When you have the responsibility of handling and liquidating an estate’s personal property, nothing may initially help more than an estate sale. And, once you have sorted out and removed personal items from the estate, you can set up and monitor that process, on your own. Although, that may not be viewed as one of the best benefits of having an estate sale. It can often require much time and meticulous attention, for one thing. Or, you can rely on… Read more
Many people do not know what differentiates a probate from a trust property. They may often think both are much the same thing. But truth be told, the only main thing they have in common is the handling of someone’s property upon their passing. And, the difference between probate and trust processes becomes clear beyond that. In fact with probate, lack of a will or key will stipulation gets typically involved. As a result, the steps that follow would involve… Read more
Put simply, probate refers to a process for handling and dispensing property of deceased persons. The process can often involve the lack of a will or key stipulations in a will. And in light of that, the probate process with probate court comes into play. The probate process explained, in effect, means the estate must go directly through legal hurdles and channels for its handling and settling. If any beneficiaries are included in the will, the probate process includes dealing… Read more
An Administrator or Executor amounts to basically the same position. They are someone who is designated to carry out the terms of an estate plan, upon the death of the estate owner. The deceased names that person in their will. Or if no will exists, someone still must carry out those duties. In effect, an Administrator. And, both assignments simply become a personal representative for the proper overseeing and settling of the probate or trust process. In fact, Administrator and… Read more
Follow Us