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7 Minute Lawyer
4 minutes | Jun 28, 2014
#003: Strategies for Avoiding Probate
In my last post, I said that in order to avoid probate, the decedent could not own any assets in his or her personal name. In terms of avoiding probate, it is helpful to think in terms of non-probate assets and probate assets. “Non-Probate” Assets. These are assets that, by definition, do not go to […]
4 minutes | Jun 16, 2014
#002: What is Probate?
We sometimes have clients who come in saying something like, “I want to avoid probate. I need a Will.” Many people incorrectly assume that having a Will is what they need to avoid probate. That is simply not the case. So what is probate? Probate is the court process of settling a deceased person’s estate. It […]
4 minutes | May 21, 2014
#001: What is a Will?
What is a Will and do you really need one? This may sound basic, but it is a fundamental question that all of us, as responsible adults, should answer in our own minds. Unfortunately, death is a certainty that we all must face, and we never know when it will happen. It is therefore advisable to […]
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