Probate is the process of distributing assets after someone dies. There are various ways to avoid probate or limit what assets go through the process at all. But it is often a crucial part of the process. Joint tenancy, meanwhile, indicates that two people are equal...
Month: May 2021
What happens if an LLC is set up incorrectly?
When you incorporate your business, it is very important to get it right the first time. After all, you don’t want to launch your new company under a cloud of impropriety. You chose an LLC over a sole proprietorship or some other business structure for solid and...
4 probate mistakes that are best avoided
Unless you served as someone’s executor in the past, you may be learning the process as you go. The executor role brings with it many important responsibilities, and failing to follow certain guidelines may wind up costing you and your loved ones a good deal of...
What estates qualify for simplified probate in Pennsylvania?
Most estates pass through the probate process before the distribution of assets to heirs occurs. This process can take a long time depending on how large the decedent's estate is, how many heirs or beneficiaries they have and whether someone contests their will. There...