Probate is the legal process of proving the validity of someone’s will. So, that means when a property is in probate, there are various legal maneuvers that the inheritors of the property, the ...
It’s easy to create a plan to pass financial accounts directly to heirs before you die and avoid the probate process after death. All you have to do is complete a form from your financial institution ...
Probate is the court-supervised process of validating a deceased person’s will. It involves identifying the person’s final assets, paying last debts and distributing property to the proper heirs. And ...
A few months ago, my elderly neighbor died. He and his late wife were the original owners of their home, built around 1960. One day, as I was driving past the house, I noticed one of my former college ...
At a real estate meeting a few weeks ago, a nice young lady asked me how she can buy a probate property from her four squabbling relatives who inherited the house. They can’t decide if they want to ...
A do-it-yourself form, newly created by the Legislature, will allow property owners to transfer land and buildings to their heirs without going through probate court — saving legal fees that ...
All intangible personal property of a decedent, such as stocks, bonds, bank accounts and closely held business interests, is taxable regardless of where it is located at the time of the decedent’s ...
About half of all states now let real estate owners transfer properties at death using beneficiary/transfer on death deeds. The deeds are less costly to draft than living trusts. They're also flexible ...
Before you invest time and money into probate avoidance strategies, it's worth taking a step back to understand whether this ...
In Byrd v. McDonald, op. No. 5409 (S.C.Ct.App. filed June 8, 2016) (Shearouse Adv.Sh. No. 23 at 66) the S.C. Court of Appeals decided the appeal of a probate court action to determine heirs and ...
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