Legal Definitions

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Category: Estate Planning (page 2 of 3)

Gift Exclusion

Home » Estate Planning » Estate Taxes » Gift Exclusion

Although the federal government anticipated people trying to give all their property away before they die, thus avoiding death taxes,

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What are the Legal Requirements for a Will?

Home » Estate Planning » Wills » Legal Requirements of a Will

A will doesn’t do you much good in the grand scheme of things if it is not a

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Probate Basics

Home » Estate Planning » Probate Law » Probate Basics

When someone passes, his or her property must be distributed through probate. The process is generally overseen by an executor,

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What is a Power of Attorney?

Home » Estate Planning » Wills » Power of Attorney

A durable power of attorney is a simple and reliable way to arrange for someone to take care of your

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Probate Petitions

Home » Estate Planning » Probate Law » Probate Petitions

Probate petitions should be filed in the county where the decedent was living at the time of expiration, regardless of

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Wills and Children

Home » Estate Planning » Wills » Wills and Children

There are several issues that your child might be confronted with if you pass suddenly and without a will, especially

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Uniform Probate Code

Home » Estate Planning » Probate Law » Uniform Probate Code

The Uniform Probate Code, adopted by 18 states, specifies the rights of a surviving spouse when their spouse passes

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Wills Overview

Home » Estate Planning » Wills » Wills Overview

Writing a will is much less complicated and less expensive than you might think, which is good since 70 percent of

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What is Probate?

Home » Estate Planning » Probate Law » What is Probate?

Probate is the legal process by which property owned by a someone who is deceased has passed to his

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Avoiding Probate

Home » Estate Planning » Trusts and Avoiding Probate » Avoiding Probate

First of all, probate is time consuming and can be very expensive. And guess what? It’s usually not

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