admin Preparing Your Own Will. If your attorney employs less experienced lawyers (associates) or legal assistants (paralegals), their time should be billed at a lower hourly rate. Even in cases where there are two witnesses to a will, it does not mean that it cannot be challenged. Trust: Once you create a trust, you can move … Read more
Probate court proceedings (during which a deceased person’s assets are transferred to the people who inherit them) can be long, costly, and confusing. Any pending estate taxes can also come due within one year from death. Although this dilemma can be resolved using a sprinkling, Crummey Power, or five-and-five power, it is not necessarily an … Read more
It is challenging to get a court to modify the living trust terms after death, and it rarely happens, absent some unique set of circumstances. Notwithstanding, if you’re settling the estate of a deceased person who hasn’t left a will, you probably have more than a few questions about how the estate will be distributed. … Read more