When planning for the transfer of assets after death, two terms come up often: probate and trust. Probate is the court-supervised process of validating a will, paying debts and distributing assets to ...
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 ...
How can families plan ahead to protect their assets, support loved ones, and ensure their wishes are honored? On this week’s LIFE Ahead, host Sandy Thomson welcomes Heidi B. Adair and Phillip E. Houk ...
Wondering whether retirement accounts go through probate? In most cases, they don’t — thanks to beneficiary designations.. Retirement accounts like IRAs, 401(k)s and annuities typically bypass probate ...