also known as cryptocurrencies, have become increasingly popular over the past few years, and for many investors, these assets have become an integral part of their financial portfolios. But, like any other valuable asset, it’s important to consider what will happen to your digital currencies when you die. This is where estate planning […]
Witnesses to a Will: How to Make a Will Valid
Most legal documents require a signature to make them valid. Once they are signed, they’re good to go. When you sign a Will, usually you need at least two adult witnesses and a notary must be present to actually watch you sign the document so it will be easily admitted to probate. This is called […]
Considering Who to Choose as Beneficiary of Your Estate
Choosing a beneficiary is an important decision that should not be taken lightly. A beneficiary is the person or entity who receives the benefits from a life insurance policy, retirement account, or other asset upon your death. Selecting the right beneficiary is crucial to ensure that your assets are distributed according to your wishes and […]
The Costs Involved with Probating a Will
Probating a Will can be a lengthy and expensive process. Many people are surprised by not only the time the process takes, but the various costs involved. We’re going to examine the costs of probating a Will and some ways to reduce and even avoid the expense. What is Probate? In a nutshell, probate is […]
Out-of-State Assets and Your Estate Plan
Do you own property in another state or in another country? Is it included in your Will or Trust so it would go to those of your choosing when you die? If so, you’re all set, right? Not so fast! That Will or Trust may not have legal standing outside of your state. When it […]
A Comprehensive Guide of the Probate Process
Maybe you have heard about probate, but few people really understand the process. If you are an Executor – or Personal Representative – of a Will, you should know how probate works. Here is a comprehensive guide of the probate process. Last Will and Testament: The document that must be probated A Last Will and […]
What Happens After I Die? Your Will and the Probate Process
If you have a Will when you pass away, the Will must be validated so that your final wishes can be legally honored and carried out. The Will must go through a process called probate before your estate is distributed. What is Probate? This is a legal procedure of the probate court reviewing and verifying […]
Your Guide to Probate: All You Need to Know
Unfortunately, most of us will have to go through the probate process at some point in our lives. Whether you are to be the beneficiary of your family’s estate, or if you’re just curious about the process, it is always handy to have an understanding of how the system works just so you can be […]