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Ensuring that a child has a secure financial future is a big challenge all by itself. The issue is even scarier to think about when a child has special needs. In these cases, parents often wonder who will care for their child and how the child’s…
If you die without a will, then the law calls that dying “intestate” (as opposed to dying with a will, which is called “testate”). Many people don’t bother getting a will, because they figure it doesn’t matter: if they die, their spouse gets everything, and if their spouse has already died by that time, their kids get everything split equally. Easy, right?
Ensuring that a child has a secure financial future is a big challenge all by itself. The issue is even scarier to think about when a child has special needs. In these cases, parents often wonder who will care for their child and how the child’s…
Probate is the court process by which a deceased person’s assets are transferred to the people she left her assets to in her will, or if she died without a will, transferred to her next of kin. For a more detailed explanation about probate, please click here.
One thing I’ve seen clients have a lot of confusion about is the probate process. It’s one of those things that almost everyone has heard of, but not many people know what it means for them personally.