When a person dies intestate, the court appoints an executor who decides how to distribute the assets. Planning for your death by creating a will provides instructions for the executor on distributing assets, including specific items or the number of funds each...
The average probate process costs an average of 3% to 8% of the estate's assets. Most people know that the probate process is costly without knowing exactly how much. It's one of the myths about the need for an estate to go to probate. Plenty of other myths...
What if you die without a will? Where do your assets go? Gallup recently released statistics that 46% of U.S. adults have a will. Since 1990, the results of this study have been steady. Estate planning and creating a will is essential to you and the people you...
Many people consider probate to be a four-letter word. This feeling is understandable, as the probate process in Florida is often lengthy, costly, and stressful. Despite the general negativity surrounding having an estate pass through probate, proper estate planning,...
On average, Americans die with about $62,000 in debt.
What happens if your loved one passes away with unpaid bills? You might be worrying about how you'll deal with unpaid debts in probate.
Keep reading to find out all you need to know about unpaid bills...
Since 67% of Americans have no estate plan, inheritance litigation is common among families of deceased individuals. In many cases, people will also contest a will or estate plans on other grounds like fairness and intention. This article will discuss inheritance...
If you're among the 68% of Americans that have not yet drafted a will, it's important that you begin the process as soon as possible. Life is unpredictable, and planning your estate can offer both peace of mind and added security for your assets. However, wills...
According to statistics, 54% of Americans don't have a will.
If a loved one passes away without a will or testament, this can make the estate disbursement process quite complicated. Even if your loved one has a will, settling their estate can be an intricate...
Are you in the process of creating a will for your loved ones? Are you unsure if you need a will or how wills and inheritances affect the estate settlement process? Having a will highlights your last dying wishes for your funeral and such, and it also explains...
You grew up in a huge home overlooking the ocean. Your parents held onto that home throughout their life, and now they have passed. The home holds memorabilia dating back to your childhood. You’re busy with your own life and the thought of dealing with the Florida...
