A revocable trust is a flexible financial arrangement designed to manage assets during one's lifetime and efficiently distribute them after death. Having a revocable trust often bypasses the lengthy and costly probate process. This makes it easier to distribute assets...
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Month: September 2023
3 reasons someone’s loved ones might contest their will
The distribution of an estate’s assets may end up delayed in probate court due to a variety of different issues. Sometimes, people raise concerns about the behavior of the representative of the estate and ask the courts to intervene. Other times, creditor claims...
Testamentary capacity and the ability to create a valid will
Too often, elderly people who have procrastinated in creating a will believe it’s too late to do so. They’re afraid it will be disputed because loved ones will claim that they were too “senile” to understand the wishes they documented. In legal terms, such disputes...