Legal Definitions

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Category: Probate Law (page 1 of 2)

Joint Tenancy

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

Joint tenancy is pretty simple – it is a form of shared ownership. Thus, if you die, the

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Life Insurance

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

Like a pay on death designation, you can designate specific persons on your life insurance policies to be

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Living Trusts

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

A trust – or a living trust – is a legal means of assuring that a decedent’s property

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Pay-on-Death Designations

Home » Estate Planning » Trusts and Avoiding Probate » Pay-on-Death Designations

For bank accounts, bonds, IRS, and other securities, you can simply designate a pay-on death beneficiary. Thus, when

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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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Funeral Arrangements – Final Disposition

Home » Estate Planning » Trusts and Avoiding Probate » Funeral Arrangements – Final Disposition

It is in your best interest to make out a final disposition document detailing how

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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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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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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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