Tag: wills and trusts

The Advantages and Disadvantages of Revocable Living Trusts

Mar 10, 2014

—

in Family Law, Estate Planning, Probate, Wills

estate living trust revocable living trust wills and trusts

Have you ever wondered by people decide to get revocable living trusts? DuBois Levias Law Group spells out the pros and cons for you: Advantages Avoids Probate: When your assets don’t go through probate, they pass more quickly to your heirs and beneficiaries and they are not diminished by the costs of probate. Flexibility: A…
Probate Tips So Your Loved Ones Won’t Suffer

Nov 11, 2013

—

in Estate Planning, Probate, Wills

community property agreement Joint Tenancy payable on death accounts personal representative revocable living trust Rights of Survivorship will statutes wills and trusts

What is Probate? Probate is the court process that legally transfers your assets to other places after you die. If you die with a Will, the Will is administered through Probate. If you die without a Will, your assets will go to your closest relatives, but the process will include a date with the courts.…