Part of the estate administration process is taking steps to ensure that debts of the estate are verified and paid. That is why the creditor claims process is such an important part of probate. Let’s take a look at what this process looks like.

Creditor Claims During Estate...

Probate is a burden that falls on many after the death of a loved one. It can be a frustrating and time-consuming process. It can also be a costly one. Fortunately, there are many ways to plan your estate so that the bulk, if not all, of it avoids probate completely. Though,...

Since cryptocurrency came into existence over a decade ago, even the most reluctant of investors have started to consider joining this market. It took some time for Bitcoin and other cryptocurrency to gain widespread believers, but it has happened. More and more people are holding cryptocurrency among their assets. Digital holdings, in...

Considering the legacy you wish to leave your loved ones is a big idea to grapple with when you are estate planning. While you may be certain that you want to provide financial resources to your beneficiaries after you pass away, you may worry about how they will spend the inheritance you...

If you have only just dipped your toes into the world of trusts, you may find yourself slowly backing away as the sheer amount of information can be overwhelming. There are many different types of trusts that can serve a variety of purposes. Knowing what is what can quickly become confusing when...

A trustee can be a person or an institution, but the fact remains that the role of a trustee is an important one. A trustee is appointed to manage a trust for the benefit of trust beneficiaries. The trustee must, at all times, manage the trust in the best interests of trust...

Many people underestimate or do not consider the peace of mind that can come with putting a comprehensive estate plan in place. A comprehensive estate plan, after all, includes much more than your average last will and testament directing where your assets and belongings are to go after you pass away. For...

Sending your kids off to college can be an emotional time. They are leaving the metaphorical nest and forging their own path ahead. It marks a change in the parent-child relationship, for sure. A parent’s job, however, is never really done. Even when your kid is off at college, they will still...

If you are considering including a trust in your estate plan, you may have already begun thinking about who you want to serve as trustee. You may think about selecting a friend or a family member to serve in this role. You may want to appoint a friend or a professional...

If you have started thinking about estate planning, congratulations are in order. You have taken an important step to protecting a future you want for yourself and your loved ones. Estate planning is a multifaceted operation. It involves a lot of different considerations and pinning down many moving parts. With all...