Imagine this Scenario Claire recently died. When her brother Tom went through her belongings, he found her handwritten Will and various other bank statements and correspondence from her stockbroker. It turns out that Claire, who was always sort of a penny pincher, had an estate worth several hundred thousand dollars when she died. She never did like … [Read more...]
What is Probate and How Does it Work?
What is Probate? Probate is a court procedure whereby the estate of a deceased individual is administered so that creditors are paid, assets gathered, and property is distributed to the rightful heirs and beneficiaries. When probating an estate, there is a systematic statutory process involving certain standard procedural steps, all as more particularly … [Read more...]