Probate Is Not For You — Or Anyone Who Can Avoid It By: Cristin Gerczak, Esq. December 8, 2020 Here is a recent example of the benefits to avoiding probate. Alan passed away in early 2019, divorced and survived by 3 minor children. The minor children were the only...
How to Avoid Probate Click here for a short playlist on the subject of probate. Very few circumstances justify taking action (or not taking action), intentionally, that results in going through Probate administration (a/k/a “estate administration”). It...
Do Life Insurance and Retirement Benefits Need to Go Through My Estate? By: Barry E. Haimo, Esq. May 19, 2015 [VIDEO TRANSCRIPT] BARRY HAIMO: Generally, if structured properly, life insurance and qualified retirement accounts will not go through your estate,...
Does All Personal and Real Property Have to Go Through an Estate When a Person Dies? By: Barry E. Haimo, Esq. May 19, 2015 [VIDEO TRANSCRIPT] BARRY HAIMO: Generally, when you pass on any property in your name, whether it’s personal or real property, tangible or...
How can an estate plan prevent probate of my estate? A “Last Will and Testament” or a “Will” is a legal document that expresses your postmortem wishes. It includes many aspects regarding who you wish to inherit your assets, who will...
What is the maximum amount of real property that can be administered without probate? Whether or not you have a validly executed Will, your estate will go through Probate to the extent that you die owning assets in your name. “Probate” is the legal...