Creditors and Probate
Personal representatives, beware. Do not distribute assets to beneficiaries before the balance of the estate’s taxes and all outstanding debts are completely paid or dismissed by the probate court.
Reducing the risk of probate litigation
Reducing the risk of probate litigation Jesse Bifulco, Attorney, Camden Maine Many family circumstances can increase the risk of probate litigation. Still, there are two fundamental reasons: families disagree with how to handle a mentally incapacitated family member...
Know your goals. Not everything Transfers on Death (TOD ) Probate vs Joint Accounts
Those starting to think about estate planning sometimes think there is a choice between probate avoidance/cost savings versus achieving effective estate planning goals. Penbay Estate Planning Law Center thinks you can achieve both.
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