How Probate Works If your loved one has passed away and left behind certain assets, you may or may not have to go to court in order to access or inherit those assets. You can learn more about what a probate is generally and why it occurs by reading our article, What is a Probate? …
Whether intentionally or not, some people are of the opinion that a trust is not necessary either because they have someone else named on their account or because there is a beneficiary. So does beneficiary-designated accounts or joint accounts still go through probate? Well, it depends. Keep reading… Beneficiary Accounts If an asset has a…
WHAT IS A PROBATE? You may think that after your loved one passes away, everything they own will simply go to their spouse, children, siblings, or closest family members. Unfortunately, it’s not that simple. With a few exceptions discussed below, when you die, your assets will go through court. This is called probate. (For…
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