We constantly hear from advisors that we should plan our affairs in such a way as to avoid probate. What does the phrase mean and what property is subject to the probate process? What planning is ...

Probate is a critical legal process for handling someone’s assets when they pass away. The court oversees the allocation of assets, consuming time and resources. While this process serves as a vital ...

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

Probate can be a real headache, and it’s something most folks want to dodge if they can. It’s not just about the red tape; it ...

Probate is the legal process of administering a Decedent’s Last Will & Testament (“Will”), whereby assets owned by the Decedent at death are distributed pursuant to the terms of their Will, or if ...

When someone dies, banks are quick to lock down accounts until they know exactly who is legally entitled to the money. That ...

Probate can be a lengthy process, and cost your beneficiaries more than it should. It’s the process of distributing your assets if you haven’t properly planned out your finances for when you pass away ...

4. Spouse’s Right of Election: Overrides the Terms of the Will 5. Exempt Property Under EPTL 5-3.1: Overrides the Terms of the Will Gerald I. Carp is a partner in the New York City office of Schiff ...

Michelle Ogata, Principal Attorney at Estate Planning Partners Hawaii, recently joined Kay Mukagawa of Engel and Volkers for a brand new edition of Living Akamai to shed light on probate and how to ...

Q: I have been told that you can avoid probate without using a trust by registering your bank accounts a certain way. Is there any truth to this? A: With some clever planning, it may be possible to ...

Avoiding probate can save your beneficiaries time, reduce costs and protect their privacy while your estate is being settled. You can keep your Connecticut estate out of the probate court system by ...