Frank can avoid probate on his RRIF and TFSA by listing his two children as 50/50 beneficiaries, Rempel said. “His estate ...

One of the biggest mistakes people make is naming minor children as beneficiaries on accounts and policies. The thought is "I'll avoid probate court because I have beneficiaries named and they'll get ...

Probate is the court procedure of proving a will after someone (the decedent) who has completed his or her last will and testament dies. If you have a will and pass away, you have passed away testate ...

Passing a house to children is supposed to feel like a gift, yet in practice it is one of the easiest ways for parents to ...

Probate is the administrative process through which a representative is appointed to collect the assets of a deceased person and distribute them to beneficiaries. Requirements vary by state, but ...

Probate is a legal process that verifies the validity of a deceased person’s will. This includes addressing debts and distributing remaining assets. If you die without a will or a living trust, ...

A new Minnesota law makes it easier and cheaper for Minnesotans to plan for the transfer of real property upon their death. The transfer on death deed (or TODD) legislation that went into effect last ...

Most Americans know the folly of dying without a will. Under the widely different state formulas devised for such cases, a widow can lose one-half of her husband’s estate to his relatives. Equally ...

The probate process can be time-consuming, extending to several months or sometimes years. Additionally, it can be a costly due to court, attorney and executor fees. Plus, probate is a public process, ...