There are several reasons why some individuals prefer to avoid the probate process. To many individuals, probate is a slow, tedious process that generally takes a very long time to complete, depending on the state. Probate can also be a very costly process. Additionally, because probate is handled in court, and court matters are public […]
In Washington, probate may be necessary when: 1. A person dies leaving property in his or her own name (such as a house titled only in the name of the decedent) or having rights to receive property, without a designated beneficiary 2. The estate is worth over $100,000. Essentially, the only assets that are subject […]
The probate process is the process where your beneficiaries and executor have to prove that your will is valid. During the probate process, a court considers the many legal aspects of the will, including if it was legally created. Specifically, what is being proved is that: The Will Was signed by its maker (its […]
Probate laws are designed to protect the rights of heirs and creditors and to assure the orderly collection, preservation, and transfer of property. In order to ensure that the Decedent’s bills are paid and Decedent’s property is accounted for, transferred to, and retitled in the names of Decedent’s Beneficiaries, it is important to prove your […]
A letter of probate is a legal document that gives the executor the right to control the assets of a deceased persons estate. Letters are the document issued by the Court evidencing its appointment of the Personal Representative: If Decedent died testate, the Letters are known as Letters Testamentary. If Decedent died intestate (technically, […]
What is Probate? Probate is the process through which the estate of a decedent that has passed away with or without a will is administered. Common issues that are addressed in the probate process include transferring assets to beneficiaries, paying the debts of the estate, establishing the validity of a will,1 and paying any taxes […]
Intestate means that one has died without creating a will. When this happens, the intestacy laws of the state where you reside will determine how your property is distributed upon your death. This includes any bank accounts, securities, real estate, and other assets you own at the time of death. Real estate owned in a […]
Dictionary Definition Probate 1. (a) : the action or process of proving before a competent judicial authority that a document offered for official recognition and registration as the last will and testament of a deceased person is genuine (b) : the judicial determination of the validity of a will 2. : the officially authenticated copy […]
If you believe you need to bring an environmental claim against another party or if you are facing an environmental claim, it is important to have Tacoma environmental law lawyers handling your case who will explore different alternative dispute resolution1 options whenever possible. One option that can save you time, money and energy is mediation. […]
In response to the sub-prime mortgage crisis of the latter part of the last decade, the United States government instituted several programs to help homeowners and tightened regulatory controls on the mortgage industry. One the programs created was the Home Affordable Modification Program,1 often referred to as “HAMP.” The program encourages lenders to lower homeowners’ […]
